Virgin Atlantic "in talks" with El Al

Sir Richard Branson’s Virgin Atlantic is reported to be in talks with El Al about a possible deal between the two airlines.

A number of options were under consideration and a takeover or substantial investment in El Al by Virgin Atlantic had not been ruled out, a source told Globes Online

But Shoma Amin, a spokeswoman for Virgin Atlantic was quick to deny rumours.She said: "We explore many opportunities but can confirm we will not be taking over or investing in El Al."

It is thought to be more likely that the talks will develop into a codesharing agreement between the two airlines, where they will share passenger capacity on certain routes.