Alaska Air Announces $1.9 Billion Acquisition of Hawaiian Airlines: Potential Regulatory Scrutiny Expected
SEATTLE (AP) — In a $1.9 billion agreement, including debt, Alaska Airlines announced on Sunday its plans to acquire Hawaiian Airlines, setting the stage for a potential confrontation with the Biden administration’s concerns about escalating fares in the industry. The merger will preserve both airlines’ brands, anchoring them in the states of Hawaii and Alaska. …