Virgin Atlantic to Acquire British Midland?
The Scotsman reports that VAA might be interested in merging with British Midland. "A merger between Virgin Atlantic Airways, founded by UK billionaire Richard Branson, and British Midland Airways would ’make a lot of sense’, according to Virgin chief executive Steve Ridgeway." If I understand this correctly, a merger now would take out a potential competitor, as British Midland is bidding on long-haul routes out of Heathrow (which Virgin Atlantic already operates, of course).