Alaska Airlines to buy Hawaiian Airlines for $1.9 bn - News Summed Up

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Alaska Airlines to buy Hawaiian Airlines for $1.9 bn


Alaska Airlines is set to purchase mid-size US carrier Hawaiian Airlines -- if it can gain regulatory approval. Photo: Daniel SLIM / AFP/FileSource: AFPAlaska Airlines announced Sunday that it would buy Hawaiian Airlines for $1.9 billion, consolidating its position as the nation's fifth biggest carrier if it can attain regulatory approval. Based in Seattle, Alaska Airlines mainly serves the western United States. The two airlines both provide service to areas "uniquely reliant upon air travel" -- the Pacific archipelago and the frontier state of Alaska. "With the additional scale and resources that this transaction with Alaska Airlines brings, we will be able to accelerate investments in our... technology, while maintaining the Hawaiian Airlines brand," Hawaiian Airlines chief executive Peter Ingram said in the statement.


Source: Daily Nation December 04, 2023 12:21 UTC



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