Virgin America Inc (NASDAQ: VA) and
Alaskan Airlines (Alaska Air Group, Inc. (NYSE: ALK)) have officially teamed up to create the "Premier Airline for West Coast
travelers."
Virgin America shareholders announced Tuesday that they have approved the merger after a vote to approve the merger agreement
with Alaskan Airlines. Initially announced on April 4, 2016, the deal has now been approved by Virgin America shareholders and is
expected to be completed in Q4 of 2016.
Related Link: Alaska Air Q2 Adjusted EPS Rises 20.5%
Alaska Air Group, the parent company of Alaskan Airlines will have a Virgin America subsidiary, and has already named CFO Peter
Hunt as the president of its Virgin America segment.
The airlines will aim to obtain a single operating certificate from the FAA, expected in 2018.
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