JetBlue loses out as Alaska Air agrees to buy Virgin America for US$2.6bn
Virgin America has accepted an offer of US$2.6bn (US$57/share) from rival airline, Alaska Air, a figure which, including Virgin America’s debt and aircraft lease obligations, values the transaction at approximately USD$4bn. Virgin America began operating in August 2007 and which was set up by Sir Richard Branson in a similar vein to Virgin Atlantic, a […]
JetBlue loses out as Alaska Air agrees to buy Virgin America for US$2.6bn Read More »