Alaska Air to buy Hawaiian Airlines for $1.9 billion

Alaska Air to buy airline at $1.9B

SEATTLE — Alaska Air Group has agreed to buy Hawaiian Airlines in a $1.9 billion deal including debt. The airlines announced the agreement Sunday. Alaska will pay $18 in cash for each share of Hawaiian, whose stock closed Friday at…

Experts: Alaska buyout of Hawaiian Air was best possible outcome but questions remain

Many see it as a chance to preserve the brand — and service.

Alaska Airlines is buying Hawaiian Airlines. Will the Biden administration let the merger fly?

By DAVID KOENIG AP Airlines Writer Alaska Airlines says it will buy Hawaiian Airlines for $1 billion. That’s raising questions about how antitrust regulators will view the deal, and whether past airline mergers have hurt consumers. The Alaska-Hawaiian deal would be much smaller than a series of mergers that reshaped the airline industry in recent years. But the Biden administration is already challenging another smallish deal — JetBlue’s propose…

Alaska Airlines to buy Hawaiian Airlines for $1.9B

An Airbus A330 jet operated by Hawaiian Airlines (Courtesy Hawaiian Airlines) Alaska Airlines is buying Hawaiian Airlines for $1.9 billion. The companies announced the proposed merger Sunday at a press conference in Honolulu. The combined organization will be based in Seattle under the leadership of Alaska Airlines CEO Ben Minicucci. “As the two airlines rooted in the 49th and 50th state, both of which are uniquely reliant upon air travel, Alask…

Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny

SEATTLE (AP) — Alaska Airlines agreed to buy Hawaiian Airlines in a $1.9 billion deal announced Sunday, potentially putting it on track for a clash with a Biden administration wary of higher airfares. The combined company would maintain both airlines' brands, an unusual move in an industry where waves of acquisitions have led to four big brands dominating the U.S. market. On Sunday, the companies said Alaska will pay $18 in cash for each share o…

Alaska Airlines is buying Hawaiian Airlines. Will the Biden administration let the merger fly?

Another proposed airline buyout is renewing debate over whether there has been too much consolidation in the industry — and whether consumers are paying the price.The Biden administration has taken a tough stance against mergers, and it is certain to take a close look at Alaska Air Group's proposed acquisition of Hawaiian Airlines for $1 billion in cash.The deal is smaller than the mergers that reshaped the airline industry more than a decade ag…