Merger of Alaska Airlines and Hawaiian Airlines: A billion-dollar deal with far-reaching consequences
The proposed merger between Alaska Airlines and Hawaiian Airlines marks a potential turning point in the US aviation industry. With a value of USD 1,9 billion, this merger is expected to bring two of the country's most prominent airlines under one roof. But the transaction, which was announced on December 2nd last year, is facing intense regulatory scrutiny and is being closely watched by both the public and politicians. While supporters of the merger hope for synergies and improved service for consumers, there are also critical voices who fear a monopolization of the market and negative impact on prices. The US Department of Transportation (DOT) and the Department of Justice (DOJ) play a crucial role in evaluating this merger. The DOT recently announced that it is now reviewing the transfer of the application and will only grant approval if the merger is in the public interest. This statement underscores the importance of the merger for the entire aviation market and consumers, especially in Hawaii, where Hawaiian Airlines plays a central role in regional air travel. The DOJ had previously extended the review of the planned merger three times and postponed the decision until August 20. The delays show how intensively the legal and economic aspects of this merger are being investigated. After all, this deal is not just about the union of two companies, but also about the impact on competition, prices and jobs. The state of Hawaii is also a key player in this process. Governor Josh Green described the end of the review period as an "important milestone" and underlined the importance of the merger.