|WHO:||Richard Anderson, CEO, Delta Air Lines
Richard Branson, president, Virgin Atlantic Airways (via video)
Julie Southern, chief commercial officer, Virgin Atlantic Airways
|WHAT:||News conference discussing a trans-Atlantic joint venture between the two airlines|
|WHEN:||Tuesday, Dec. 11, 2012
11:00 a.m. ET
|WHERE:||The New York Palace Hotel
The Holmes Room, 4th Floor
455 Madison Avenue
New York, NY 10022
Delta and Virgin Atlantic have formed a strategic alliance that will create an expanded trans-Atlantic network and enhanced benefits for customers traveling between the United States, Canada and Mexico and the United Kingdom. The agreement will result in 31 peak-day flights between the United Kingdom and North America including expanded service between New York and London, with a combined nine daily departures from John F. Kennedy International Airport and Newark Liberty International Airport.
Delta will acquire a 49 percent stake in Virgin Atlantic, which will include three seats on Virgin Atlantic’s board of directors.
A conference line is available in listen-only mode. A video webcast is available and participants will be able to submit questions during the news conference. The news conference will begin promptly at 11 a.m. Participants in the conference bridge should begin calling at 10:55 a.m.
U.S. callers: 1-866-730-5764
International callers: http://www.btconferencing.com/globalaccess/?bid=75_public
Participant Passcode: 56656117