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The announcement boosted shares of Hawaiian by nearly 9% in premarket trade on Tuesday, while Alaska's shares were flat. "The time period for the U.S. Department of Justice to complete its ...
Alaska Airlines said on Monday its proposed merger with Hawaiian Airlines has cleared a regulatory obstacle with the U.S. Department of Justice, just days after it agreed to extend a review period ...
Alaska Airlines said its proposed merger with Hawaiian Airlines has been cleared just days after it agreed to extend a review period of the $1.9 billion deal.
The merger would provide Alaska, which is primarily a domestic carrier with narrowbody aircraft, with Hawaiian's widebody jets, pilots, and international networks. [15] [16] The deal, if approved by regulators, would retain both Alaska Airlines and Hawaiian Airlines as separate brands. The combined company would control approximately 40% of the ...
Alaska Air is one step closer to acquiring Hawaiian Airlines after the U.S. Department of Justice chose not to challenge the $1 billion deal that the carriers say will create a company better able to serve travelers. Alaska Air announced in December that it would pay $18 in cash for each share of Hawaiian. The deal includes $900 million in debt ...
The deal would retain both Alaska Airlines and Hawaiian Airlines as separate brands. [12] [13] On August 19, 2024, the U.S. Department of Justice completed its regulatory antitrust review of the proposed acquisition and declined file a lawsuit to block it. [14]
An airline merger is cleared for final approach. An airline merger is cleared for final approach. Skip to main content. Subscriptions; Animals. Business. Entertainment. Fitness. Food ...
Alaska Airlines closed its $1 billion purchase of Hawaiian Airlines on Wednesday, a day after the federal government removed the last major regulatory obstacle to the deal. Alaska will also assume ...