Alaska Airlines expects to finalize its $1.9 billion merger with Hawaiian Airlines on Wednesday after the Department of Transportation cleared the transaction, the company said in a regulatory filing Tuesday.
DOT approval was the remaining hurdle for the merger. The Department of Justice last month quietly approved the transaction.
The combination of Alaska Airlines (NYSE: ALK) and Hawaiian Airlines (NASDAQ: HA) is important from a freight perspective because Alaska will take over cargo...
https://www.freightwaves.com/news/dot-approves-1-9b-alaska-air-hawaiian-merger