Merger clearance from the EU Commission and U.S Department of Justice has cleared the way for Delta Air Lines to buy from Singapore Airlines a 49 per cent stake in Virgin Atlantic Airways. Virgin Atlantic Airways and Delta have also detailed a codeshare agreement across 108 routes.

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Aegean Airlines is attempting once more to take over Greek rival Olympic Air, although the European Commission blocked a previously planned merger between them in January 2011. Marfin Investment Group has agreed to sell all the shares of Olympic Air to Aegean Airlines for €72 million.

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The European Commission has decided to prohibit the proposed merger of Greek carriers Olympic Air and Aegean Airlines, following a monopolies investigation which lasted 10 months.

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Delta Air Lines has applied to the European Commission and the U.S. Department of Transportation for permission to operate twice-daily, year-round service between London Heathrow Airport and Boston, and daily year-round service between Heathrow and Miami.

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The European Commission noted its investigation found the proposed transaction would not raise any specific concerns in Europe or in the transalantic market.

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The United States and the European Union have provisionally agreed to expand their 2007 Open Skies air services agreement to allow for greater U.S.-EU cooperation on a wide range of aviation issues, in a deal the European Commission says could put 26 million more passengers on transatlantic flights over a period of five years.

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