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Alaska Airlines is poised to buy Virgin America for US$2b: source

Acquiring Virgin would give Alaska - which despite its name and origins has been based in Seattle for decades - an opportunity to expand into the lucrative California market.

New York

VIRGIN America, founded on the premise of being a cool airline shuttling people from New York to California in style, is near a deal to sell itself to a competitor originally created to ferry people 330 miles across Alaska.

Alaska Airlines is poised to buy Virgin for about

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