Skip to Content

Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny

SEATTLE (AP) — Alaska Air Group has agreed to buy Hawaiian Airlines in a $1.9 billion deal including debt. The airlines announced the agreement Sunday. Alaska will pay $18 in cash for each share of Hawaiian, whose stock closed Friday at $4.86. The deal includes $900 million in Hawaiian debt. The acquisition still needs the blessing of U.S. regulators, which have shown resistance to more consolidation within the airline industry out of fear it could lead to higher airfares. Alaska and Hawaiian are both leading carriers between Hawaii and the U.S. mainland, which could raise worries about the combination hurting competition.

Article Topic Follows: AP-National

Jump to comments ↓

Associated Press


KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content