Virgin America is going away, here's when it will become Alaska Air
Virgin America
In December 2016, Alaska Airlines completed the acquisition of the boutique carrier for $2.6 billion.
However, it is believed the total value of the deal, including Virgin's debt and aircraft-leasing obligations, could reach $4 billion.
According to the memo, starting on April 25, all customers trying to book flights on Virgin America will be directed to Alaska Air's booking system. In addition, Virgin's all-Airbus fleet with be combined with Alaska's all-Boeing fleet in a single inventory of flights.
Alaska Airlines was not immediately available for comment.
Even though the San Francisco-based outpost of Sir Richard Branson's Virgin empire was only around for a decade, it achieved quite a bit in its time. Until Delta's recent renaissance, VA was consistently rated America's best airline.
Together, the newly merged Alaska/Virgin America is America's 5th largest airline behind American, Delta, United, and Southwest.
- Should you be worried about the potential side-effects of the Covishield vaccine?
- India T20 World Cup squad: KulCha back on menu, KL Rahul dropped
- Sales of homes priced over ₹4 crore rise 10% in Jan-Mar in top 7 cities: CBRE
- Gold prices fluctuate as geopolitical tensions ease; US Fed meeting, payroll data to affect prices this week
- Best beaches to visit in Goa in 2024
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market