Alaska Air to buy Hawaiian Airlines for $1.9 billion

Alaska Airlines to buy Hawaiian Airlines for $1.9 billion

Alaska Air announced on Sunday that it has made a deal to buy Hawaiian Airlines for $1.9 billion.

>> Read more trending news

Alaska Air would buy Hawaiian Airlines for about $18 per share in cash, The Wall Street Journal reported.

The sale would allow for more destinations and would permit the company to expand through the Pacific region, additional parts of the United States and around the globe, according to Reuters.

“This is a fantastic deal that bring two airlines that have amazing loyalties in our regions together,” Alaska Airlines CEO Ben Minicucci said during a news conference, according to CNN.

Alaska Airlines and Hawaiian Air to combine, expanding benefits and choice for travelers throughout Hawai’i, the West Coast and beyond,” Alaska Airlines said in a statement on X, formerly known as Twitter.

The deal is expected to take about nine to 18 months, CNN reported.

“In Alaska Airlines, we are joining an airline that has long served Hawai’i, and has a complementary network and a shared culture of service,” said President Peter Ingram per CNN. “With the additional scale and resources that this transaction with Alaska Airlines brings, we will be able to accelerate investments in our guest experience and technology, while maintaining the Hawaiian Airlines brand.”

0
Comments on this article
0
On Air107.3 The Eagle - Tampa Bay's Classic Hits Station Logo

Bud Light and Hooters are giving Tampa Bay Buccaneer fans the chance to go behind the scenes and watch the Bucs in Kansas City on Monday Night Football from the Adventhealth Training Facility at One Buc Place!


METALLICA | June 6th & 8th | Raymond James Stadium





mobile apps

Everything you love about 1073theeagle.com and more! Tap on any of the buttons below to download our app.

amazon alexa

Enable our Skill today to listen live at home on your Alexa Devices!