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EU: Air France-KLM, Delta, Virgin group deal approved

By  |  February 12, 2019

On Tuesday, February 12, EU antitrust regulators cleared Air France-KLM, Delta Air Lines, and Virgin Group to acquire joint control over Virgin Atlantic, reported Reuters.

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    The deal involves Air France-KLM buying 31% of Virgin Atlantic from Richard Branson’s Virgin Group, giving it joint control of the airline together with Delta and Virgin Group.

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    The European Commission announced its investigation showed that there would still be strong competition in the market following the deal.

    Full Content: Reuters

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