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 says it will buy Hawaiian Airlines for $1 billion. That's raising questions about how antitrust regulators will view the deal.
“serial litigants,” Alaska Airlines seeks to dismiss their allegations as “boilerplate” and not grounded in factual evidence that their proposed merger would reduce competition or create any monopoly. The plaintiffs in the suit however, describe themselves very differently, as being passengers ...
The potential merger between Alaska Airlines and Hawaiian Airlines has been a hot topic in both Hawaii and the greater U.S. airline industry. Today’s developments only add to the complexity and concerns. The U.S. Justice Department (DOJ) just extended the review period for this merger until...
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...
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 ...
Alaska-Hawaiian merger clears DOT review, but with upfront terms to protect consumers CNBC's Phil LeBeau joins 'Power Lunch' to report on the DOT approving Alaska Airlines and Hawaiian Airlines planned merger. Tue, Sep 17 20242:39 PM EDTwatch...
Peter Ingram, Hawaiian Airlines President and CEO, also spoke about the billion-dollar merger. "Since 1929, Hawaiian Airlines has been an integral part of life in Hawai‘i, and together with Alaska Airlines we will be able to deliver more for our guests, employees and the communities th...
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.
to consummate the Transaction; that either party may terminate the merger agreement or that the closing of the Transaction might be delayed or not occur at all; possible disruption related to the Transaction to Alaska Air Group’s or Hawaiian Holding...