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32px);padding:1.25em 16px 1.25em;position:relative}.amp-wp-footer h2{font-size:1em;line-height:1.375em;margin:0 0 .5em}.amp-wp-footer p{color:#696969;font-size:.8em;line-height:1.5em;margin:0 85px 0 0}.amp-wp-footer a{text-decoration:none}.back-to-top{bottom:1.275em;font-size:.8em;font-weight:600;line-height:2em;position:absolute;right:16px}.amp-wp-9f55261:not(#_#_#_#_#_){background-color:#0866ff}.amp-wp-0288613:not(#_#_#_#_#_){background-color:#1a1a1a}.amp-wp-1b3bec2:not(#_#_#_#_#_){background-color:#007bb5}.amp-wp-ce7eb4c:not(#_#_#_#_#_){background-color:#888990} /*# sourceURL=amp-custom.css */Alaska Airlines Gets US Approval To Buy Virgin America - Radio Kenai
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Alaska Airlines Gets US Approval To Buy Virgin America

Associated Press

Alaska Airlines has won government approval to buy rival Virgin America after agreeing to reduce its flight-selling partnership with American Airlines.

 

Parent company Alaska Air Group Inc. said Tuesday that it expects to close the $2.6 billion deal soon.

 

The Justice Department filed a lawsuit and settlement agreement in federal district court in Washington. Seattle-based Alaska agreed to scale back a deal in which it and American sell seats on some of each other’s flights and split the revenue.

 

Alaska is the nation’s sixth-biggest airline, and California-based Virgin is eighth. Together, they will become the fifth-biggest.

 

The airlines still face a private lawsuit to block the deal. Alaska and Virgin executives have expressed confidence they can resolve that lawsuit, which is pending in federal district court in San Francisco.

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