SIA: Richard Branson is considering a sale of his 51.0% stake in Virgin Atlantic, as well as options for the airline's 288 takeoff and landing slots at Heathrow are 3% of the total. A buyer wld be able to use the slots to add lucrative flights to US and Asian business mkts…
Heathrow slots are so valuable that Continental Airlines paid US$209m for four pairs 3 yrs ago. SIA owns a 49.0% stake which it acquired in 1994. SIA's spokesman commented "no decision has been made about an immediate divestment of our stake".
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