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Alaska Air said near accord to buy Virgin America

2016-04-03 04:57:38| Oil & Gas - Topix.net

Alaska Air Group Inc. is close to buying Virgin America Inc., the carrier backed by billionaire Richard Branson, in a deal that may be agreed to as early as Saturday night, according to people with knowledge of the matter. While negotiations are advanced, the deal could still fall apart and a last-minute bid from JetBlue Airways Corp. may be possible, said the people, who asked not to be identified because the details aren't public.

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UPDATE 1-Alaska Air nears deal to buy Virgin America for over $2 bln -source

2016-04-02 21:58:55| Airlines - Topix.net

Alaska Air Group Inc is nearing a deal to acquire Virgin America Inc for more than $2 billion, having outbid JetBlue Airways Corp, a person familiar with the matter said on Saturday. Earlier, The Wall Street Journal said Alaska Air had emerged as the likely winner of an auction for Virgin America, citing people familiar with the matter.

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Air New Zealand loses passion for Virgin

2016-03-30 08:16:02| Airlines - Topix.net

The fact that Air New Zealand boss Christopher Luxon has been unhappy with the progress of Virgin's profit turnaround is a bit of an open secret. It was only a week ago that Virgin Australia's four major shareholders threw $425 million into the hat - a loan to the airline to repair its balance sheet.

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Why an Alaska Airlines Bid for Virgin America Makes Sense

2016-03-30 04:09:34| Airlines - Topix.net

Alaska Airlines Group is one of two carriers said to be submitting bids to acquire Virgin America. Here's why the Seattle-based airline would benefit from acquiring the Virgin brand.

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US Virgin Islands, Massachusetts launch probes into Exxon

2016-03-29 22:41:43| Chemicals - Topix.net

Attorneys general from Massachusetts and the U.S. Virgin Islands have launched their own investigations into whether Exxon Mobil deceived the public about the effects of climate change. They appeared in New York Tuesday at a press conference announcing a new multi-state effort to combat global warming.

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