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International Business Times
International Business Times
Business
AFP News

Alaska Airlines To Buy Hawaiian Airlines For $1.9 Bn

Alaska Airlines is set to purchase mid-size US carrier Hawaiian Airlines -- if it can gain regulatory approval (Credit: AFP)

Alaska Airlines announced Sunday that it would buy Hawaiian Airlines for $1.9 billion, consolidating its position as the nation's fifth biggest carrier if it can attain regulatory approval.

Both brands will continue to exist under the terms of the agreement, which could take up to 18 months to finalize, according to a joint press release.

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