Manufacturing Industry
Virgin Atlantic in financial talks over purchase of Gatwick Airport - report
Airline Industry Information, Sept 2, 2008
AIRLINE INDUSTRY INFORMATION-(C)1997-2008 M2 COMMUNICATIONS LTD
Virgin Atlantic has been holding talks with its financial partners concerning a potential bid for London Gatwick Airport.
The airline currently has a stake in the consortium, which owns UK air traffic control system NATS.
A spokesman for the airline reportedly revealed that talks are currently at an early stage and it intends to approach other airlines with the suggestion of forming a consortium, once suitable backing has been secured.
According to The Times, Dubai International Capital, which is closely tied with Virgin Atlantic, has previously expressed interest in purchasing the airline.
((Comments on this story may be sent to aii.feedback@m2.com))
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