Alaska-Hawaiian merger proposal passes initial regulatory test
August 21, 2024
The US Department of Justice's antitrust division has completed its review of the proposed acquisition of Hawaiian Airlines by Alaska Airlines without issuing an objection. Alaska says this marks "a significant milestone" in the merger's progress. The DOJ's review period has expired on 20 August after being extended three times by the regulator with the two carriers' consent. "During the DOJ’s review, Alaska worked closely with the Hawaii attorney general to reinforce and expand upon our commitments for the future of Hawaiian Airlines and to Hawaii consumers," Alaska says. "These include plans to maintain the Hawaiian Airlines brand and local jobs and continue providing strong service between, to, and from the islands." Alaska notes that the merger remains subject to further regulatory review, including DOJ approval of an interim exemption application. "Following that step, we will complete work to close the transaction, and proceed with integrating the two companies," it adds. In December 2023, Hawaiian parent Hawaiian Holdings and Alaska parent Alaska Air Group agreed to combine under a $1.9 billion deal set to close within 12-18 months of its signing.
Qatar Airways buys 25% stake in South Africa's Airlink
August 21, 2024
Qatar Airways has secured a minority 25% holding in South African regional carrier Airlink. The Middle Eastern airline says the deal will "further cement" its ambition to "develop its operations across the African continent". It has previously noted that Africa, currently underserved with air travel relative to other regions, will constitute a "big market" in the future. "Our investment in Airlink further demonstrates how integral we see Africa being to our business' future," states Qatar Airways chief executive Badr Mohammed Al-Meer. "This partnership not only demonstrates our confidence in Airlink, as a company that is resilient, agile, financially robust and governed on sound principles, but also in Africa as a whole, showing huge potential that I am delighted we are able to help start realising." Qatar Airways currently flies to 29 points in Africa, and highlights "strong growth" in the market in recent years, having added several new destinations since December 2020. It remains in lengthy negotiations to acquire a 49% stake in Rwandan flag carrier RwandAir, the Financial Times has reported. The two airlines already have a wide-ranging codeshare agreement, and Qatar has invested in Rwanda's main airport. Airlink flies to around 45 locations across 15 countries in Africa, and has an in-service fleet of 63 aircraft, comprising 36 Embraer E-Jets and 27 ERJs. "Having Qatar Airways as an equity partner is a powerful endorsement of Airlink and echoes our faith in the markets we currently serve and plan to add to our network," states chief executive Rodger Foster. "This transaction will unlock growth by providing efficiencies of scale, increasing our capacity and expanding our marketing reach. By bolstering Airlink and its business, this investment will strengthen all of the existing airline partnerships Airlink has nurtured over the years."
Qatar Airways' portfolio of investments includes stakes in IAG, LATAM, Cathay Pacific and China Southern.
Voepass ATR 72 had electrical issue a week after fatal crash
August 20, 2024
A Voepass ATR 72-600 operating a flight from Rio Verde to Sao Paulo Guarulhos suffered an "electrical problem" on 15 August, Brazil's aviation safety agency has disclosed. The National Civil Aviation Agency (ANAC) says in a statement that flight PTB 2211 landed at Uberlandia airport as a precaution. On 16 August, ANAC was scheduled to meet with representatives from Voepass about the company's "surveillance process" and to discuss this incident. The incident follows the 9 August fatal crash of another ATR 72-500 (MSN 908) operated by the airline.