Will Alaska Air-Virgin America Face Antitrust Issues?

Alaska Air and Virgin America, which together signed a merger agreement last month for a deal valued at $2.6 billion, have received a request to furnish more information about the proposed transaction from the US Department of Justice. The request is the “second request,” which is believed to be a part of DOJ’s standard review process and is likely to extend the period for completing the deal by 30 days. Hence, the two carriers continue be confident about completing the deal and are workin...