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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/virgin-atlantic-fuels-merger-talk.jpg"><img class="alignnone size-full" title="Virgin Atlantic has fuelled speculation it could pursue a merger or tie-up" src="http://londonglossy.com/wp-content/uploads/2010/12/min-virgin-atlantic-fuels-merger-talk.jpg" alt="Virgin Atlantic has fuelled speculation it could pursue a merger or tie-up"/></a></p>
<p>Virgin Atlantic has fuelled speculation it could pursue a merger or tie-up after it said it had received &#8220;a number of lines of inquiry&#8221;.</p>
<p>The airline, which made a loss last year, said it has been contacted by other companies since it appointed Deutsche Bank at the beginning of November to assess the aviation industry and seek growth opportunities.</p>
<p>Virgin Atlantic said in a statement: &#8220;Following Deutsche Bank&#8217;s recent appointment, we have received a number of lines of inquiry but it is far too early to comment on individual details. We expect Deutsche Bank&#8217;s work to run on for a number of months but have nothing further to add at this stage.&#8221;</p>
<p>The company refused to comment on media reports that American airline Delta is interested in a merger and may have hired investment bank Goldman Sachs to advise it.</p>
<p>It is understood that if the two airlines formed an alliance, Virgin Atlantic would benefit from access to the SkyTeam alliance of 13 airlines from around the world.</p>
<p>Delta would benefit from gaining access to Virgin&#8217;s landing slots at Heathrow.</p>
<p>Virgin Atlantic is not thought to have hired Deutsche Bank in direct response to its rival British Airways signing an agreement with American Airlines and Spanish airline Iberia.</p>
<p>The airline, which is 51% owned by Sir Richard Branson&#8217;s Virgin Group and 49% owned by Singapore Airlines, vigorously opposed the move claiming it would make the trans-Atlantic market less competitive.</p>
<p>BA last month completed a merger with Iberia as it looks to save costs in the increasingly competitive industry.</p>
<p>Virgin Atlantic made an operating loss of £132 million in the year to March 2010 on sales of £2.4 billion, which it described as one of the toughest years in its history.</p>
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