×
The Standard e-Paper
Smart Minds Choose Us
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
USA: Alaska Air Group Inc (ALK.N) said on Monday that it would buy Virgin America Inc (VA.O) for $2.6 billion to compete more effectively with larger airlines and become the top carrier on the U.S. West Coast.
The deal appears to end what Alaska Air Chief Executive Officer Brad Tilden called a "hard-fought competition" to purchase Virgin America. JetBlue Airways Corp (JBLU.O) had also made an offer.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join