Alaska and Hawaiian Airlines merger moves forward

  • 📰 KXDF News 13
  • ⏱ Reading Time:
  • 34 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 63%

Alaska And Hawaiian Airlines Notícia

Merger,U.S. Dept. Of Transportation,Alaska

The Alaska and Hawaiian Airlines merger has been given the green light to move forward.

has been given the green light to move forward by the transportation department but the airlines must adhere to certain terms.

This is the first time that the department is requiring airlines to agree to a binding consumer protection order to close a merger. According to a release by the U.S. Dept. of Transportation , the Alaska and Hawaiian must protect the value of rewards, maintain critical inter-island and continental routes, preserve support for essential air service in Alaska and Hawaii, guarantee fee-free family seating, as well as provide alternative compensation for airline caused delays and cancellations -- among other stipulations.

USDOT says the commitment must “not impact the synergies of the deal, which will enhance competition and expand choice for consumers.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 266. in BR
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

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.
Fonte: Mynorthwest - 🏆 438. / 53 Consulte Mais informação »

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.
Fonte: FoxBusiness - 🏆 458. / 53 Consulte Mais informação »

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.
Fonte: NBCNewYork - 🏆 270. / 63 Consulte Mais informação »

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.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

DOT Approves Alaska Airlines-Hawaiian Airlines Merger With Public Interest ProtectionsThe US Department of Transportation (DOT) has approved the merger between Alaska Airlines and Hawaiian Airlines, but with conditions. The DOT requires the airlines to implement 'public-interest protections' to safeguard the value of their rewards programs. These protections include preserving existing miles, enabling a 1:1 transfer ratio between their programs, maintaining earned mile value, and prohibiting new 'junk fees'. The merger was initially announced last December but faced delays due to legal challenges alleging potential harm to the Hawaiian economy.
Fonte: AKNewsNow - 🏆 460. / 53 Consulte Mais informação »