Virgin Atlantic: No need to join SkyTeam yet

Virgin Atlantic has no immediate plans to join SkyTeam, despite being part-owned by Delta Air Lines and Air France-KLM being in the process of buying a stake in the carrier. “There might be a time when it makes sense,” CE Craig Kreeger said. Kreeger said Virgin’s deep bilateral partnerships with airlines such as Delta drive more value than alliance membership. “That strategy is working fine,” he said. Once the potential from these partnerships has been exhausted, he said Virgin might consider joining SkyTeam. Air France-KLM is still going through regulatory clearances to secure its stake in Virgin Atlantic. Kreeger said the process remains on track for completion in the first half of 2019. He added the Air France-KLM partnership offers “the same kind of benefits” as the Delta deal. <br/>
ATW
http://atwonline.com/airlines/virgin-atlantic-no-need-join-skyteam-yet
12/6/18