Juneau, Alaska – The proposed merger between Alaska Airlines and Hawaiian Airlines has made significant progress by clearing antitrust hurdles, according to reports. This move comes after the recently concluded Justice Department review, opening up the pathway for further evaluations by the Department of Transportation.

The merger between the two major airlines has been a subject of intense scrutiny due to potential implications for competition in the airline industry. However, with the antitrust review behind them, both Alaska Airlines and Hawaiian Airlines are now inching closer towards finalizing the deal, pending further regulatory assessments.

Alaska Airlines’ acquisition of Hawaiian Airlines marks a significant milestone in the ongoing consolidation efforts within the aviation sector. The clearance of key antitrust reviews signals a step forward in the process, attracting attention from investors and industry observers alike.

Shares of Hawaiian Holdings surged following the news of the Justice Department’s approval, reflecting investor optimism towards the potential benefits of the merger. The decision to move forward with the merger indicates a notable shift in the competitive landscape of the airline industry, with implications that extend beyond the two companies involved.

While the merger has cleared certain regulatory hurdles, there are still steps to be taken before the deal is finalized. The next phase involves a comprehensive evaluation by the Department of Transportation, which will assess the potential impact of the merger on various aspects of the airline market and consumer welfare.

Overall, the progress made in the Alaska Airlines and Hawaiian Airlines merger reflects a broader trend of consolidation and restructuring within the aviation industry. As the two airlines navigate the final stages of the merger process, stakeholders and industry experts will be closely monitoring the developments to gauge the implications for the market and consumers.