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WEKU
WEKU
National
The Associated Press

Alaska Airlines to buy Hawaiian Airlines in deal that may attract regulator scrutiny

An Hawaiian Airlines plane taxis for position at Kahalui, Hawaii, on the island of Maui, March 24, 2005. Alaska Air Group said Sunday that it agreed to buy Hawaiian Airlines. (Lucy Pemoni/AP)

SEATTLE — Alaska Airlines said Sunday it agreed to buy Hawaiian Airlines in a $1.9 billion deal, including debt, putting it on track for a potential clash with a Biden administration that has shown wariness about higher fares in the industry.

The combined company would keep both airlines' brands, rooted in the nation's 49th and 50th states. Alaska will pay $18 in cash for each share of Hawaiian, whose stock closed Friday at $4.86 after losing just over half its value in the year so far.

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