{"id":2327752,"date":"2024-08-20T17:03:52","date_gmt":"2024-08-20T21:03:52","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/alaska-air-and-hawaiian-airlines-clear-huge-hurdle-in-proposed-merger\/"},"modified":"2024-08-20T17:07:13","modified_gmt":"2024-08-20T21:07:13","slug":"alaska-air-and-hawaiian-airlines-clear-huge-hurdle-in-proposed-merger","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/alaska-air-and-hawaiian-airlines-clear-huge-hurdle-in-proposed-merger\/","title":{"rendered":"Alaska Air and Hawaiian Airlines Clear Huge Hurdle in Proposed Merger"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Falaska-air-and-hawaiian-airlines-clear-huge-hurdle-in-proposed-merger%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2327752&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Alaska Air is progressing towards \u2064acquiring\u200b Hawaiian Airlines following the \u2063U.S. Department \u200dof Justice&#8217;s decision not \u2062to challenge the $1 billion deal. Announced in\u200b December,\u2062 Alaska Air plans to pay $18 per Hawaiian share, which\u200d <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/student-suspended-from-education-program-for-saying-a-man-is-a-man-a-woman-is-a-woman\/\" title=\"Student Suspended From Education Program For Saying, \u2018A Man Is A Man, A Woman Is A Woman\u2019\">includes taking<\/a> on \u2062$900 million\u200d in Hawaiian&#8217;s debts. The merger aims to enhance competition against the major \u200cU.S. airlines, namely \u2063American Airlines,\u200b Delta Air \u2064Lines,\u200c Southwest Airlines, and United Airlines, \u2062while \u2064keeping \u200dthe brands of \u200bboth airlines distinct, which is uncommon in the industry. Although the\u2063 review by the Justice Department concluded, the merger still awaits approval from the Department of Transportation. If\u2064 finalized, this \u2064would be the first <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chris-cuomo-files-arbitration-claim-seeking-125-million-from-cnn\/\" title=\"Chris Cuomo Files Arbitration Claim Seeking 5 Million From CNN\">major merger<\/a>\u200d in the U.S. <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/viral-video-shows-airline-take-sick-action-against-family-when-2-year-old-toddler-refuses-to-wear-mask\/\" title=\"Viral Video Shows Airline Take Sick Action Against Family when 2-Year-Old Toddler Refuses To Wear Mask\">airline industry<\/a> since Alaska Air&#8217;s acquisition of Virgin\u2062 America in 2016. Following the announcement, Hawaiian Holdings&#8217; stock\u200c <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fake-kamala-got-loomered-laura-loomer-catches-kamala-harris-body-double-at-palm-beach-polling-place-video-photos\/\" title=\"FAKE KAMALA GOT LOOMERED! --Laura Loomer Catches Kamala Harris BODY DOUBLE at Palm Beach Polling Place! (VIDEO -PHOTOS)\">jumped<\/a> over\u200d 12%, \u2062while Alaska Air&#8217;s stock remained \u200dstable.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section>\n<p>Alaska Air is one step closer to acquiring Hawaiian Airlines after the U.S. Department of Justice chose not to challenge the $1 billion deal that the carriers say will create a company better able to serve travelers.<\/p>\n<p>Alaska Air announced in December that it would pay $18 in cash for each  of Hawaiian. The deal includes $900 million in debt held by Hawaiian Airlines.<\/p>\n<p>The brands of both airlines would be preserved after the merger, which is rare in an <a href=\"https:\/\/www.westernjournal.com\/colorados-cannabis-industry-going-smoke-not-looking-good-americas-first-legal-weed-experiment\/\" target=\"_blank\" rel=\"noopener\">industry<\/a> where decades of acquisitions have left only four big carriers dominating the U.S. market.<\/p>\n<p>Alaska and Hawaiian said they have few overlapping routes and the intent of a tie-up is to allow the new airline to better compete with the nation&rsquo;s Big Four: American Airlines, Delta Air Lines, Southwest Airlines and United Airlines.<\/p>\n<p>Alaska Air and Hawaiian Holdings, the parent company of Hawaiian Airlines, said in regulatory filings with the Securities and Exchange Commission Tuesday that the review period for the <a href=\"https:\/\/www.westernjournal.com\/biden-weaponizing-justice-department-force-states-abortion-compliance\/\" target=\"_blank\" rel=\"noopener\">Justice Department<\/a>, which had already been extended several times, expired just after midnight.<\/p>\n<p>  <script> \t\t\t\tif( ! getCookie( 'ff_subbed' ) ) if( typeof FFADS.replace_ict !='undefined' ) if( FFADS.replace_ict ) eval( FFADS.replace_ict ); \t\t\t<\/script> <\/p>\n<p>The closing is still subject to approval from the Department of Transportation. Alaska and Hawaiian have been working with Transportation on lingering issues, according to the SEC filing.<\/p>\n<p>If Alaska and Hawaiian close their agreement, it will be the first combination of sizeable U.S. airlines since 2016, when Alaska outbid JetBlue to buy Virgin America.<\/p>\n<p>s of Hawaiian Holdings Inc. jumped more than 12 percent at the opening bell Tuesday. Alaska Air Group Inc. s were flat.<\/p>\n<p style=\"font-style: italic;\">The Western Journal has reviewed this Associated Press story and may have altered it prior to publication to ensure that it meets our editorial standards.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\">  <\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> <label>* Name<\/label> <br \/> <input type=\"text\" name=\"name\" required> <\/div>\n<div class=\"sc--field\"> <label>* <\/label> <br \/> <input type=\"text\" name=\"\" required> <\/div>\n<p> <label>* Message<\/label> <br \/> <textarea name=\"message\" required><\/textarea>  <\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> <input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\">  <\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> <script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! ( opts[inputs[i]]=document.querySelector( '.entry-submit-correction [name=\"' + inputs[i] + '\"]' ).value ) ) { \t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .required-message' ).style.display='block'; \t\t\t\t\t\treturn; \t\t\t\t\t}  \t\t\t\t\tdocument.querySelector( '.entry-submit-correction input[type=\"submit\"]' ).style.display='none'; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).src=firefly_loading_gif_url; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='inline-block';  \t\t\t\t\tconsole.log( 'ma subbing' );  \t\t\t\t\tif( firefly_post_id ) opts['post_id']=firefly_post_id;  \t\t\t\t\t\/* Send the data using post with element id name and name2*\/ \t\t\t\t\tvar posting=jQuery.post( firefly_ajax_url, opts );  \t\t\t\t\t\/* Alerts the results *\/ \t\t\t\t\tposting.done( function( response ) { \t\t\t\t\t\tif( response.success ) { \t\t\t\t\t\t\tconsole.log( response.data ); \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='none'; \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-confirm' ).style.display='block';  \t\t\t\t\t\t\tdataLayer.push( { 'event': 'submit-correction' } ); \t\t\t\t\t\t} \t\t\t\t\t}); \t\t\t\t}); \t\t\t} \t\t<\/script>  <\/div>\n<div class=\"ff-fancy-header-container\">  <\/div>\n<style> \t\t\t \t\t\t.insticator-unit.type-commenting{margin: 0 10px 25px 10px}@media screen and (max-width:1060px){#div-insticator-ad-cmt-1, #div-insticator-ad-cmt-2, #div-insticator-ad-cmt-3, #div-insticator-ad-cmt-4{margin: 0 auto 25px auto !important;}}#div-insticator-ad-cmt-1, #div-insticator-ad-cmt-2, #div-insticator-ad-cmt-3, #div-insticator-ad-cmt-4{height: 280px !important; width: 336px !important} \t\t<\/style>\n<div class=\"insticator-unit type-commenting\">\n<div class=\"insticator-ads\">   <script data-cfasync=\"false\" type=\"text\/javascript\"> \t\t\t\t\tif ( ! getCookie( \"ff_subbed\" ) ) { \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-1\"); \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-2\"); \t\t\t\t\t} else { \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-1\").remove() \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-2\").remove() \t\t\t\t\t} \t\t\t\t<\/script> <\/div>\n<div class=\"insticator-ads additional\">   <script data-cfasync=\"false\" type=\"text\/javascript\"> \t\t\t\t\tif ( ! getCookie( \"ff_subbed\" ) ) { \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-3\"); \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-4\"); \t\t\t\t\t} else { \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-3\").remove() \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-4\").remove() \t\t\t\t\t} \t\t\t\t<\/script> <\/div>\n<\/p><\/div>\n<\/section>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alaska Air is nearing the acquisition of Hawaiian Airlines, as the U.S. Department of Justice has opted not to contest the $1 billion agreement that both airlines claim will enhance their ability to serve customers. In December, Alaska Air revealed plans to pay $18 in cash for each share of Hawaiian Airlines, which also includes taking on $900 million in Hawaiian&#8217;s debt. Following the merger, both airline brands will be maintained\u2014a rarity in an industry where numerous acquisitions have resulted in only four major carriers dominating the U.S. market. Alaska and Hawaiian assert that they have minimal route overlap and aim for this partnership to strengthen their competitiveness against the leading four airlines: American Airlines, Delta Air Lines, Southwest Airlines, and United Airlines. According to regulatory filings with the Securities and Exchange Commission on Tuesday, Alaska and Hawaiian noted that the review period by the Justice Department had concluded just after midnight; this review had already been extended multiple times. The merger still requires approval from the Department of Transportation, with both airlines addressing outstanding issues with them as per SEC documentation. If finalized, this would mark the first significant merger among U.S. airlines since 2016 when Alaska acquired Virgin America after outbidding JetBlue. Following this news, shares of Hawaiian Holdings Inc. surged over 12% at market open on Tuesday while shares of Alaska Air Group Inc remained stable<\/p>\n","protected":false},"author":1,"featured_media":2327753,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/08\/b351407225114b538057569c3d877277-scaled.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[38724,38725,16353],"class_list":["post-2327752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-alaska-air","tag-hawaiian-airlines","tag-merger"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/08\/b351407225114b538057569c3d877277-scaled.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2327752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2327752"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2327752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2327753"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2327752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2327752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2327752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}