Alaska Airlines, one of the largest carriers in the United States, has announced that it will be acquiring Hawaiian Airlines for an estimated $1.9 billion. This is the largest acquisition of a U.S. airline by another U.S. airline since 2013.
The deal, which is subject to approval by Hawaiian Airlines’ shareholders, will combine the two airlines’ extensive networks and expand their reach in the U.S. and around the world. Hawaiian Airlines currently serves more than 26 million passengers a year with flights to 28 countries and territories.
Alaska Airlines, which is the ninth-largest carrier in the U.S., is expected to benefit from the combination. The airline has positioned itself as the premier carrier of the West Coast in recent years, and the acquisition of Hawaiian Airlines will significantly increase its presence in the Hawaiian archipelago.
The acquisition is expected to help Alaska Airlines expand its international reach and bolster its presence in the Asia-Pacific region. The airline is already a member of the global oneworld alliance, which will give it access to a broad network of codeshare partners around the world.
Alaska Airlines also expects to benefit from Hawaiian Airlines’ loyalty program. The combined airline is expected to have more than 18 million members, which will give it greater access to customers and more opportunities to generate additional revenue.
The deal is expected to close by the end of 2021, pending approval from Hawaiian Airlines’ shareholders. If approved, the combined airline is projected to generate $3.7 billion in revenues. This would make it one of the largest airlines in the world and give Alaska Airlines a significant foothold in the international market.
Overall, Alaska Airlines’ acquisition of Hawaiian Airlines looks like a very smart move. It gives the airline access to a larger customer base and broader network, while also helping to further solidify its international presence. As long as the deal is approved by shareholders, it could be a win-win situation for both airlines.
Alaska Airlines, one of the largest carriers in the United States, has announced that it will be acquiring Hawaiian Airlines for an estimated $1.9 billion. This is the largest acquisition of a U.S. airline by another U.S. airline since 2013.
The deal, which is subject to approval by Hawaiian Airlines’ shareholders, will combine the two airlines’ extensive networks and expand their reach in the U.S. and around the world. Hawaiian Airlines currently serves more than 26 million passengers a year with flights to 28 countries and territories.
Alaska Airlines, which is the ninth-largest carrier in the U.S., is expected to benefit from the combination. The airline has positioned itself as the premier carrier of the West Coast in recent years, and the acquisition of Hawaiian Airlines will significantly increase its presence in the Hawaiian archipelago.
The acquisition is expected to help Alaska Airlines expand its international reach and bolster its presence in the Asia-Pacific region. The airline is already a member of the global oneworld alliance, which will give it access to a broad network of codeshare partners around the world.
Alaska Airlines also expects to benefit from Hawaiian Airlines’ loyalty program. The combined airline is expected to have more than 18 million members, which will give it greater access to customers and more opportunities to generate additional revenue.
The deal is expected to close by the end of 2021, pending approval from Hawaiian Airlines’ shareholders. If approved, the combined airline is projected to generate $3.7 billion in revenues. This would make it one of the largest airlines in the world and give Alaska Airlines a significant foothold in the international market.
Overall, Alaska Airlines’ acquisition of Hawaiian Airlines looks like a very smart move. It gives the airline access to a larger customer base and broader network, while also helping to further solidify its international presence. As long as the deal is approved by shareholders, it could be a win-win situation for both airlines.
