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Articles tagged “virgin america”

Alaska Airlines Settles a Lawsuit Over Its Virgin America Merger

Alaska Airlines Settles a Lawsuit Over Its Virgin America Merger

Brian Sumers, Skift

It's not likely Alaska Airlines would have lost in court, but this case was still a nuisance, so it makes sense that the company resolved it. Now, Alaska can finally focus on absorbing Virgin America.

2 days ago

DOJ Clears Alaska’s Acquisition of Virgin America

DOJ Clears Alaska’s Acquisition of Virgin America

Brian Sumers, Skift

The Department of Justice has an odd relationship with airlines. It seems to enjoy grabbing headlines about how it's doing its job to protect industry competition. But when it comes time to actually getting airlines to make real concessions, it falls short.

4 days ago

Sources: Alaska Air’s Deal for Virgin America Should Close Very Soon

Sources: Alaska Air’s Deal for Virgin America Should Close Very Soon

Diane Bartz, David Shepardson and Jeffrey Dastin, Reuters

It's not a big surprise that regulators are signing off on this deal. What will be interesting, however, is to see how many concessions Alaska had to make in order to get it done. How big will the combined airline now be in Los Angeles and San Francisco?

4 days ago

Alaska Air Nearing Deal With Regulators to Seal Virgin America Buy

Alaska Air Nearing Deal With Regulators to Seal Virgin America Buy

David McLaughlin and Mary Schlagenstein, Bloomberg

The Alaska Airlines-Virgin America merger is going to happen. The question is what did regulators force the airlines to give up.

3 weeks ago

Virgin America Gives Few Details About Merger Status in Latest Disclosures

Virgin America Gives Few Details About Merger Status in Latest Disclosures

Brian Sumers, Skift

If Virgin America was not expected to merge with Alaska Airlines, analysts likely would fret about Virgin America's falling unit revenue. But since Virgin America is now in limbo, waiting to see if it can close its merger, it's not clear how much the unit revenue decrease matters.

1 month ago

Proposed Alaska Air-Virgin America Merger Hits Minor Snag in San Francisco Federal Court

Proposed Alaska Air-Virgin America Merger Hits Minor Snag in San Francisco Federal Court

Mary Schlangenstein and David McLaughlin, Skift

The important stuff is happening in Washington, D.C. where the Department of Justice is considering whether it will seek to block the Alaska Airlines/Virgin America merger. This is more of a minor hiccup, but it's undoubtedly annoying for the two airlines.

2 months ago

Alaska Air CEO: The Deal for Virgin America is Still on Despite Delay

Alaska Air CEO: The Deal for Virgin America is Still on Despite Delay

Brian Sumers , Skift

There's been some drama related to Alaska's proposed acquisition of Virgin America, but many industry insiders still expect the deal to get done. And Alaska executives remain publicly confident that they will get their prize. The big question is when.

2 months ago

Source: Alaska and Virgin America may Delay Merger Close

Source: Alaska and Virgin America may Delay Merger Close

Sara Forden and David McLaughlin , Bloomberg

Given that the government has approved three major airline mergers since 2008, most industry insiders expect it will eventually approve this one. But with this Department of Justice, you never know.

3 months ago

Alaska Air and Virgin America Merger Approaching Antitrust Deadline

Alaska Air and Virgin America Merger Approaching Antitrust Deadline

David McLaughlin and Mary Schlagenstein, Bloomberg

Quite the situation if the three mega mergers before this (American-US Air, United-Continental, and Delta-Northwest) would lead antitrust officials to block a much smaller deal.

3 months ago

Alaska Air Still Holding Off Big Decisions About Virgin America’s Future

Alaska Air Still Holding Off Big Decisions About Virgin America’s Future

Brian Sumers, Skift

There's almost no chance that Alaska Airlines will keep Virgin America around as an airline for any longer than necessary. But some smaller elements of the Virgin America brand could remain over time.

3 months ago

A Weakened Virgin America’s Profits Decline as Alaska Prepares to Close Merger

A Weakened Virgin America’s Profits Decline as Alaska Prepares to Close Merger

Brian Sumers , Skift

Yes, Alaska paid a fortune for Virgin America. But that doesn't mean it is a bad deal. Alaska believes it needs Virgin America's assets to compete and grow.

4 months ago

Alaska Airlines Still Plays It Coy About Fate of Virgin America Brand

Alaska Airlines Still Plays It Coy About Fate of Virgin America Brand

Brian Sumers, Skift

Alaska Airlines continues to play it coy when asked about its plans for the Virgin America brand. But it seems likely Alaska will retire most, if not all, aspects of the upstart's brand.

5 months ago