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Business Wars Daily

A Rural Airline Merger Could Face DOJ Challenge

Business Wars Daily

Audible

Business, Business News, News, Daily News

4.6717 Ratings

🗓️ 11 December 2023

⏱️ 5 minutes

🧾️ Download transcript

Summary

Today is Monday, December 11, and we're looking at Alaska Airlines vs. JetBlue.

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Transcript

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0:00.0

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0:04.8

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1:05.1

The From Wondery, I'm David Brown, and this is Business Wars Daily on this December 11th. Happy Monday, everybody.

1:06.7

You know the saying, fool me once, shame on you, fool me twice, shame on me.

1:10.7

Well, that may be on the minds of some folks in the Justice Department in the coming months.

1:15.1

Let me explain here.

1:16.1

Last week, Alaska Airlines announced plans to buy its rival Hawaiian Airlines in a cash and debt deal worth $1.9 billion.

1:24.9

Here's the quick and dirty.

1:26.0

Hawaiian's branding will remain intact. The airline's

1:28.8

loyalty programs will eventually merge, and there will be layoffs, though Alaska's CEO Ben Minnicucci

1:35.1

said he hopes those will be minimal. Right now, only 12 of Alaska and Hawaiian's roots overlap. The

1:41.2

airlines plan to keep the rest unchanged. And importantly for folks in Hawaii,

1:45.8

short flights between islands will also continue as they currently are. When asked about adding much-needed

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