Alaska Air(ALK)

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Here's Why Alaska Air Group (ALK) Fell More Than Broader Market
ZACKS· 2025-04-07 23:20
The latest trading session saw Alaska Air Group (ALK) ending at $43.87, denoting a -1.3% adjustment from its last day's close. This move lagged the S&P 500's daily loss of 0.23%. At the same time, the Dow lost 0.91%, and the tech-heavy Nasdaq gained 0.1%.Shares of the airline have depreciated by 26.7% over the course of the past month, underperforming the Transportation sector's loss of 24.11% and the S&P 500's loss of 12.13%.Analysts and investors alike will be keeping a close eye on the performance of Ala ...
Alaska Air Group announces webcast of first-quarter 2025 financial results
Prnewswire· 2025-04-07 20:38
SEATTLE, April 7, 2025 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc., Hawaiian Airlines, Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2025 first quarter financial results at 11:30 a.m. EDT/ 8:30 a.m. PDT, Thursday, April 24, 2025. A webcast of the call will be available to the public at www.alaskaair.com/investors. An archive of the call will be posted on the website later that morning.The company will file its first-quarter res ...
Alaska Airlines to Launch New Flights for Boosting Connectivity
ZACKS· 2025-03-31 14:05
A long-haul, widebody Airbus A330-200 aircraft will operate on the route. The Pacific Northwest will be linked to South Korea via this route as Alaska Air develops the Seattle hub into a new global gateway. The carrier aims to serve at least 12 nonstop international destinations with widebody aircraft from Seattle by 2030. Daily flights between Seattle and Tokyo Narita will commence on May 12. The company's Seattle hub is the largest airline hub on the West Coast, serving more than 100 nonstop destinations ...
Alaska Airlines names new Vice President of Brand & Marketing
Prnewswire· 2025-03-18 15:00
Industry Veteran Eric Edge to Lead Brand Strategy and Marketing for Combined AirlineSEATTLE, March 18, 2025 /PRNewswire/ -- Alaska Airlines today announced the appointment of Eric Edge as Vice President of Brand & Marketing for both the Alaska Airlines and Hawaiian Airlines brands. In this role, Edge will oversee the marketing strategy that will deliver on the combined airline's long-term vision of connecting guests to the world with a remarkable travel experience rooted in safety, care and performance. ...
Why Alaska Air Group Stock Slipped This Week
The Motley Fool· 2025-03-14 19:29
Group 1: Company Performance - Alaska Air Group's stock fell as much as 13.7% this week, now down around 30% from recent highs earlier this year [1] - Total revenue grew 13% year over year to $11.7 billion, with premium and first-class cabin revenue increasing by 10% in the fourth quarter [5] - The company plans to grow its flight capacity by 2%-3% in 2025 compared to 2024, depending on Boeing deliveries [6] Group 2: Industry Outlook - Delta Air Lines forecasted a revenue slowdown for Q1 2025, reducing guidance from 7%-9% to 3%-4% due to falling corporate confidence and consumer trends [3] - Economic downturns can significantly impact the airline sector's profitability, leading to concerns about earnings power [2][3] - Most airline stocks, including Alaska Air Group, experienced a sell-off following Delta's announcement [4] Group 3: Strategic Positioning - Alaska Air Group is closing in on 10% market share in the U.S. when combined with Hawaiian Airlines, indicating strong market positioning [6] - The acquisition of Hawaiian Airlines is part of Alaska's strategy to build a premium airline presence on the West Coast and Pacific Ocean [5]
Alaska Air Group: A High-Flying Bargain
Seeking Alpha· 2025-03-11 07:44
Group 1 - The article discusses how SkyWest has successfully navigated industry challenges through a smart business model [1] - Nabeel Bukhari, a law graduate with expertise in financial analysis, provides insights into business dynamics by combining legal knowledge with financial insights [1] Group 2 - The article emphasizes the importance of integrating legal and financial perspectives in understanding business operations [1]
Here's Why Investors Should Retain Alaska Air Stock Now
ZACKS· 2025-03-04 15:15
Alaska Air Group (ALK) is benefiting from an increased air travel demand scenario. The company’s labor-friendly approach is encouraging. However, ALK is grappling with high operating expenses and weak liquidity.Factors Favoring ALKThe uptick in air travel demand is boosting ALK's top line, with consolidated traffic (measured in revenue passenger miles) rising 35% to 19.1 billion in the fourth quarter of 2024. To meet this surge in demand, capacity (measured in available seat miles) grew 33% to 17.1 billion. ...
Flight Attendants of Alaska Air Vote in Favor of 3-Year Labor Deal
ZACKS· 2025-03-03 16:20
Core Points - Alaska Airlines' flight attendants approved a three-year deal that includes wage increases, boarding pay, and retroactive pay, with 95% of participating attendants voting in favor [1][2] - The new contract, effective from March 2, 2025, allows for immediate pay increases ranging from 18.6% to 28.3%, along with other benefits [2] - The previous contract became amendable in December 2022, and the new agreement follows intense negotiations [3] Company Performance - Alaska Air Group's shares have increased by 96.1% over the past year, significantly outperforming the Zacks Transportation-Airline industry [5] - The airline industry is currently experiencing a labor shortage, which has increased the bargaining power of flight attendants and pilots due to strong air travel demand [7] Industry Context - Other airlines, such as American Airlines, United Airlines, and Delta Air Lines, have also ratified significant contracts for their pilots, with pay increases ranging from 21% to 40.2% over various contract durations [8][9]
Alaska Airlines flight attendants vote YES on new contract
Prnewswire· 2025-02-28 21:30
SEATTLE, Feb. 28, 2025 /PRNewswire/ -- Alaska Airlines' more than 6,900 flight attendants, who are represented by the Association of Flight Attendants (AFA), have ratified a new three-year contract. The agreement includes significant improvements including increased pay (including boarding and a ratification payment), greater flexibility and scheduling enhancements, better benefits and more. An Alaska Boeing 737-8 aircraft. This is the eighth ratified labor contract between an Alaska Air Group company ...
Alaska Air (ALK) Up 9.5% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-02-21 17:35
A month has gone by since the last earnings report for Alaska Air Group (ALK) . Shares have added about 9.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Alaska Air due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Earnings Beat at Alaska Air in Q4Alaska Air repo ...