Hawaiian Holdings Stockholders approve of takeover by Alaska Air Group

Hawaiian Holdings, the parent of Hawaiian Airlines has confirmed this week that its stockholders have voted to agree to the takeover by the Alaska Air Group.  To save face, the management is calling it a merger and advised that the substantial majority of the holders of Hawaiian’s stock voted in favour of the merger, according to preliminary results from the special meeting held on Friday. Hawaiian will file the final voting results, as tabulated by an independent inspector of elections, on a Form 8-K with the U.S. Securities and Exchange Commission.

“Stockholder approval of our transaction with Alaska is an important milestone toward combining our airlines,” said Hawaiian Airlines President and CEO Peter Ingram. “Together, we will bring stronger competition to the U.S. airline industry, deliver more value to our guests and the communities that we serve, and provide greater job opportunities for our employees.”

The transaction remains subject to receipt of required regulatory approvals, along with other customary closing conditions. Hawaiian and Alaska continue to expect to complete the transaction within 12 to 18 months of the announcement of the transaction, which occurred on 3rd December 2023.

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