Seattle-based Alaska Air Group has closed its $4 billion acquisition of San Francisco-based Virgin America, creating the fifth largest airline in the US. Alaska Air Group subsidiary Alaska Airlines and Virgin America will seek to secure a single operating certificate from FAA by early 2018. Regional subsidiary Horizon Air will retain its own operating certificate. Alaska reached an agreement April 4 to buy Virgin America for $2.6 billion and additionally take on $1.4 billion in debt and ...

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