1328 ET - Alaska Air Group hasn't uncovered any nasty surprises from its acquisition of Hawaiian Airlines, CFO Shane Tackett says on a call with analysts. That's largely because the carrier learned from the mistakes it made during its purchase of Virgin America in 2016. "While we spent a lot of time in due diligence on the Virgin acquisition, we spent multiples of that on this acquisition," Tackett says. But while Alaska Air Group received what it expected from the purchase, management says they still have a lot to learn. The carrier will sharpen Hawaiian's operations in an effort to make it profitable in 1Q by adjusting staffing, productivity and the home-bases of its planes. Alaska Air Group rise 4%. (connor.hart@wsj.com)
(END) Dow Jones Newswires
January 23, 2025 13:28 ET (18:28 GMT)
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