“The proposed combination remains subject to other customary closing conditions, including approval from the US Department of Transportation of an interim exemption application,” Alaska says.
“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 Hawaii, the Asia-Pacific region, continental United States and globally.”
Hawaii governor Josh Green says he is “confident that by the joining of these two airlines, a stronger company will emerge and offer more travel options for Hawaii residents and local businesses – and will enhance competition across the US airline industry.
“The merger will vastly expand the number of destinations throughout North America for Hawaii residents that can be reached nonstop or one-stop from the islands,” he says.
Following a months-long courting process, Alaska signalled in December that it planned to acquire Hawaiian, combining two “highly complementary networks” and assembling a combined fleet of an estimated 365 aircraft. Alaska chief executive Ben Minicucci was tapped to take the top role at the combined company, which would be headquartered in Seattle.
Hawaiian’s shareholders voted in February to approve the deal.
Last week, a US judge dismissed a lawsuit against the transaction, due to the plaintiffs’ lack of standing. A group of consumers had filed the lawsuit in April, hoping to block the deal on anticompetitive grounds.
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Publish date : 2024-08-19 22:18:00
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