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Alaska Airlines to acquire Hawaiian Airlines in $1.9 billion deal

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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.

from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/1FDZNVM

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