Richard Anderson, chief executive officer of Delta Air Lines Inc. (DAL), and Julie Southern, chief commercial officer of Virgin Atlantic Airways Ltd., talk about Delta's agreement to buy a 49 percent stake in Richard Branson's Virgin Atlantic Airways for $360 million.
The carriers will begin a joint venture on 31 daily round-trip flights between the U.K. and North America as they use Virgin Atlantic's base at London's Heathrow airport, according to a statement today. (Source: Delta Air Lines/Virgin Atlantic Airways)
03:51 Anderson: joint venture's strategy 06:20 Southern: "very major step forward" 06:23 Anderson and Southern respond to questions.
Running Time: 27:43