Alaska Airlines has agreed to settle a lawsuit brought by private plaintiffs opposing the planned merger of Alaska and Virgin America.
Terms of the settlement are confidential, the airline said. The lawsuit was a barrier to the merger, which won antitrust approval on Tuesday, under some conditions.
The airline has issued the following statement:
“We are pleased to confirm that we have agreed to settle the lawsuit filed by private plaintiffs in U.S. District Court in San Francisco. Terms of the settlement are confidential. We look forward to closing the transaction in the very near future.”