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.
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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.
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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.
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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.
출처: NBCNewYork - 🏆 270. / 63 더 많은 것을 읽으십시오 »
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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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.
출처: AKNewsNow - 🏆 460. / 53 더 많은 것을 읽으십시오 »