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A U.S. judge, Chief US District Judge Derrick Watson, has dismissed a consumer lawsuit aiming to block Alaska Airlines' proposed $1.9 billion acquisition of Hawaiian Airlines. The lawsuit, led by a group of airline passengers and travel agents, claimed the merger would reduce routes and increase prices. Despite the dismissal, the merger still faces regulatory scrutiny from the Department of Justice (DOJ). Alaska Airlines and Hawaiian Holdings have agreed to extend the review period of their proposed deal by a day, now set to conclude on August 16, 2024, to allow more time for discussions with U.S. antitrust enforcers.
Chief US District Judge Derrick Watson dismissed a lawsuit that sought to block Alaska Airlines’ plan to buy Hawaiian Airlines for $1.9 billion, a deal the consumer plaintiffs said would cut routes and raise prices. Subscribe to The Daily Docket: https://t.co/BA6OgOUxYl https://t.co/T9ga59Vb2Q
$HA (+5.1% pre) Hawaiian and Alaska agreed with the DOJ to further extend the Review Period until 12:01 a.m., Eastern Time, on August 16, 2024. - 8k https://t.co/owNyI3Z05k
$HA (+5.1% pre) Hawaiian and Alaska agreed with the DOJ to further extend the Review Period until 12:01 a.m., Eastern Time, on August 16, 2024. - SI https://t.co/owNyI3YsfM
