Connect with us

Hi, what are you looking for?

Opinion

Major Airline Announces $1.9 Billion Acquisition

via TODAY

Alaska Airlines has announced its acquisition of Hawaiian Airlines in a $1.9 billion deal, with both companies emphasizing the expansion of benefits and choices for travelers on the West Coast and in Hawaii.

The merger aims to maintain the individual brands of both airlines while creating a stronger network.

The acquisition includes assuming $900 million of Hawaiian Airlines’ net debt. (Trending: Bombshell Email Uncovered Between Joe Biden And Hunter)

The combined airline is expected to establish Honolulu as a key hub, offering expanded services to the U.S. mainland and new connections to Asia and the Pacific.

“This combination is an exciting next step in our collective journey to provide a better travel experience for our guests and expand options for West Coast and Hawai’i travelers,” said Ben Minicucci, Alaska Airlines CEO.

“We have a longstanding and deep respect for Hawaiian Airlines, for their role as a top employer in Hawai’i, and for how their brand and people carry the warm culture of aloha around the globe.”

“Since 1929, Hawaiian Airlines has been an integral part of life in Hawai’i, and together with Alaska Airlines we will be able to deliver more for our guests, employees and the communities that we serve,” said Peter Ingram, Hawaiian Airlines President and CEO.

“In Alaska Airlines, we are joining an airline that has long served Hawai’i, and has a complementary network and a shared culture of service.

The deal’s closure is subject to approval by Hawaiian shareholders within 12 to 18 months.

Most Popular:

Walmart Joins ‘Woke’ Companies and Angers Conservatives

WWE Legend Sentenced To 17 Years In Prison

Biden Impeachment Vote Coming To House Floor

You May Also Like

Media

CNN’s boss Mark Thompson is planning a digital-first transformation for the network by reducing anchor salaries, which currently exceed $50 million. Insiders report he...

U.S. News

Special Counsel David Weiss charged a former FBI informant, Alexander Smirnov, with making false statements and creating false records regarding his allegations about Joe...

Politics

Donald Trump decided not to appeal a recent court ruling rejecting his claim of absolute presidential immunity from civil lawsuits over his actions while...

Opinion

A legal analyst covering a hearing on the eligibility of the Fulton County district attorney in the Trump election interference case said it was...

U.S. News

A school principal in Oklahoma faced backlash and threats after it was revealed he also performed as a drag queen. Murnan faced child pornography...

Opinion

New York AG Letitia James imposed a $354 million fine on Donald Trump for fraud, but there is no legal precedent for such a...

Media

A Virginia bill seeking to ban minors’ access to the social media platform TikTok failed to advance out of committee in the Democrat-controlled state...