Alaska Joins Next Round Of U.S. Consolidation With Bid For Hawaiian
Alaska Air Group has agreed to acquire Hawaiian Airlines for $1.9 billion, expanding the fifth-largest U.S. airline into a combined organization that plans to maintain both brands.
Credit: Jim West/Alamy Stock Photo
Survival has driven every cycle of U.S. airline consolidation since deregulation, as carriers sought to compete with large incumbents or withstand economic crises. Following “a near 20-year cycle of robust consolidation” that has left a dwindling number of players, an Alaska Airlines-Hawaiian...
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