Alaska Airlines

Alaska Air Group to merge with Virgin America in $4bln deal

Alaska Airlines parent company Alaska Air Group said on April 4 it was acquiring Virgin America in a friendly takeover worth around $4 billion including debt to create the U.S.'s fifth-largest airline.

A definitive merger agreement had been unanimously approved by the boards of both companies, it said in a statement.

Bulgaria's National Carrier Gets Maximum Number of Safety Stars

Bulgaria's national flag-carrying airline Bulgaria Air has been awarded a maximum safety rating by an annual analysis òf Airlineratings.com, a safety ratings site.

The ranking includes 407 international airlines on seven points ranging from international certifications to in-air navigation systems and fatality-free records.

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