Biden administration allows WA's Alaska Airlines merger with Hawaiian Air

The Biden administration is letting Alaska Airlines complete its $1 billion purchase of Hawaiian Airlines after the carriers agreed to certain conditions, including maintaining maintain current service on routes between Hawaii and the mainland U.S. where they don’t have much competition.Transportation Department officials said Tuesday that no obstacles remain to the airlines closing their $1 billion deal and beginning to merge, although some final approvals are still pending.

The Transportation Department could drop the latter requirement if the flying becomes unprofitable.Alaska and Hawaiian also agreed to some consumer protections including maintaining the value of frequent-flyer rewards as they combine their loyalty programs, guaranteeing families can sit together without paying extra fees, and offering lower costs to military families.The Transportation Department said it gave Alaska and Hawaiian an exemption to combine ownership — to merge.

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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.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

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.
แหล่ง: FoxBusiness - 🏆 458. / 53 อ่านเพิ่มเติม »

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.
แหล่ง: NBCNewYork - 🏆 270. / 63 อ่านเพิ่มเติม »