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  • Alaska Airlines buys Hawaiian Airlines for $1.9 BILLION - including $900M in net debt

    12/03/2023 1:45:01 PM PST · by DFG · 25 replies
    UK Daily Mail ^ | 12/03/2023 | MACKENZIE TATANANNI
    Alaska Airlines has entered an agreement to acquire Hawaiian Airlines for $1.9 billion, including $900 million of the carrier's net debt. According to Sunday's announcement, Alaska Airlines will acquire Hawaiian Airlines for $18 per share in cash. The airlines say the deal will unlock more destinations throughout the Pacific region, continental United States and globally. The deal is expected to generate high single-digit earnings accretion for Alaska Airlines within the first two years with no anticipated material impact on long-term balance sheet metrics. 'This combination is an exciting next step in our collective journey to provide a better travel experience...