Alaska Airlines completes acquisition of Hawaiian Airlines
Alaska Airlines said on Wednesday it had completed its $1.9 billion acquisition of Hawaiian Airlines after reaching an agreement with the U.S. Department of Transportation.
The airlines on Tuesday agreed to maintain key Hawaiian routes and adopt consumer protections under an agreement that will last six years.
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“This is a historic day for Alaska Airlines as we officially join with Hawaiian Airlines. Among Alaska, Hawaiian and Horizon Air, we have more than 230 years of history flying guests and serving communities. I know we will build on that legacy and become stronger together – providing the excellent operation guests have come to expect, expanding options to seamlessly travel nearly anywhere in the world, and securing the financial stability and value that inspires investment”, Alaska Airlines CEO Ben Minicucci said.
Alaska Airlines and Hawaiian Airlines now begin the work to secure a single operating certificate with the Federal Aviation Administration (FAA), which will allow the two airlines to operate as a single carrier with an integrated passenger service system. In the interim, the airlines will continue to operate as separate carriers with no immediate changes to operations and will maintain separate websites, reservation systems and loyalty programs until later in the integration process.
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