ALASKA AIRLINES AND HAWAIIAN AIRLINES MERGER CLEARS CRITICAL HURDLE
September 18, 2024
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On August 20, 2024, the Department of Justice (“DOJ”) indicated that it would not attempt to block the proposed merger between Alaska Airlines and Hawaiian Airlines. The $1.9 billion dollar deal would be the first airline industry merger allowed under the Biden administration and would be the first since Alaska Airlines and Virgin Airlines merged in 2016. The deal still requires approval by other regulators such as DOT. Both agencies had been investigating the tie-up since it was announced in December 2023, and DOT has not yet indicated whether it would approve the merger. Last year the two agencies joined to oppose the merger between JetBlue and Spirit.
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