---
schema_version: "secwatch.filing_event.v1"
accession: "0000766421-24-000062"
form_type: "8-K"
ticker: "ALK"
cik: "0000766421"
company_name: "ALASKA AIR GROUP, INC."
filed_at: "2024-09-18T23:59:59+00:00"
generated_at: "2026-05-31T04:06:57.722062+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Alaska Air completes $1.0B acquisition of Hawaiian Holdings; HA stockholders receive $18/share

## Summary
- Alaska Air Group closed its acquisition of Hawaiian Holdings for ~$1.0B cash; each HA share converted to $18.00.
- Combined airline serves 141 destinations with 350 aircraft; Honolulu becomes Alaska's second largest hub.
- Run-rate synergies expected to exceed $235M; high single-digit EPS accretion within 2 years and mid-teens ROIC by year 3.
- Hawaiian Airlines' stock (HA) to be delisted from Nasdaq; combined entity trades as ALK on NYSE.
- Mileage Plan and HawaiianMiles members can transfer miles 1:1 free starting soon; unified loyalty program expected mid-2025.

## SEC filing metadata
- accession: 0000766421-24-000062
- form_type: 8-K
- ticker: ALK
- cik: 0000766421
- company_name: ALASKA AIR GROUP, INC.
- filed_at: 2024-09-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.03, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766421/000076642124000062/0000766421-24-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766421/000076642124000062/alk-20240918.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000766421-24-000062
- JSON: https://secwatch.observer/filing/0000766421-24-000062.json
- Plain text: https://secwatch.observer/filing/0000766421-24-000062.txt

## Key facts
- M&A Transactions
  ALASKA AIR GROUP, INC. completed an acquisition involving Hawaiian Holdings, Inc. for $18.00 per Share (closed 2024-09-18).
  - Action: acquisition
  - Counterparty: Hawaiian Holdings, Inc.
  - Consideration: $18.00 per Share
  - Closing: 2024-09-18
  source text: On September 18, 2024, pursuant to the Merger Agreement, Merger Sub merged with and into Hawaiian (the "Merger"), with Hawaiian surviving as a wholly owned subsidiary of Alaska.
  evidence_url: https://www.sec.gov/Archives/edgar/data/766421/000076642124000062/0000766421-24-000062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.