Shares of Hawaiian Electric fell 3.3% premarket on Thursday after the parent company of Hawaii's largest utility said it plans to sell up to $250 million worth of shares to partly fund its portion of the Maui wildfire settlement.
Ben Minicucci, Alaska Airlines CEO, joins 'Squawk on the Street' to discuss how quickly Alaska's merger with Hawaiian will filter into the company's bottom line, the people that doubted the merger would happen, and what's happening with Boeing.
Alaska Airlines said Wednesday it has completed its $1.9 billion acquisition of Hawaiian Airlines after it reached agreement with the U.S. Transportation Department.
Alaska Airlines' (ALK) acquisition of Hawaiian Airlines (HA) received the approval of the Department of Transportation (DOT) Tuesday after the airlines agreed to a number of terms designed to protect travelers.
The Department of Transportation approved the merger between Alaska Airlines and Hawaiian Airlines, provided that the carriers maintain certain conditions.
The Department of Transportation on Tuesday allowed Alaska Airlines to close its $1.9 billion acquisition of Hawaiian Airlines, clearing the final regulatory hurdle for a major industry merger that comes after federal officials blocked other deals, after both airlines agreed to several concessions.
CNBC's Phil LeBeau joins 'Power Lunch' to report on the DOT approving Alaska Airlines and Hawaiian Airlines planned merger.
The U.S. Transportation Department said on Tuesday it had agreed to allow Alaska Airlines to close on its $1.9 billion acquisition of Hawaiian Airlines , after the carriers agreed to maintain key Hawaiian routes and adopt consumer protections.
Alaska Airlines and Hawaiian Airlines can go through with their planned merger, the U.S. Department of Transportation said Tuesday.
Hawaiian Holdings' top line is bolstered by improved air travel demand. Fleet upgrade efforts are commendable.
Hawaiian Electric raised bankruptcy concerns with "going concern" language in its second-quarter report. The company has reached a settlement with plaintiffs regarding the August 2023 wildfires.
Hawaiian Holdings (HA) reported earnings 30 days ago. What's next for the stock?