Alaska Airlines and Hawaiian Airlines announced this morning that the former will acquire the latter for $1.9B USD. Part of the agreement is that both airlines will operate as separate entities. It will be similar to how IAG operates British Airways and Iberia, or the AirFrance / KLM conglomerate, or locally, the the Southern Airways / Mokulele operation. Of all the Hawai‘i - west coast routes that the two airlines, there are only 12 that need to be consolidated. The acquisition will need approval by federal agencies.
Further information in this Alaska Airlines press release, this Hawaiian Airlines press release, and the acquisition website Local Care, Global Reach.
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