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Sunday, December 26, 2010

Tony Fernandes may buy Virgin Atlantic - report

The Economic Times, 26 Dec 2010LONDON: The chief executive of Malaysia's AirAsia is considering a possible takeover bid for British airline Virgin Atlantic, the Sunday Times newspaper reported.Tony Fernandes, who runs Asia's largest budget carrier by fleet size, has renewed his interest in the UK airline after previously considering and deciding against a bid, the newspaper said in an unsourced