Alaska Airlines to acquire Hawaiian Airlines for $1.9 billion
USA TodayJUL 2023
The Spin
Narrative A
The Alaska-Hawaiian merger will help consumers by facilitating increased connectivity and improved services. This consolidation differs from recent mergers struck down by the DOJ, because Alaska Air and Hawaiian Airlines have fewer overlapping routes and a much lesser combined market share.
Narrative B
It's up to regulators to protect consumers' best interests and ensure that companies don't utilize unfair business practices to form monopolies and raise prices. The Biden administration must challenge alliances in the airline industry, which has become too consolidated at a cost to ordinary Americans.
Metaculus Prediction
There's a 95% chance that JetBlue will announce that it has acquired Spirit Airlines before 2026, according to the Metaculus prediction community.
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