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What does Delta’s acquisition of 49% of Virgin Atlantic mean for you?

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As you will presumably have read elsewhere by the time you see this, Delta has agreed to acquire the 49% stake in Virgin Atlantic owned by Singapore Airlines.

The price of £244m means that Singapore has taken a hit on its original £600m investment.

What is more interesting is what is NOT happening:

  • The rumoured acquisition by Air France / KLM of Richard Branson’s 51% shareholding is not happening.  This means that Delta remains a minority partner.
  • The Virgin and Delta frequent flyer schemes are NOT merging
  • Virgin is NOT joining the SkyTeam alliance at the moment

What IS happening is:

  • Virgin and Delta will form a joint venture for their transatlantic routes, sharing revenues and changing timings and fares to effectively operate as one airline.  This will mirror the American Airlines / BA transatlantic venture.  Virgin and Delta will offer 31 daily flight to/from North America between them.
  • Virgin and Delta’s frequent flyer schemes will have a reciprocal relationship.  Virgin status will be valid on Delta and vice versa.  Delta flyers can redeem on Virgin flights and vice versa.  However, Virgin Flying Club members will NOT get access to full SkyTeam availability.

As I wrote in this post, I wanted Virgin to join Star Alliance.  That is now out of the question, and the best you can hope for is that they join the ‘alliance of losers’ – SkyTeam.

This will give you the chance to redeem on some of the worst national carriers in the sky – when the best airline for redemption (combining availability and service) in your alliance is Korean Air, you know you’re in trouble ….

Here is the current Virgin route map, so you can see what Delta is getting (or, given it is buying 49%, not getting) for its money:

Virgin Atlantic route map

Just think ‘what could have been’ if Virgin had bought bmi and come into Star Alliance.  In 10 years people will look back at that as THE great missed opportunity in recent British aviation history.

There may be one good thing to come out of this.  Delta has historically been happy to hand out miles like sweets.  There may be promotions where you can buy a pile of Delta miles cheaply and redeem for Virgin flights.  They may not even add a fuel surcharge.  If there is, you will read about it here!


How to earn Virgin Points from UK credit cards

How to earn Virgin Points from UK credit cards (September 2022)

As a reminder, there are various ways of earning Virgin Points from UK credit cards.  Many cards also have generous sign-up bonuses.

You can choose from two official Virgin Atlantic credit cards (apply here, the Reward+ card has a bonus of 15,000 Virgin Points):

Virgin Atlantic Reward+ Mastercard

15,000 points bonus and 1.5 points for every £1 you spend Read our full review

Virgin Atlantic Reward Mastercard

A generous earning rate for a free card at 0.75 points per £1 Read our full review

You can also earn Virgin Points from various American Express cards – and these have sign-up bonuses too.

American Express Preferred Rewards Gold is FREE for a year and comes with 20,000 Membership Rewards points, which convert into 20,000 Virgin Points.

American Express Preferred Rewards Gold

Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review

The Platinum Card from American Express comes with 30,000 Membership Rewards points, which convert into 30,000 Virgin Points.

EDIT: Until 25th October 2022, there is an exceptionally generous sign-up bonus on The Platinum Card. You will receive 60,000 Membership Rewards points – double the usual amount – and £200 to spend at Amex Travel. You need to spend £6,000 within six months to earn the bonus.

The Platinum Card from American Express

60,000 points, £200 travel credit and an unbeatable set of travel benefits – for a fee Read our full review

Small business owners should consider the two American Express Business cards. Points convert at 1:1 into Virgin Points.

American Express Business Platinum

40,000 points sign-up bonus and a long list of travel benefits Read our full review

American Express Business Gold

20,000 points sign-up bonus and free for a year Read our full review

Click here to read our detailed summary of all UK credit cards which earn Virgin Points

(Want to earn more Virgin Points?  Click here to see our recent articles on Virgin Atlantic and Flying Club and click here for our home page with the latest news on earning and spending other airline and hotel points.)

Comments (1)

This article is closed to new comments. Feel free to ask your question in the HfP forums.

  • martindeutsch says:

    Don’t forget the small number of soon-to-launch VS domestic routes – these are presumably a plus for Delta flyers heading to the regions.
    (Just trying to see the bright side here)

This article is closed to new comments. Feel free to ask your question in the HfP forums.

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