Delta, Virgin Deal Closing Soon? Virgin Keeps Brand
Delta Air Lines (DAL) could pay less than $500 million for a stake of Virgin Atlantic Airways, according to published reports. But Virgin will still fly its red tailed planes as owner Richard Branson said he planned to keep control of the brand. The agreement for Singapore Airline's 49% stake in Virgin could be sold for as little as $300 million or as much as $500 million, according to Bloomberg sources. Singapore Airlines paid the equivalent of
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