On Air Now

Tune in to Listen

99.9 FM Hibbing, MN

Weather

Current Conditions(Hibbing,MN 55746)

More Weather »
42° Feels Like: 42°
Wind: SSW 0 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Partly Cloudy 70°

Tonight

Mostly Clear 52°

Tomorrow

PM Thunderstorms 75°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

EU Commission clears Delta to buy stake in Virgin Atlantic

Aircraft models are seen following a news conference to announce the sale of Virgin Atlantic airline to Delta Air Lines, in New York Decembe
Aircraft models are seen following a news conference to announce the sale of Virgin Atlantic airline to Delta Air Lines, in New York Decembe

BRUSSELS (Reuters) - The European Commission has cleared Delta Air Lines to buy a 49 percent stake in British airline Virgin Atlantic , the European Union's competition watchdog said on Thursday.

The Commission said it was not concerned about the transaction because the companies would continue to face competition, especially from British Airways and American Airlines.

Delta announced the purchase in December, saying the move would allow the U.S. carrier to expand its access to London's Heathrow Airport.

Reuters reported on June 10 that Delta would receive unconditional clearance for the purchase.

(Reporting by Robert-Jan Bartunek)

Comments