Alaska Air CEO Expects DOJ To Complete Review Of Hawaiian Airlines Acquisition Deal By August 5; Full-Year Capacity Growth Now Expected To Be Less Than 2.5%
Portfolio Pulse from Benzinga Newsdesk
Alaska Air CEO expects the DOJ to complete its review of the Hawaiian Airlines acquisition deal by August 5. The company also adjusted its full-year capacity growth expectation to be less than 2.5%.
July 18, 2024 | 3:46 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Alaska Air CEO expects the DOJ to complete its review of the Hawaiian Airlines acquisition deal by August 5. The company also adjusted its full-year capacity growth expectation to be less than 2.5%.
The completion of the DOJ review by August 5 could provide clarity and potentially positive momentum for Alaska Air's stock. However, the reduced capacity growth expectation might temper some of the optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100