Alaska Airlines and Hawaiian Airlines just took one step closer to a merger, according to statements sent out on Monday. The deal cleared a regulatory obstacle when "the time period for the U.S. Department of Justice to complete its regulatory investigation of the proposed combination of Alaska Airlines and Hawaiian Airlines under the HSR Act" expired, Alaska Airlines said in a statement on its website.
"Following that step, we will complete work to close the transaction, and proceed with integrating the two companies, welcoming Hawaiian Airlines guests and employees into Alaska Air Group, and expanding benefits and choice for consumers throughout Hawai‘i, the Asia-Pacific region, continental United States and globally," Alaska Airlines said.
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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.
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Alaska Air clears big hurdle in proposed merger with Hawaiian AirlinesThe U.S. Department of Justice has chosen not to challenge the $1.9 billion deal.
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