Nonetheless, the merger will shift the balance of the American commercial aviation industry, bringing together two of the ten largest airlines to create what now stands as the fifth largest in the United States, according to Forbes. Let's take a deeper look at what the largest impacts of this merger will be.

The merger between Alaska Airlines and Hawaiian Airlines is official, making it possible to share loyalty benefits between both carriers.

Alaska Airlines completes acquisition of Hawaiian Airlines, leveraging Hawaiian's assets for growth in Asia and the South Pacific. Learn more on ALK stock here.