Alaska Air Will Acquire Hawaiian Airlines in $1.9 Billion Deal ...Middle East

Times of San Diego - News

An Alaska Airlines jet on the tarmac. Courtesy of the company Alaska Air said on Sunday that it has entered an agreement to acquire Hawaiian Airlines for $1.9 billion, which includes $900 million of Hawaiian Airlines net debt. Alaska Airlines will acquire Hawaiian Airlines for $18.00 per share in cash, the two companies said, adding that the transaction will unlock more destinations and expand access throughout the Pacific region, continental United States and globally. The deal is expected to generate high single-digit earnings accretion for Alaska Airlines within the first two years with no anticipated material impact on long-term balance sheet metrics. “This combination is an

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Alaska Air Will Acquire Hawaiian Airlines in $1.9 Billion Deal ...Middle East

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