Alaska Airlines Announces Acquisition of Hawaiian Airlines | News, Sports, Jobs
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Alaska Airlines has agreed to purchase Hawaiian Airlines as part of a $1.9 billion deal announced in April 2022. The acquisition is significant, as both airlines have committed to maintaining current neighbor island service. The combined company will retain both brands, a departure from the typical industry acquisitions that have led to a few major airlines dominating the U.S. market.
Alaska Airlines will pay $18 in cash for each share of Hawaiian, with an additional $900 million in Hawaiian debt included in the deal. The joint company will be based in Seattle, with Alaska’s CEO, Ben Minicucci, at the helm. The acquisition is expected to add to profits within two years of the deal closing, which is anticipated to occur within 12 to 18 months.
The combined airline will become par...







