An update from Alaska Air ( (ALK) ) is now available. Alaska Air Group has finalized its acquisition of Hawaiian Holdings, promising enhanced travel options and benefits for customers. Shareholders of Hawaiian were compensated with $18.00 per share in a deal totaling roughly $1.0 billion, funded by Alaska’s cash reserves. The merger strengthens Alaska’s network, offering access to an extended range of destinations through the oneworld Alliance and global partners, while maintaining the unique identities of both airlines. This strategic move is set to create a seamless travel experience, with opportunities for loyalty program integration and an expanded operational hub in Honolulu.