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When will the DOT approve the Alaska-Hawaiian merger?
3
Resolution / Starting Odds
By September 30, 2024 • 25%
By December 31, 2024 • 25%
By March 31, 2025 • 25%
Not approved by March 31, 2025 • 25%
Official announcement from the U.S. Department of Transportation (DOT)
Story
Alaska-Hawaiian $1.9B Merger Clears DOJ, Awaits DOT Approval
Aug 20, 2024, 10:47 AM
Alaska Airlines and Hawaiian Airlines are progressing with their $1.9 billion merger after the U.S. Department of Justice (DOJ) decided not to challenge the deal on antitrust grounds. This decision marks a significant milestone for the merger, which now awaits approval from the Department of Transportation (DOT) to proceed. The merger is expected to enhance both airlines' access to more mainland U.S. destinations. Following the DOJ's clearance, Hawaiian Holdings' stock experienced a notable increase.
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