Alaska Airlines Completes Acquisition Of Hawaiian Airlines

  • 📰 KTVF11
  • ⏱ Reading Time:
  • 27 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 63%

Business Nouvelles

Airlines,Acquisition,Hawaiian Airlines

Alaska Airlines has officially completed its acquisition of Hawaiian Airlines following the removal of regulatory hurdles. The deal, valued at approximately $2.6 billion, sees Alaska assume roughly $900 million in Hawaiian debt. Alaska plans to retain the Hawaiian brand and service levels on key routes.

of Hawaiian Airlines on Wednesday, a day after the federal government removed the last major regulatory obstacle to the deal.

Alaska will also assume about $900 million in Hawaiian debt. Alaska says it will keep Hawaiian as a separate brand, eliminating the need to repaint planes. To win approval from the Transportation Department this week, the airlines agreed to maintain current levels of service on key routes within Hawaii and between the island state and the U.S. mainland where they don’t face much competition.JetBlue’s attempt to buy Spirit AirlinesThe deal solidifies Alaska’s position as the fifth-largest U.S. airline by revenue.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 267. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Alaska Airlines completes $1 billion acquisition of Hawaiian AirlinesThe airlines announced Wednesday that they have completed the sale just a day after the federal government removed the last major regulatory obstacle.
La source: fox13seattle - 🏆 328. / 59 Lire la suite »

Alaska Airlines completes its acquisition of Hawaiian Air, which will remain a separate brandThe deal to acquire Hawaiian Airlines solidifies Alaska's position as the fifth-largest U.S. airline by revenue.
La source: ABC7 - 🏆 67. / 68 Lire la suite »

Alaska Airlines completes its acquisition of Hawaiian Air, which will remain a separate brandAlaska Airlines closed its $1 billion purchase of Hawaiian Airlines on Wednesday, a day after the federal government removed the last major regulatory obstacle to the deal.
La source: AKNewsNow - 🏆 460. / 53 Lire la suite »

Alaska Airlines completes acquisition of Hawaiian Air, which will remain a separate brandThe airlines announced Wednesday that they have completed the sale just a day after the federal government removed the last major regulatory obstacle.
La source: adndotcom - 🏆 293. / 63 Lire la suite »