Singapore Airlines in talks to sell Virgin stake | Bangkok Post: news

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Singapore Airlines in talks to sell Virgin stake

Singapore Airlines said Monday it was in talks with "interested parties" on a possible sale of its 49 percent stake in Virgin Atlantic as media reports listed US carrier Delta as a possible buyer.

A Singapore Airlines plane sits on the tarmac at Changi International Airport in Singapore. Singapore Airlines said Monday it was in talks with "interested parties" on a possible sale of its 49% stake in Virgin Atlantic as media reports listed US carrier Delta Air Lines as a possible buyer.

"Singapore Airlines wishes to announce that it is in discussions with interested parties concerning the possible divestment of its 49 percent shareholding in Virgin Atlantic Limited," the carrier said in a statement.

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