Alaska Air to buy Virgin America for $2.6 billion




 
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Alaska Air to buy Virgin America for .6 billion
 
April 4th, 2016  
News Manager
 

Topic: Alaska Air to buy Virgin America for $2.6 billion


Alaska Air to buy Virgin America for .6 billion
Alaska Air Group Inc said on Monday it had agreed to buy Virgin America Inc for $2.6 billion to expand its flights on the U.S. West Coast. Alaska Air said in a news release that the merged airline will become the fifth largest in the United States and will help it compete against larger rivals for lucrative business and international travelers visiting San Francisco and Los Angeles as well as Seattle, where the company is based. The acquisition will herald the first U.S. commercial airline merger since US Airways and American Airlines combined in 2013 to form the world's largest carrier.




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