Doubts over Hawaiian Airlines – Alaska Air merger

Friday, 26 Jul, 2024 0

Will the Department of Justice scupper the Hawaiian Airlines – Alaska Airlines airline merger?

Financial commentators monitoring the airlines think so.

“The Department of Justice is unlikely to approve the $1.8 billion sale to Alaska Air. The antitrust regulator is preparing to challenge the combination,” Seeking Alpha wrote.

A decision by the Department of Justice is not due until August.

The DOJ has been tough on big mergers it sees harmful to consumer choice.

The Department previously blocked JetBlue’s takeover of Spirit Airlines.

This went to Federal court but JetBlue’s bid was ultimately unsuccessful.

The $3.8 billion Spirit – JetBlue airline merger was blocked and proved costly for JetBlue.

Alaska Air and Hawaiian fly to a combined 138 destinations.

Executives from Alaska Airlines and Hawaiian Airlines have recently held community events across Alaska to promote benefits of the merger.

In another market signal suggesting it could get blocked, Hawaiian Airlines has seen a double digit fall in its share price over the past week.

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.

Holiday Extras is the UK market leader in airport parking, airport hotels, worldwide airport lounges, destination car hire, airport transfers...

We’re the number one choice for travelers to the Greek Islands and Eastern Mediterranean – a fact we love to...

Since 1932, P&O Cruises has offered Aussies and Kiwis the opportunity to take to the seas and have the holiday...

Traveltek is the world-leading provider of online solutions for the travel trade, from consumer-facing websites to call centre applications. We...

Chargebacks911 offers scalable solutions that are customized for any business of any size in any industry. With the flexibility to...

To say Sweden is fit for a fairy tale is not overstating it—the palaces dazzle, the boreal forests are brimming...

The Detroit Metro Convention & Visitors Bureau (DMCVB) is the only organization that promotes metro Detroit regionally, nationally and...

Centara Hotels & Resorts is Thailand’s leading hotel operator. Its 93 properties span all major Thai destinations plus the Maldives,...

Travel Outlook, the premier hotel call center™ Travel Outlook is an innovative, custom off-site central reservations office (CRO) service that...

The Paris 2024 Organising Committee for the Olympic and Paralympic Games is responsible for planning, organising, financing and delivering the...

Intrepid Travel is a world leader in sustainable experience-rich travel that has been taking travellers to discover the world’s most amazing places...

Celebrating its 30-year anniversary in 2022, Regent Seven Seas Cruises® offers guests An Unrivaled Experience® with every luxury included. Carrying...

The State of Michigan is blessed with the riches of unspoiled nature: the nation’s longest freshwater coastline, lakes that feel like...

Located in the heart of the Northeast and within easy driving distance of a third of the population of the...

Take your clients’ vacation to the next level at Universal Orlando Resort™. With three amazing theme parks – Universal Studios...

Our leadership is bold. Our agility thrives on open innovation and we embrace the new, whether it’s diversity, trends, challenges....

We’re here to provide the very best experience in train travel. From booking your ticket, to asking us a question...

Arival advances the business of creating amazing in-destination experiences. We provide events, insights, and community for creators and sellers of...