Why the JetBlue-Spirit antitrust ruling doesn't spell doom for an Alaska-Hawaiian merger
Publishing timestamp: 2024-01-19 11:52:47
Summary
The article discusses how President Joe Biden's Justice Department has halted two airline partnerships and raises questions about whether Alaska Airlines' proposed merger with Hawaiian Airlines will face a similar fate. The article explores the potential pitfalls and offers insights from analysts and legal experts. It also mentions the recent ruling that blocked JetBlue Airways' attempted takeover of Spirit Airlines and the potential impact on Alaska Airlines' deal. The article concludes by discussing the differences between the two deals and the possibility of the Justice Department challenging the Alaska-Hawaiian merger.
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Tickers: ALK, JBLU, HA, AAL, LUV, SAVE,
Keywords: life, transportation, politics, jetblue airways corp, airlines, aerospace and defense industry, breaking news: business, hawaiian holdings inc, business news, american airlines group inc, spirit airlines inc, travel, business, alaska air group inc, ben minicucci, breaking news: politics, united states, southwest airlines co, joe biden,
Source: https://www.cnbc.com/2024/01/19/jetblue-spirit-ruling-alaska-hawaiian-merger.html