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 ...

Subscribe to Access this Entire Article

"Alaska closes Virgin America buy to create 5th largest US airline" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.