Looks Like Another Airline Wants to Party with Virgin Atlantic
December 3, 2012 at 9:05 AM
There might be some moving and shaking in the airline industry this week, as it looks like one carrier is interested in a slice of another carrier. Don’t worry, as this isn’t going to be another merger, but if things go through there might be some subtle changes on the horizon.
Singapore Airlines owns around half of Virgin Atlantic, but maybe not for much longer. Apparently Delta is pretty interested in grabbing that share, as rumors are swirling they’re looking to pay up for a 49 percent share in Virgin Atlantic. They might not be the only ones getting a stake in Virgin Atlantic, as there are some indications that Air France-KLM could chip in as well to grab part of Sir Richard Branson’s airline.
A change in ownership—even if just less than half—would open up some new availability to London-Heathrow, and that would especially be the case if Virgin Atlantic is game to join an airline alliance. With Delta and Air France-KLM sniffing around it would make most sense for Virgin Atlantic to eventually become part of SkyTeam, and that means that your frequent flyer miles could go that much farther.
For now it’s all business as usual, but we’ll be sure to let you know if any other ownership shake-up news comes around.