3rd Sep 2014 13:09
LONDON (Alliance News) - Virgin Atlantic Airways Ltd is to increase flights on its core transatlantic routes in a bid to pose a stronger competitive threat to British Airways and to return to profit, the Financial Times reports Wednesday.
Starting in summer 2015, Virgin Atlantic will increase the frequencies of flights on routes between London and New York and Los Angeles, along with new services to cities like Detroit. It will drop flights to Tokyo's Narita Airport and to Mumbai, Vancouver and Cape Town, the FT said.
The changes are designed to maximise the benefits of the carrier's partnership with Delta Air Lines Inc, which acquired a 49% stake in Virgin last year, the paper said. The airlines have a joint venture on transatlantic routes similar to the Oneworld partnership between American Airlines Inc and International Consolidated Airlines Group SA's British Airways.
http://www.ft.com/cms/s/0/a63c00f0-334a-11e4-85f1-00144feabdc0.html#axzz3C3chgOEn
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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