Delta and Virgin Atlantic receive tentative DOT antitrust immunity for trans-Atlantic alliance

Delta Air Lines (Atlanta) and Virgin Atlantic Airways (London) have received tentative U.S. Department of Transportation (DOT) (Washington) antitrust immunity for its proposed trans-Atlantic alliance. As part of the deal, Delta is acquiring a 49 percent stake in Virgin Atlantic for $360 million from Singapore Airlines (Singapore).

All other parties will have 14 days to comment on the DOT decision, otherwise it will become final.

Read the full report from Reuters: CLICK HERE

Top Copyright Photo: Brian McDonough/AirlinersGallery.com. Delta’s Boeing 757-232 N650DL (msn 24390) banks on the final turn on the River Approach into Washington (Reagan National).

Delta Air Lines: AG Slide Show

Have you seen the “new look” AirlinersGallery.com?

Virgin Atlantic Airways: AG Slide Show

Bottom Copyright Photo: Michael B. Ing/AirlinersGallery.com. Airbus A340-313 G-VAIR (msn 164) climbs away from Tokyo (Narita) painted in the updated 2010 livery which also includes airline titles on the fuselage underside.