Alaska Airlines to acquire Hawaiian Airlines in $1.9 billion deal

Alaska Airlines announces intent to purchase Hawaiian Airlines for $1.9 billion, awaiting regulatory approval. Merger would create nation's fifth-largest carrier, with combined fleet of 365 aircraft serving 138 destinations. Potential benefits include expanded connections to U.S., Asia, and the Pacific. Regulatory scrutiny expected due to reduced competition in Hawaii. Acquisition reflects industry trend of consolidation to navigate financial challenges.

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