Delta Air Lines is purchasing a 49 percent stake in Virgin Atlantic for $360 million. The deal is pending approval from regulators in the United States and Europe.
Delta Air Lines, which is moving to replace smaller, regional aircraft, is shutting down Comair, one of its affiliates that flies under the Delta Connection banner.
Southwest Airlines is planning to spend $100 million on refurbishing to 88 Boeing 717 aircraft that it is planning to lease to Delta Airlines, according to published reports.
Airline mergers have resulted in better networks and profitable airlines, U.S. Airways Chairman and CEO Doug Parker told the National Press Club today.
Delta has finalized an agreement with Southwest Airlines and Boeing to lease 88 Boeing 717s currently in service at Southwest subsidiary AirTran Airways, the airline announced today.
Atlanta-based Delta Air Lines has agreed to lease 88 Boeing 717 aircraft currently in use by Southwest Airlines‘ subsidiary AirTran Airways, but the deal is contingent upon Delta pilots ratifying a labor agreement.
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