Europe’s largest airline, Air France-KLM in the means of revenue and by revenue and the delta airlines which is Atlanta based Delta airlines are working together to examine a bid for the famous airlines Virgin Atlantic, This has been reported by the Sunday times and specially mentioned there are no sources involved in this bidding process which has been started for the virgin Atlantic. This is our hard and fast policy that we do not comment on the rumors of the industry.
The Consortium is trying to force Virgin into joining the Sky team alliance and has hired Goldman Sachs as an adviser; this has been announced by the newspaper. The virgin Atlantic responded with the statement that it is a strong independent business with a firm growth position at both Gatwick and London Heathrow. So we are not surprised that there is interest in it.
The company has added that it could not comment on this issue any further. Richard Branson the virgin founder of retained a fifty one percent share in the airline while the Singapore airlines hold the remainder. Olivia Cullis a spokesman for delta said that potential airlines partnership is not going to be seen in the coming days.
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