Alaska Airlines to Purchase Virgin America in Billion-Dollar Deal

Alaska Airlines announced Monday that it would acquire Virgin America in a $4 billion deal that, if accepted by shareholders, would make it the fifth-largest airline in the U.S. As the consolidation trend continues in the airline industry, Alaska’s parent company, Alaska Air Group, is aiming to increase its footprint at airports across the country. Prior to the merger, Alaska Airlines primarily operated flights along the U.S. West Coast, but with the addition of Virgin’s routes, will have...

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