Delta said to study buying Singapore stake in Virgin

Posted: December 4, 2012 at 2:39 a.m.

Two Boeing Co. 747 aircraft, operated by Virgin Atlantic, sit at Heathrow Airport’s Terminal 3 near London on Nov. 2. Sources say Delta Air Lines is considering the purchase of Singapore Airlines’ 49 percent stake in Virgin Atlantic.

Virgin Atlantic Airways, which flew solo for a decade as rivals formed the global groups that dominate the industry, is edging closer to consolidation as Singapore Airlines considers selling its 49 percent stake, sources say.

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Business, Pages 23 on 12/04/2012