December 11, 2012 Virgin Atlantic and Delta Announce Partnership
Delta has bought the 49% stake in Virgin previously held by Singapore Airlines. My previous posts have gone into more detail on this issue. What we see in the next few months is Virgin moving into Sky Team and the termination of their relationship with US Airways.
This will increase pressure on UA Airways, who is now in last place of the lucrative flights to Heathrow, to merge with AA. I suspect US to sweeten its big for American Airlines. the sweeter the bid, the more like American the final airline will look like.