Good morning from Skift. It’s Friday, January 26. Here’s what you need to know about the business of travel today.
09.01.2024 - 18:23 / skift.com / Spirit Airlines / U.S.Airlines / Hawaiian Airlines / Edward Russell / Airlines
Hawaiian Airlines shareholders will vote in February on Alaska Airlines’ proposed $1.9 billion takeover of the carrier.
Shareholders are set to vote on February 16 on merger plan that would see them receive $18 for each share in Honolulu-based Hawaiian, according to a securities filing on Tuesday. The purchase price is a 270% premium over the carrier’s share price on December 1, the last trading day before the deal was unveiled on December 3.
Under the terms of the deal, Alaska plans merge with Hawaiian but — in a rare move for a U.S. airline — continue to operate both brands. The merged carrier would be based in Seattle and led by Alaska CEO Ben Minicucci.
Approval by Hawaiian shareholders is a key step towards finalizing the merger. However, the deal still must secure antitrust and U.S. Department of Transportation approval before it can close. Both of those are big questions given the Biden Administration’s animosity towards further consolidation in the airline industry; for example, the Biden Justice Department sued to block the merger of JetBlue Airways and Spirit Airlines.
Alaska and Hawaiian hope to close their merger within 12-18 months, or by June 2025.
Good morning from Skift. It’s Friday, January 26. Here’s what you need to know about the business of travel today.
In collaboration with the Division of Festivals, the U.S. Virgin Islands (USVI) Department of Tourism announces the official dates for the 2024 St. Thomas Carnival. Scheduled to be held from April 28 to May 5, 2024, this year’s annual celebration is projected to be the largest to date. Consistent with longstanding traditions, the 72nd annual Carnival celebration will feature events including the Queen, Prince, and Princess Pageants, Calypso Monarch, Pan-O-Rama, and one of the region’s best J’ouvert parties. The annual Carnival culminates with the highly anticipated parade through Charlotte Amalie featuring thousands of masqueraders adorned in colorful outfits dancing down the 2-mile route.
The Wall Street Journal published its annual list of the best and worst carriers in the US for 2023, and Delta Air Lines once again took the crown for the top airline.
Alaska Airlines’ CEO said he was “angry” at Boeing after a door panel on a 737 Max 9 blew out mid-air.
More than three generations ago, back when the Los Angeles Dodgers were still the Brooklyn Dodgers, they used to have trouble getting past the New York Yankees in the World Series after running roughshod in the National League.
Based on its inspection of the first 40 of more than 170 jets, the Federal Aviation Administration appears ready to allow the Boeing 737 Max 9 back in the air.
When people plan trips to national parks and protected areas across the United States, they hope to see the wolves of Yellowstone or the alligators of the Everglades. But talk to any bug scientist, and they’ll tell you that the best things come in small packages.
The Federal Aviation Administration is asking airlines to visually inspect the door plugs on another type of Boeing 737 jet.
JetBlue said Friday it is cutting several routes from its network as part of its effort to return to profitability.
The Boeing 737 Max 9 saga has impacted more than 1,500 Alaska Airlines flights as the carrier said there will be cancelations through Friday.
I'm probably one of the most credit card-dependent members of the TPG team. I already have too many for most humans to keep track of, resulting in my need to use spreadsheets to keep up with all my benefits. In fact, at last count, I had more than 20 open cards.
American Airlines has just announced a series of AAdvantage program updates for 2024. The forthcoming enhancements are said to offer increased flexibility and exclusive benefits for American Airlines passengers. The updated AAdvantage program introduces new ways to earn, redeem, and receive rewards.