Regulator clears Virgin Atlantic takeover
European Union anti-trust regulators have given the go-ahead for a proposed acquisition of joint control over Virgin Atlantic by Air France-KLM, Delta and Virgin Group.
The European Commission said its investigation showed that there would still be strong competition in the market after the deal, which involves Air France-KLM buying 31% of Virgin Atlantic from Virgin Group.
The deal would give Air France-KLM joint control of the airline, along with Delta and Virgin Group.
Lisa
Lisa joined Travel Weekly nearly 25 years ago as technology reporter and then sailed around the world for a couple of years as cruise correspondent, before becoming deputy editor. Now freelance, Lisa writes for various print and web publications, edits Corporate Traveller’s client magazine, Gateway, and works on the acclaimed Remembering Wildlife series of photography books, which raise awareness of nature’s most at-risk species and helps to fund their protection.
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