Alaska Airlines on Sunday announced plans to acquire Hawaiian Airlines in a $1.9 billion deal.
The combined airline will maintain the Alaska Airlines and Hawaiian Airlines brands but with a single operating platform, Alaska Airlines said in a news release. The company would provide service to 138 destinations, including nonstop flights to airports in the Americas, Asia, Australia and the South Pacific.
For residents in Hawaii, the company would offer three times the current number of destinations from the state to destinations throughout North America, either nonstop or with one connection.
“In Alaska Airlines, we are joining an airline that has long served Hawaii, and has a complementary network and a shared culture of service,” Peter Ingram, president and chief executive of Hawaiian Airlines, was quoted as saying in the news release.
The deal is likely to face close scrutiny by federal regulators. The Justice Department has aggressively enforced antitrust laws under President Biden, suing to prevent mergers, acquisitions and other deals that could decrease competition in various industries, including aviation.
Last year, the department successfully sued to prevent a partnership between American Airlines and JetBlue Airways in New York and Boston. It is also currently suing to stop JetBlue from buying Spirit Airlines. A federal trial over that lawsuit is expected to wrap up this week, with closing arguments scheduled for Tuesday.
This is a developing story. Check back for updates.