Alaska Air Group reported that the time for the U.S. Department of Justice to review its $1.9 billion purchase of Hawaiian Airlines parent Hawaiian Holdings expired, moving the deal closer to completion.
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Alaska Airlines announced Monday that its merger with Hawaiian Airlines cleared a major hurdle after the DOJ's time period to complete its investigation expired.
Alaska Air Group reported that the time for the U.S. Department of Justice to review its $1.9 billion purchase of Hawaiian Airlines parent Hawaiian Holdings expired, moving the deal closer to completion.
Hawaiian Airlines and Alaska Air Group attempting to merge. Though JetBlue and Spirit's deal fell through, these carriers may have a chance and it could benefit travelers.
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.
Alaska Airlines said its proposed merger with Hawaiian Airlines has been cleared just days after it agreed to extend a review period of the $1.9 billion deal.
A proposed $1.9 billion merger between competitors Alaska Airlines and Hawaiian Airlines just cleared its most significant regulatory hurdle after federal antitrust enforcers ended their review period without blocking the deal.
Alaska Air is one step closer to acquiring Hawaiian Airlines after the U.S. Department of Justice chose not to challenge the $1.9 billion deal that the carriers say will create a company better able to serve travelers.
A proposed $1.9 billion merger between competitors Alaska Airlines and Hawaiian Airlines cleared its most significant regulatory hurdle Monday after federal antitrust enforcers ended their review period without blocking the deal.
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Alaska Air Merger With Hawaiian Clears DOJ Hurdle | Since Then
