Alaska and Hawaiian merger is a contrasting tale to ill-fated JetBlue/Spirit deal
In Dec-2023, Alaska Airlines entered a definitive agreement to acquire Hawaiian Airlines for a transaction value of approximately USD1.9 billion. Less than nine months later, the merger is proceeding with little regulatory pushback, with the review period during which the carriers were prohibited from closing the agreement under antitrust legislation expiring uneventfully.
This is a very different story than the unconsummated merger between JetBlue Airways and Spirit Airlines, which faced heavy scrutiny from the US Department of Justice (DoJ) in the form of an antitrust lawsuit. The transaction was eventually blocked by a US District Judge in Jan-2024, and the companies terminated their merger agreement in Mar-2024.
Become a CAPA Member to access Insights
Our Insights are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.