WASHINGTON (Reuters) -The U.S. Transportation Department said on Tuesday it had agreed to allow Alaska Airlines to close on its $1.9 billion acquisition of Hawaiian Airlines, after the carriers agreed to maintain key Hawaiian routes and adopt consumer protections. The Justice Department in ...
Alaska Airlines and Hawaiian Airlines have officially filed forantitrust clearance of their proposed merger, a $1.9 billion dealannounced on Dec. 3, 2023.According to a filing from Hawaiian, both carriers submittedPremerger Notification and Report Forms to the U.S. JusticeDepartment and the ...
Hawaii, which relies heavily on air travel for tourism and local connectivity, has depended on Hawaiian Airlines as its critical link both between the islands and the rest of the world. The proposed merger with Alaska Airlines, announced in December, continues to stir considerable attention and de...
AlaskaAir announced in December that it would pay $18 in cash for each share of Hawaiian. The deal includes $900 million in debt held by Hawaiian Airlines. The brands of both airlines would be preserved after the merger, which is rare in an industry whe...
As the clock ticks down on the Department of Justice (DOJ) review of the proposed merger between Alaska Airlines and Hawaiian Airlines, the two companies have agreed to extend the review period by an additional 24 hours. This extension pushes the deadline to 12:01 AM ET on August 16 (6:...
Alaska also outlined a three-year strategic plan that aims to deliver $1 billion in incremental profit following the closing of its merger with Hawaiian Airlines in September. The plan, dubbed Alaska Accelerate, is expected to drive double-digit margins of 11% to 13% and to boo...
After announcing merged intentions in December 2023, Alaska Airlines and Hawaiian Airlines have cleared the final stumbling block after being given the green light by the U.S. Department of Transportation (USDOT) to proceed with the merger.
The Alaska Airlines and Hawaiian Airlines combination offers a unique opportunity to pair complimentary cargo networks that can strengthen both brands globally and domestically, and leverage cargo even more strategically. Both airlines share a knowledge and app...
In December 2023, Alaska Airlines announced plans to buy Hawaiian Airlines in a $1.9 billion deal.[7] On August 19, 2024, the U.S. Department of Justice completed its regulatory review of the proposed merger and declined to file a lawsuit to block it.[8] The merger next requires the ...
Alaska-Hawaiian Merger Passes a Milestone Two near-centenarian airlines rooted in the 49th and 50th U.S. states are moving closer to combining into a single company, a deal they believe will provid... C Boynton - 《Aviation Week & Space Technology》...