Alaska Airlines, Hawaiian Merger Clears U.S. DOJ Review

Alaska Airlines announced that its proposed merger with Hawaiian Airlines cleared a regulatory hurdle with the US Department of Justice (DOJ) just days after it agreed to extend the review period of the $1.9 billion deal, according to a Reuters report.

The announcement boosted shares of Hawaiian Airlines by nearly 9% in premarket trade. I Photo: Hawaiian Airlines Facebook

The announcement boosted shares of Hawaiian Airlines by nearly 9% in premarket trade, while Alaska's shares remained flat.

"The time period for the US Department of Justice to complete its regulatory investigation of the proposed combination of Alaska Airlines and Hawaiian Airlines under the HSR Act has expired," Alaska Airlines stated on its website.

The company added that it is now awaiting the next steps with the US Department of Transportation (DOT). Alaska Airlines, which announced the merger last year, had agreed last week to extend the review period of its proposed acquisition of Hawaiian Holdings with the DOJ.

"Today, the proposed merger of Alaska Airlines and Hawaiian Airlines cleared an important milestone. The regulatory review period for the US Department of Justice has ended," Hawaii's governor Josh Green said.