This form is a Merger Agreement. The form provides that if a cause of action should arise because of a dispute, the prevailing party will be entitled to recover reasonable attorneys' fees. The form must also be signed in the presence of a notary public.
Alaska Merger Agreement
Category:
State:
Multi-State
Control #:
US-00563
Format:
Word;
Rich Text
Instant download
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How to fill out Merger Agreement?
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FAQ
No, you can't combine American Airlines miles with Alaska Airlines miles. Miles are not transferrable between their frequent flyer programs. However, because American Airlines and Alaska Airlines are part of the "ONEWORLD" alliance, you can redeem your AAdvantage miles to book a flight on Alaska Airlines or vice versa.
Alaska Air Group, Inc. (NYSE: ALK), parent company of Alaska Airlines , and Virgin America, Inc. (NASDAQ: VA) today announced that their boards of directors have unanimously approved a definitive merger agreement, under which Alaska Air Group will acquire Virgin America for $57.00 per share in cash.
AAdvantage® status benefits on Alaska Airlines. Our partnership with Alaska Airlines gives AAdvantageA® status members access to even more benefits when flying with them. This includes the benefits you enjoy when flying on Alaska as a member of the oneworldA® alliance.
When Virgin America began operations in 2007, it was touch and go from the start as high operating costs forced the company to cut services to a few North American cities. But the financial market collapse of 2008 hit Virgin America hard, although it was luckier than other airlines that have since folded.
The airline's Airbus fleet was incompatible with Alaska's all-Boeing operation. The reason for Alaska's strong bid for Virgin America was, essentially, about limiting competition. With its home turf in Seattle under threat from Delta's growing encroachment, market share was becoming ever-more valuable for the airline.
American Airlines and Alaska Airlines plan to tighten their partnership through 2021. First, Alaska will join American's Oneworld alliance on March 31, 2021. But the airlines are tightening their partnership further by offering reciprocal elite benefits like complimentary elite upgrades.
Alaska Air Group, Inc. (NYSE: ALK), parent company of Alaska Airlines , and Virgin America, Inc. (NASDAQ: VA) today announced that their boards of directors have unanimously approved a definitive merger agreement, under which Alaska Air Group will acquire Virgin America for $57.00 per share in cash.
The Alaska Air Group acquired Virgin America in April 2016, at a cost of approximately $4 billion and continued to operate Virgin America under its own name and brand until the airline was fully merged into Alaska Airlines on April 24, 2018.
Acquired in 2016, the company was slowly merged into Alaska Airlines (the main airline in the Alaska Air Group along with regional airline Horizon Air) and was completed in 2018, with the Virgin brand being fully retired by June 2 2019.