November could be the last month Virgin releases its November operational results. Alaska hopes to close its acquisition of Virgin America by the end of Q4.
After a regulatory delay, the Justice Department has ruled that the proposed $4 billion merger of Alaska Air Group (NYSE: ALK) and Virgin America (NASDAQ: VA) can go through as planned, but only if Alaska agrees to curtail its existing partnership with American Airlines Group and instead "take the fight" to the larger carrier on key routes.
It's clear skies ahead for the latest tie-up in the airline industry, but with an important caveat. The Department of Justice has approved the merger of Alaska Air Group (NYSE: ALK) and Virgin America (NASDAQ: VA) -- as long as the former can "significantly reduce the scope" of its current codeshare agreement with peer American Airlines.
On Dec. 6, Alaska won antitrust approval to acquire Virgin America. An on-going lawsuit is the only barrier now remaining to close the deal.
An annual study out of the NYC Food Policy Center ranks airlines in order of the healthiness of their airline food.
Alaska Airlines is close to a settlement with the U.S. Department of Transportation, say sources close to the matter.
A proposal for American Airlines and Qantas Airways to expand their alliance has been denied by the U.S. Department of Transportation.
The airline industry might be on the brink of its latest high-profile merger. The planned tie-up of Alaska Air Group (NYSE: ALK) and Virgin America (NASDAQ: VA) is one step closer to becoming reality, according to a recent media article. Bloomberg, citing "people familiar with the matter," is reporting that Alaska Air is close to a settlement with the Department of Justice's antitrust division that would clear the path for the merger.
An outage with the Sabre reservation system caused flight delays on Friday.
AirlineRatings has announced its award winners for 2017, and two U.S. carriers claimed top honors in key categories for the second straight year. Virgin America (NASDAQ: VA) won for "Best Low Fare Carrier, Americas" while Delta Air Lines (NYSE: DAL) got the nod in the "Best Long Haul, Americas" category.