Virgin America Approve Merger Deal With Alaska Air Group

Virgin America Inc.

indicated Tuesday that the merger deal with Alaska Air Group, Inc.

, Alaska Airlines, Inc's parent firm, was approved by a majority of the shareholders through an affirmative vote. Virgin America said that a report reflecting the complete voting results would be made available on a Current Report on Form 8-K, which would be filed later this week with the SEC. On April 4, both the companies revealed that they struck a deal to merge to create the premier airline for West Coast travelers. The two airlines expect that they would get regulatory approvals and complete the transaction in the fourth quarter of the current year. While VA advanced 0.02 percent, ALK traded higher by 0.83 percent on Tuesday.