The US Justice Department must decide by August 5 whether it will seek to block a tie-up between Alaska Air Group Inc. and Hawaiian Holdings Inc., the airlines said in securities filings.
The airlines said they had turned over all documents requested by antitrust enforcers, triggering a 90-day deadline for a decision that will expire on August 5.
Alaska’s proposal values Hawaiian’s equity at about $1 billion, and includes about $900 million of debt. Alaska will be the parent holding company, headquartered in Seattle, with Alaska Airlines and Hawaiian Airlines continuing to operate under their separate brands.