U.S. DoJ Approves $1.9 Billion Merger Between Alaska Airlines and Hawaiian Airlines

The US Department of Justice (DOJ) has approved the proposed $1.9 billion merger between Alaska Airlines and Hawaiian Airlines, marking a significant step forward for the deal. The Department of Transportation (DOT) will now review the application to ensure it serves the public interest before giving final approval.

Although the DOJ did not make an official announcement, Hawaii Governor Josh Green described the completion of the review period as a crucial milestone. Alaska Airlines also celebrated the progress, noting the importance of this development.

“Throughout the DOJ’s review, we worked closely with Hawaii’s Attorney General to solidify our commitments for Hawaiian Airlines’ future and for Hawaii’s consumers,” Alaska Airlines stated. “Our promises include preserving the Hawaiian Airlines brand, protecting local jobs, and maintaining robust service across the islands.”

The DOJ extended its review period multiple times, initially set to conclude on August 5, then extended to August 15, 16, and finally August 20.

With the DOJ’s review now complete, the merger awaits DOT approval for an interim exemption application submitted by both airlines. Once this approval is granted, Alaska Airlines and Hawaiian Airlines will proceed with finalizing the transaction and integrating their operations.

Recently, a US court dismissed a consumer lawsuit aimed at blocking the merger. Announced on December 2 of the previous year, the merger agreement involves Alaska Airlines assuming $900 million of Hawaiian’s debt. Both airlines plan to continue operating under their existing brands while merging their operational systems.

Sources: AirGuide Business airguide.info, bing.com, ch-aviation.com, reuters.com