TOKYO (Reuters) – Under-fire Japanese industry minister Yasutoshi Nishimura said he would continue in his cabinet duties and will fully disclose his finances at an appropriate time, local media reported on Sunday, amid allegations of undeclared funding that has embroiled several top lawmakers. “I have not been told anything to the contrary at this time, […]
Tag: industry
Alaska Airlines to buy Hawaiian Airlines in deal that may face regulator scrutiny | Airline industry
Alaska Airlines said Sunday it agreed to buy Hawaiian Airlines in a $1.9bn deal, including debt, putting it on track for a potential clash with a Biden administration that has shown wariness about higher fares in the industry. The combined company would keep both airlines’ brands, rooted in the nation’s 49th and 50th states. Alaska […]
A trial deciding if JetBlue can buy Spirit — and further consolidate the industry — nears its end
BOSTON — A lawyer for JetBlue Airways said Tuesday that the biggest U.S. airlines are using their size to cement their dominance in a post-pandemic world, making it critical that a federal judge allow JetBlue to buy Spirit Airlines. The lawyer, Ryan Shores, said JetBlue needs Spirit to be a “viable challenger” to the four […]