Alaska Airlines and Hawaiian Airlines merger clears regulatory hurdle, will now be reviewed by DOT

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Alaska Airlines announced Monday that its merger with Hawaiian Airlines cleared a major hurdle after the DOJ's time period to complete its investigation expired.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: NBCNewYork - 🏆 270. / 63 Read more »

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.
Source: CNBC - 🏆 12. / 72 Read more »

Department of Justice review period extended for Alaska, Hawaiian Airlines mergerA press release from Alaska Airlines says the original review period set to expire Aug. 5 will be extended an additional ten days to Aug. 15.
Source: AKNewsNow - 🏆 460. / 53 Read more »

Alaska Airlines, Hawaiian merger clears US DOJ reviewAlaska Airlines said its proposed merger with Hawaiian Airlines has been cleared just days after it agreed to extend a review period of the $1.9 billion deal.
Source: cnnbrk - 🏆 393. / 55 Read more »

Alaska Air clears a very big hurdle in its proposed merger with Hawaiian AirlinesAlaska Air is one step closer to acquiring Hawaiian Airlines after the U.S. Department of Justice chose not to challenge the $1.9 billion deal that the carriers say will create a company better able to serve travelers.
Source: ksatnews - 🏆 442. / 53 Read more »

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.
Source: adndotcom - 🏆 293. / 63 Read more »