This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

It’s not just Starwood and Marriott/Anbang making big acquisition news this week — Virgin America is also on the market, and according to a Bloomberg story posted today, two major US carriers (Alaska Airlines and JetBlue) have both expressed serious interest in acquiring the carrier. Bloomberg cites “people familiar with the matter,” which often indicates “off the record” confirmation from top executives. In other words, this is a very reliable report, and we could receive official confirmation as soon as next week.

Of course, all three airlines declined to comment, as is prudent when it comes to unconfirmed statements about publicly traded companies. It’s a bit too early to say what either acquisition would mean for Virgin America and its Elevate program (which just announced a status match/challenge, by the way), and it’s quite possible that another carrier could make a bid for Virgin, too. Any way you look at it, fewer airlines means less competition — which may (or may not) translate into higher fares for consumers.

Which airline do you want to acquire Virgin?

Chase Sapphire Preferred Card

With great transfer partners like United and Hyatt, 2x points on travel & dining and a 50,000 point sign up bonus, the Chase Sapphire Preferred is a great card for those looking to get into the points and miles game.

Apply Now
More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR on Purchases
Regular APR
16.49% - 23.49% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
Balance Transfer Fee
Recommended Credit
Excellent Credit

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.