Alaska closes $1.9 billion acquisition of Hawaiian Airlines after DOT blessing
Publishing timestamp: 2024-09-17 18:30:20
Summary
Alaska Airlines and Hawaiian Airlines closed their planned merger after receiving approval from the U.S. Department of Transportation. The merger is subject to conditions such as maintaining the value of their reward systems and preserving key routes for six years. The airlines must also ensure that miles earned in their loyalty programs will not expire and maintain current levels of service.
Sentiment: NEUTRAL
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Source: https://www.cnbc.com/2024/09/17/alaska-airlines-hawaiian-airlines-merger-review.html