By reducing the scope of American's codeshare with Alaska, the DOJ is attempting to preserve Virgin America's competitive approach after Alaska and Virgin merge.
Alaska will be required to reduce the scope of its codeshare agreement with American Airlines,
The airline industry's biggest trade group forecasts the busiest air travel period in history over the Thanksgiving holiday. Does that make it a buying opportunity for airline stocks?
Virgin will reportedly have to give up some gates at San Francisco and Los Angeles airports, among other considerations, before Alaska Air can buy it.