Approval Expected Soon For Alaska/Virgin America Deal | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.13.24

Airborne-NextGen-05.14.24

Airborne-Unlimited-05.15.24 Airborne-AffordableFlyers-05.16.24

Airborne-Unlimited-05.17.24

Wed, Nov 23, 2016

Approval Expected Soon For Alaska/Virgin America Deal

Department Of Justice Review Should Be Completed By Month's End

An antitrust review of the proposed acquisition of Virgin America by Alaska Airlines should be completed fairly soon, according Alaska Airlines.

Reuters reports that a spokeswoman for Alaska Airlines said in a statement that the carrier's executives expect that the "Department of Justice review will likely be completed by the end of November."

Alaska has proposed a $2.6 billion acquisition of Virgin America. The DoJ is looking into the possible impacts of the merger on competition. Part of the deal may be a requirement that Alaska cancel one or more code-sharing agreements it has with larger domestic carriers.

If it is approved, the merger would make Alaska Air the largest carrier on the U.S. West Coast, according to the report, and make it more competitive with larger airlines.

The Justice Department has not commented on pace of the negotiations.

(Image from file)

FMI: www.justice.gov

Advertisement

More News

Bolen Gives Congress a Rare Thumbs-Up

Aviation Governance Secured...At Least For a While The National Business Aviation Association similarly applauded the passage of the FAA's recent reauthorization, contentedly recou>[...]

The SportPlane Resource Guide RETURNS!!!!

Emphasis On Growing The Future of Aviation Through Concentration on 'AFFORDABLE FLYERS' It's been a number of years since the Latest Edition of Jim Campbell's HUGE SportPlane Resou>[...]

Buying Sprees Continue: Textron eAviation Takes On Amazilia Aerospace

Amazilia Aerospace GmbH, Develops Digital Flight Control, Flight Guidance And Vehicle Management Systems Textron eAviation has acquired substantially all the assets of Amazilia Aer>[...]

Hawker 4000 Bizjets Gain Nav System, Data Link STC

Honeywell's Primus Brings New Tools and Niceties for Hawker Operators Hawker 4000 business jet operators have a new installation on the table, now that the FAA has granted an STC f>[...]

Echodyne Gets BVLOS Waiver for AiRanger Aircraft

Company Celebrates Niche-but-Important Advancement in Industry Standards Echodyne has announced full integration of its proprietary 'EchoFlight' radar into the e American Aerospace>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC