Alaska Airlines Agrees to Acquire Hawaiian Airlines in $1.9B Deal ...Middle East

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Alaska Airlines has agreed to acquire Hawaiian Airlines in a deal valued at $1.9 billion, including $18 per share in cash, the carriers announced Sunday. Each airline will retain its customer-facing brand, while integrating into a single operating platform “behind the curtain,” Alaska CEO Ben Minicucci said during a Sunday investor call. The acquisition is “something we have looked at for a while,” Minicucci added. “Simply put, we are acquiring a hub in a premium global leisure market that has the potential to approach Seattle in size.” Honolulu would become a key hub for the combined entity—”second only to Seattle,” according to Alaska CFO Shane Tackett—with expanded service to the contin

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Last updated : 04 Dec 2023 clock 05:36 AM

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Alaska Airlines Agrees to Acquire Hawaiian Airlines in $1.9B Deal ...Middle East

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