Alaska Airlines Buys Out Virgin America
Photos: David Paul Morris/GettyFor some Americans, Virgin Airlines may be best known for the eccentric behavior of its CEO, Richard Branson. However, what a lot of people don’t know is that Virgin America, the company’s U.S. branch, is a really, really good airline, with the Airline Quality Rating has ranking it as America’s best for four years straight.
All of this may soon change though, as it was announced earlier this week that Alaska Airlines bought out Virgin America for a smooth $4 billion. Alaska Airlines, which actually services destinations across North America and not just to Alaska, purchased the company after an intense but short-lived bidding war with JetBlue.
Alaska Airlines isn’t too shabby itself — the company was ranked fifth overall in the 2015 Airline Quality Rating — but it’s the style and flair of Virgin America that may get lost in the buyout. Between the mood lighting, strangely awesome in-flight safety videos or leather cabin seats, Virgin has a built a reputation on its luxury and hipness.