Alaska Air Group and Virgin America have announced that their boards of directors have unanimously approved a definitive merger agreement, under which Alaska Air Group will acquire Virgin America.
The aggregate transaction value is approximately $4.0 billion. With an expanded West Coast presence, a larger customer base, and an enhanced platform for growth, Alaska Airlines says they will be positioned to provide more choices for customers, increase competition and deliver attractive returns to investors. Last month Aero-News reported that Flight Design of Germany was under financial duress. At that time, we also reported that Flight Design USA was waiting to get their first shipments of CTs produced by AeroJones Aviation. Now, the first Flight Design CTLS and CTLSi customer aircraft from AeroJones have been shipped to the Flight Design distributor, Airtime Aviation, located in Tulsa Oklahoma. If you’re looking for a high performance airplane, RDD Enterprises provides an option by upgrade an existing airframe. RDD has announced that it’s taking production reservations for its new LX7 Lancair-4-P conversion. The company says the LX7 represents an exponential improvement on the
Lancair-4-P in performance, safety, range and comfort. All this -- and MORE in today's episode of Airborne!!!
Airborne 04.06.16 is chock full of info in this Daily News Episode, Wednesday, April 6th, 2016... Presented by Aero-TV veteran videographer and Airborne Hosts Brianne Cross and Christopher Odom, and supported by ANN CEO/Editor-In-Chief Jim Campbell, Chief Videographer Nathan Cremisino, and Aero-Journalists Tom Patton, and Earl Downs, this episode covers:
- Alaska Air Group To Acquire Virgin America
- AeroJones Aviation Begins Shipments To Flight Design USA
- RDD Enterprises Offers Lancair IV-P Conversion Package
- A5 Delivery Position #23 Being Shopped On eBay
- SFIP16 Published.... Here’s how you can see it!
- FAA Addresses Boeing 787 Airspeed Safety
- Pilatus Sales Revenue Trend Continues To Be Solid
- Soloy Aviation Acquires STC For A36 Bonanza Turbine Conversion
- New Managing Director for Becker Avionics
Get Comprehensive, Real-Time, 24/7 coverage of the latest aviation and aerospace stories anytime, at aero-news.net. And be sure to join us again next week for the next edition of "Airborne Unlimited" here on Aero-TV. Thanks for watching. See you, again, tomorrow!
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