The Biden administration has given the green light for Alaska Airlines to proceed with its $1 billion acquisition of Hawaiian Airlines, subject to certain conditions agreed upon by both carriers. These conditions include commitments to maintain existing service on routes between Hawaii and the mainland U.S. where there is limited competition.
Transportation Department officials confirmed on Tuesday that all obstacles to the airlines closing the deal and commencing the merger have been cleared, with final approvals pending. Alaska Airlines anticipates finalizing the acquisition in the coming days.
