Hawaiian Holdings, Inc.

The U.S. Department of Justice has decided not to challenge Alaska Air Group's proposed acquisition of Hawaiian Holdings, a key milestone in the merger effort. The deal would give Alaska added scale to better compete against larger airlines and access to a premier domestic vacation destination.

Related tickers: ALK, HA.

JetBlue Airways reported a surprise profit in Q2 2024 due to cost-cutting efforts, while Hawaiian Holdings incurred a wider-than-expected loss due to higher costs. Allegiant Travel Company reported better-than-expected earnings and revenues for Q2 2024, though both declined year-over-year.

Related tickers: JBLU, HA, ALGT.