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Alaska Airlines Completes Acquisition Of Hawaiian Airlines

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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.

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