Alaska Air(ALK)

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Alaska Airlines Expands Globally With New Iceland Service
ZACKS· 2025-09-05 14:26
Key Takeaways ALK will launch Seattle-Reykjavik nonstop flights in May 2026. The expanded Iceland air tie-up enables single-ticket access to 60+ European spots. Flights on the route will be operated by Alaska Airlines' long-range 737-8 MAX.Alaska Air Group’s (ALK) wholly owned subsidiary, Alaska Airlines, is set to enhance its international footprint with the launch of a new nonstop service from Seattle to Reykjavík, Iceland, beginning May 28, 2026. This milestone not only connects travelers to Iceland’s na ...
Iceland is calling: Alaska Airlines launches new route to Reykjavík and unveils elevated comfort and care across 737 fleet
Prnewswire· 2025-09-04 12:00
Guests can now book nonstop travel to Reykjavík, Iceland and look forward to Alaska's signature hospitality and the added bonus of complimentary Wi-Fi on every journey to the Land of Fire and Ice. Building on our award-winning reputation, we're debuting a suite of new onboard enhancements across our 737 fleet, including a refreshed First Class dining experience and our first-ever complimentary Premium Class Snack Basket offered on flights over 670 miles. We're excited to share that our expanded partnershi ...
美股航空股全线上扬
Ge Long Hui A P P· 2025-09-03 14:16
格隆汇9月3日|联合大陆航空、美国航空、达美航空涨近4%,西南航空、捷蓝航空、阿拉斯加航空涨 近3%。 ...
美股异动|航空股拉升,联合大陆航空、美国航空涨超4%
Ge Long Hui· 2025-09-03 13:55
Group 1 - Airline stocks experienced a significant increase in early trading, with United Airlines, American Airlines, Delta Airlines, and Frontier Group rising over 4% [1] - JetBlue Airways, Southwest Airlines, and Alaska Airlines saw gains of over 3% [1]
Alaska Air (ALK) Up 8.1% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-08-22 16:31
Core Viewpoint - Alaska Air Group (ALK) reported a mixed performance in its Q2 2025 earnings, with earnings per share beating estimates but showing a significant year-over-year decline. The company is facing challenges in maintaining profitability amid rising operating costs and a slight decrease in load factor [2][5][12]. Financial Performance - Q2 2025 earnings per share were $1.78, exceeding the Zacks Consensus Estimate of $1.56 but down 30.2% year-over-year [2]. - Operating revenues reached $3.70 billion, surpassing the Zacks Consensus Estimate of $3.65 billion, and increased by 27.8% year-over-year, with passenger revenues contributing 90.5% of the total and rising by 27% [2][3]. - Total operating expenses grew by 33% to $3.42 billion, while economic fuel prices decreased by 15.8% to $2.39 per gallon [6]. Revenue Breakdown - Passenger revenues totaled $3.35 billion, while cargo and other revenues increased by 93% to $139 million. Loyalty program revenues grew by 21% year-over-year to $210 million [3]. - Revenue per available seat mile (RASM) fell by 3.3% to 15.39 cents, and yield decreased by 4% to 16.62 cents [4]. Capacity and Traffic - Consolidated traffic, measured in revenue passenger miles, grew by 31.8% to 20.17 billion, while capacity, measured in average seat miles, rose by 32.2% to 24.05 billion [5]. - The load factor decreased to 83.9% from 84.1% in the prior year, indicating that traffic growth did not keep pace with capacity expansion [5]. Liquidity and Debt - As of June 30, 2025, Alaska Air had $750 million in cash and cash equivalents, down from $1.04 billion in the previous quarter. Long-term debt increased to $4.44 billion from $4.29 billion [7]. - The debt-to-capitalization ratio stood at 60% at the end of the reported quarter [7]. Future Outlook - For Q3 2025, Alaska Air anticipates adjusted earnings per share in the range of $1.00-$1.40, with the Zacks Consensus Estimate at $1.55 per share. Available seat miles are expected to decrease by 1% year-over-year [8]. - The company projects adjusted earnings per share for 2025 to exceed $3.25, with available seat miles expected to increase by 2% from 2024 [9]. Estimate Revisions - There has been a downward trend in estimates, with the consensus estimate shifting down by 13.91% over the past month [10]. - Alaska Air currently holds a Zacks Rank 3 (Hold), indicating an expectation of in-line returns in the coming months [12]. Industry Comparison - Alaska Air is part of the Zacks Transportation - Airline industry, where Delta Air Lines (DAL) reported a slight revenue decline of 0.1% year-over-year, with an EPS of $2.10 compared to $2.36 a year ago [13].
Way Partners with Alaska Air Group to Power New "Atmos Rewards Unlocked" Loyalty Experiences
Prnewswire· 2025-08-20 13:00
Core Insights - Alaska Air Group has launched a new loyalty program called Atmos Rewards Unlocked, powered by Way, which allows customers to redeem points for over 100 exclusive experiences [1][3] - The partnership with Way enhances Alaska's digital ecosystem, providing a seamless interface for customers to explore experiences, make instant bookings, and participate in points-based auctions [1][2][4] - This initiative marks a significant shift in the airline industry towards experiential loyalty, aiming to deepen brand loyalty and create memorable travel experiences for customers [5][6] Company Overview - Alaska Air Group includes Alaska Airlines, Hawaiian Airlines, and Horizon Air, operating hubs in major cities across North America and planning to expand into Europe in 2026 [9] - The company is a member of the oneworld alliance, allowing customers to earn and redeem points for travel to over 1,000 destinations worldwide [9] - Alaska Air Group is publicly traded on the New York Stock Exchange under the ticker symbol "ALK" [9] Way's Role - Way is an experiential platform that integrates software, AI, and a global network of experience providers to enhance customer engagement for brands [6][7] - Founded in 2020, Way has quickly become a leader in providing transformative experiences, crucial for brands seeking new revenue streams [7][8] - The partnership with Alaska Air Group is Way's first in the airline sector, setting a new benchmark for experiential loyalty in the industry [5][10]
X @Bloomberg
Bloomberg· 2025-08-20 10:16
Loyalty Program Innovation - Alaska Air launched a new loyalty program featuring three options for earning award points, a first in the US airline industry [1]
Alaska Airlines teams up with T-Mobile to offer ultra-fast, free Wi-Fi to Atmos™ Rewards members
Prnewswire· 2025-08-20 10:00
Core Points - Alaska Airlines and T-Mobile are collaborating to enhance inflight connectivity by providing ultra-fast Wi-Fi for free to Atmos™ Rewards members on all flights starting in 2026 [1][2][3] - T-Mobile will serve as the presenting partner for this initiative, offering exclusive benefits to its customers, including a seamless, ad-free Wi-Fi log-on experience [2][3][8] - The rollout of the new Wi-Fi service will be fleetwide, including regional, narrowbody, and widebody aircraft, with completion expected by 2027 [3][4] Company Overview - Alaska Airlines is part of Alaska Air Group, which includes Hawaiian Airlines and Horizon Air, and operates globally with hubs in major cities across North America and plans to expand to Europe in 2026 [6] - T-Mobile US, Inc. is recognized for its advanced 4G LTE and nationwide 5G network, providing reliable connectivity and exceptional service to its customers [7] Loyalty Program - Atmos Rewards is an enhanced loyalty program that combines Alaska Airlines' Mileage Plan and Hawaiian Airlines' HawaiianMiles, offering members more choices and rewards [4][8] - Starting in 2026, Atmos Rewards members will have access to complimentary Wi-Fi on Starlink-equipped aircraft, further enhancing the travel experience [8]
Alaska Airlines selects Starlink, the fastest Wi-Fi in the sky, to launch new era of connectivity
Prnewswire· 2025-08-20 10:00
"We're thrilled to provide reliable high-speed internet on Alaska Airlines' flights," said Chad Gibbs, Vice President of Starlink Operations at SpaceX. "From gate to gate, Alaska's passengers will now experience the world's best inflight connectivity." Alaska's Starlink Wi-Fi: Fast, free, everywhere we fly Alaska is poised to offer the best inflight connectivity service from Seattle, delivering ultra-fast Starlink Wi-Fi on more departures from the carrier's largest hub than any other carrier. Building on Ha ...
Tomingley Exploration Intersects Significant Gold at El Paso
Globenewswire· 2025-08-18 10:21
Core Insights - Alkane Resources Limited has reported significant exploration results from its Tomingley Gold Operations in Central New South Wales, indicating potential for increased resource inventory and mine life [1][5][9]. Exploration Results - Drilling results include: - EPD016: 8.2 metres grading 3.74 g/t Au, with 1 metre grading 25.0 g/t Au [2][16]. - EPD017: 32.1 metres grading 1.65 g/t Au, with notable intervals of 4 metres grading 3.21 g/t Au and 14 metres grading 1.71 g/t Au [2][17]. - TORC007: 14 metres grading 0.58 g/t Au, including 5 metres grading 1.11 g/t Au [3][23]. - EPAC201: 12 metres grading 0.35 g/t Au, with 3 metres grading 0.93 g/t Au [4][31]. Project Overview - The Tomingley Gold Project (TGP) spans approximately 440 km² and includes both open pit and underground operations with a processing capacity of 1 Mtpa [9][10]. - The project has seen extensive exploration leading to the definition of mineral resources at the Roswell and San Antonio deposits, separate from the established resources at TGO [10][11]. Future Plans - A further 2,000 metres of diamond core drilling is planned to define exploration targets at the El Paso prospect [6][18]. - The upcoming exploration program includes high-resolution drone magnetic surveys and additional drilling across various prospects, totaling 6,000 metres [33][34]. Historical Context - The Tomingley Gold Operations have a history of significant gold production, with the historic workings indicating potential for high-grade ore shoots [28][29]. Mineral Resource Estimates - The total mineral resources at TGP include significant measured, indicated, and inferred resources, with ongoing updates expected in September 2025 [40][41].