Delta in talks to buy a stake of Virgin Atlantic
This could give Delta more of a presence at London's Heathrow airport and Virgin would get access to more US airports.
Talks are under way between Delta and Singapore Airlines, two people familiar with the matter said. A stake sale could let Virgin form a trans-Atlantic venture with Delta and partner Air France-KLM Group (AF) in the SkyTeam alliance, providing access to takeoff and landing slots at the U.K. carrier’s Heathrow base. Delta is discussing buying all or part of the Singapore Airlines stake.
Delta Covets London Growth With Stake in Virgin Atlantic - Bloomberg