Alaska Air, Hawaiian Airlines merger clears DOJ hurdle. Will it benefit flyers?

Hawaiian Airlines and Alaska Airlines are the latest U.S. carriers seeking to merge. The airlines cleared a regulatory hurdle with the Justice Department and are now waiting for approval from the Transportation Department of an interim exemption application. JetBlue and Spirit had similar intentions to do so, but those plans fell through earlier this year after a federal judge blocked the $3.8 billion deal due to antitrust concerns.

Clint Henderson, managing editor of The Points Guy, told FOX Business that it was surprising the DOJ let this merger proceed given the fact that the mergers and acquisitions in the industry have faced tough scrutiny from regulators.

If the Justice Department allowed JetBlue and Spirit to merge, there would be one fewer ultra-low-cost carrier helping to pull down prices," Nastro said. Alaska and Hawaiian claimed that the proposed merger would expand benefits and choice for consumers throughout Hawaii, the Asia-Pacific region, continental U.S. and globally. Generally speaking, competition is the "single-biggest cause of cheap flights." JUDGE BLOCKS $3.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Alaska Airlines clears a big hurdle in its proposed merger with Hawaiian AirlinesAlaska Airlines is one step closer to acquiring Hawaiian Airlines after the DOJ chose not to challenge the $1 billion deal.
مصدر: Mynorthwest - 🏆 438. / 53 اقرأ أكثر »

Alaska Airlines and Hawaiian Airlines merger clears regulatory hurdle, will now be reviewed by DOTAlaska Airlines announced Monday that its merger with Hawaiian Airlines cleared a major hurdle after the DOJ's time period to complete its investigation expired.
مصدر: FoxBusiness - 🏆 458. / 53 اقرأ أكثر »

Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOTThe Justice Department didn't file a suit seeking to block the tie-up between Alaska and Hawaiian, but still have to face the DOT.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOTThe Justice Department didn’t file a suit seeking to block the tie-up between Alaska and Hawaiian, but still have to face the DOT.
مصدر: NBCNewYork - 🏆 270. / 63 اقرأ أكثر »

Alaska Air clears hurdle in proposed merger with Hawaiian AirlinesAlaska 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. Alaska Air announced in December that it would pay $18 in cash for each share of Hawaiian.
مصدر: AP - 🏆 728. / 51 اقرأ أكثر »