ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received …
Read More »Alaska Air falls as Wall Street questions $1.9b Hawaiian deal
BLOOMBERG Alaska Air Group Inc shares sank after it said it would acquire Hawaiian Holdings Inc for $1.9 billion in cash and debt, in the latest attempt to consolidate the US aviation industry despite regulatory headwinds. Alaska shares fell as much as 19% in New York on December 4. Shares of Hawaiian rose as high as $14.20, almost tripling after …
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