Last week I posted approximately how Virgin America's stock shot up following speculation that they were looking to be taken over. The US airline industry is turning record profits right now,so it seems like Virgin America probably thinks they're doing as well as they can, given that they're looking to sell.
While there was a lot of speculation, and at the time we didn't possess details of which airlines were possibly interested in taking over Virgin America. Now we possess more details. Via Bloomberg,it looks like Alaska and JetBlue are both interested in buying Virgin America:"Virgin America Inc. received takeover offers from JetBlue Airways Corp. and Alaska Air Group Inc. after the carrier backed by billionaire Richard Branson effect itself up for sale, according to people familiar with the matter.
Discussions between Virgin America and the two bidders are ongoing, and a deal could be announced as early as next week,the people said, asking not to be identified discussing private information. It is unclear if other suitors will emerge, and Virgin America may yet resolve to abandon sale negotiations in favor of remaining independent."The post Alaska: You’re Crazy For Wanting To Buy Virgin America! appeared first on One Mile at a Time.
Source: boardingarea.com