Singapore in talks to sell Virgin Atlantic stake

Singapore Airlines says it's in talks to sell its49 percent stake in Virgin Atlantic.

The airline said in a statement it's in discussions with"interested parties" about a sale.

A person with knowledge of the possible deal told TheAssociated Press that Atlanta-based Delta Air Lines Inc. is in talks withSingapore Airlines about buying the Virgin Atlantic stake. The person requestedanonymity because the talks are ongoing.

The remaining 51 percent of Virgin Atlantic is owned bybillionaire Richard Branson, who founded the airline in 1984.

Singapore Airlines said the talks may or may not result in adeal.

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