“LONDON—Delta Air Lines Inc. DAL -0.50% has approached Singapore Airlines Ltd.C6L.SG +0.75% to discuss buying its 49% stake in British carrier Virgin Atlantic Airways, three people familiar with the situation said Sunday.
The Asian carrier has been considering selling its stake in Virgin over the past five years and has held talks with a number of airlines including Delta in the past. The people familiar with the talks said there was no certainty they would succeed this time.
A spokesman for Singapore Airlines said: “We review our investments regularly, but no decision has been made about a divestment of our shareholding in Virgin Atlantic.”
Singapore bought its minority stake in Virgin from founder Richard Branson in 2000 for £600.3 million ($962 million).”
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