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Heathrow ‘Land Grab’ Looms as Branson Mulls Virgin Atlantic Fate

Richard Branson may create a “once-in-a-generation” chance for Delta Air Lines Inc. and Air France-KLM Group to grow at London Heathrow, Europe’s busiest airport.

The U.K. billionaire is considering options for his Virgin Atlantic Airways Ltd., whose 288 takeoff and landing slots at Heathrow are 3 percent of the total. A buyer would be able to use the slots to add lucrative flights to U.S. and Asian business markets, said Ray Neidl, senior aerospace specialist at Maxim Group in New York.