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Alaska Airlines and Hawaiian Airlines are progressing with their $1.9 billion merger after the U.S. Department of Justice (DOJ) decided not to challenge the deal on antitrust grounds. This decision marks a significant milestone for the merger, which now awaits approval from the Department of Transportation (DOT) to proceed. The merger is expected to enhance both airlines' access to more mainland U.S. destinations. Following the DOJ's clearance, Hawaiian Holdings' stock experienced a notable increase.
The $1.9 billion deal must still pass muster with the Department of Transportation. If approved, it will be the largest consolidation of U.S. airlines since 2016. https://t.co/ivAwPBGqHr
What the Alaska-Hawaiian Airlines merger will mean for the existing traveler miles and loyalty programs: https://t.co/rcKkrgExVJ
Alaska Airlines and Hawaiian Airlines have cleared an important regulatory hurdle for their plan to combine operations, according to Alaska Airlines. The proposed merger is expected to improve both states’ access to more mainland U.S. destinations. https://t.co/rVV93nadYQ
