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New Deal


Announced

Alaska Airlines to acquire Hawaiian Airlines for $1.9bn.

Financials

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Transaction Value£1,494m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2.6x
EV/EBITDA-
Share Price Premium270%
One Off Charge-

Tags

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United States

domestic airlines

Pending

Friendly

Public

Airlines

Majority

Single Bidder

Acquisition

Domestic

Synopsis

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Alaska Airlines Group, an American airline holding company, agreed to acquire Hawaiian Airlines, an operator of commercial flights to and from the US state of Hawaii, for $1.9bn. "This combination is an exciting next step in our collective journey to provide a better travel experience for our guests and expand options for West Coast and Hawai'i travelers," Ben Minicucci, Alaska Airlines CEO

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