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Alaska Airlines Parent to Buy Virgin America for $2.6 Billion in Cash

April 3, 2016 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

The deal would unite two domestic carriers that are among the 10 largest in the United States, but that operate in a tier below the industry giants, American Airlines, Delta Air Lines and United Airlines. It would also expand Alaska Airlines’ presence in the lucrative California market, particularly in San Francisco and in Los Angeles, one of Alaska Airlines’ hubs.

By CHAD BRAY

Full Story: http://www.nytimes.com/2016/04/05/business/dealbook/alaska-airlines-parent-to-buy-virgin-america-for-2-6-billion-in-cash.html?hpw&rref=business&action=click&pgtype=Homepage&module=well-region&region=bottom-well&WT.nav=bottom-well&_r=0