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The U.S. Department of Justice will not challenge the proposed acquisition of Hawaiian Airlines by Alaska Airlines for $1.9 billion. The Conversation spoke to Reuben Miller, the executive editor of investor news service CTFN, to learn more.
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Alaska Air is one step closer to acquiring Hawaiian Airlines after the U.S. Department of Justice chose not to challenge the $1.9 billion deal that the carriers say will create a company better able to serve travelers.
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The federal government has 10 days past the previous deadline of Aug. 5 to decide whether it will allow or oppose the merger of Alaska Airlines and Hawaiian Airlines.
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Alaska Airlines is offering more than 3,000 free flights to those impacted by the Maui fires last August. The Maui CARE Flights program is a collaboration between the airline, Gov. Josh Green, Maui County Mayor Richard Bissen and the Council for Native Hawaiian Advancement.
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The DOJ said it would decide within 90 days of the two airlines declaring substantial compliance with the DOJ's second and presumably final document request. On Tuesday, both airlines did that in filings to the U.S. Securities and Exchange Commission, which effectively sets Aug. 5 as the deadline for the DOJ to decide on the merger.
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The proposed merger, which also needs a federal sign-off, has already been approved by both companies' boards of directors.
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The airline said that it would cancel 110 to 150 flights a day while the Max 9 planes remain grounded, as signs indicate some travelers may at least temporarily try to avoid flying on Max 9 jetliners.
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The news of Alaska Airlines' plan to buy Hawaiian Airlines for $1.9 billion is starting to sink in — and customers aren't sure what to think. The sale, which will require federal regulatory approval, could be a year and a half away. Is it a good thing? Bad thing? How will it work in the short and long term? The Conversation's Catherine Cruz brought in executives from both airlines to learn the latest.
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Airline officials discuss what the Hawaiian-Alaska Airlines merger means for the companies and their customers; a food systems professor details the policies and efforts needed in food security and local agriculture; HPR’s Catherine Cluett Pactol reports on a Makahiki ceremony on Kahoʻolawe and its connection to the healing of the island.
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Alaska Airlines plans to purchase Hawaiian Airlines for $1.9 billion. The deal will require approval from certain shareholders and U.S. regulators. What's going to happen to your Hawaiian Miles? How will the merger affect interisland travel? HPR's Jason Ubay shares what we know so far.