Alaska
Alaska and Hawaiian Airlines merger moves one step closer to reality
FAIRBANKS, Alaska (KTVF) – Alaska Airlines announced on August 19, that they had passed a major milestone in their actions to acquire Hawaiian Airlines.
Alaska Airlines’ plan has cleared the U.S. Justice Department following the closure of a period for antitrust regulators to investigate the merger deal. That is the official situation, as there have been no moves to block the merger with a lawsuit.
The airlines must now get approval from the U.S. Transportation Department before the $1.9 billion deal can continue.
“These include plans to maintain the Hawaiian Airlines brand and local jobs and continue providing strong service between, to, and from the Islands,” said Josh Green, the governor of Hawaii, in a press release from Alaska Airlines.
“Hawaiian’s shares surged more than 11% on Tuesday after Alaska’s announcement,” according to CNBC.
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