The US Dept. of Justice (DOJ) and the European Commission (EC) have both given antitrust clearance to the planned Delta Air Lines-Virgin Atlantic Airways transatlantic joint venture. The US Dept. of Transportation (DOT) must still approve the deal, which is expected, particularly after DOJ and the EC both found no competition issues. Delta late last year announced it would spend $360 million to acquire Singapore Airlines’ 49% stake in Virgin Atlantic. As part of the deal, Delta and ...

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