Odysee is an innovative, new flight schedule optimization software platform that leverages AI and big data to optimize asset configuration for the airline industry and other logistics operators BENTONVILLE, Ark., Oct. 2, 2024 /PRNewswire/ -- One year after announcing their partnership to solve business challenges through innovation, Alaska Airlines and UP.Labs, have officially announced their first new startup, Odysee, at the UP.Summit. Odysee, which launched with $5M in seed funding led by UP.Partners, is ...

SEATTLE, Oct. 1, 2024 /PRNewswire/ -- Alaska Air Group, Inc. (the "Company") today announced the pricing of the previously announced private offering (the "Offering") of (i) $625 million aggregate principal amount of 5.021% Senior Secured Notes due 2029 and $625 million aggregate principal amount of 5.308% Senior Secured Notes due 2031 (the "Notes") by AS Mileage Plan IP, Ltd. ("Loyalty Issuer"), an exempted company incorporated with limited liability under the laws of the Cayman Islands and an indirect, wh ...

Alaska expands presence in California with three new routes, connecting Pasco, Washington, with Los Angeles, and adds a new nonstop flight between Portland and AtlantaSEATTLE, Oct. 1, 2024 /PRNewswire/ -- Alaska Airlines is kicking off five new nonstop routes. Beginning today, guests can travel between Las Vegas and both San Diego and Santa Rosa/Sonoma County, and between Los Angeles and both Pasco, Washington, and Reno. We're also resuming our nonstop service between Portland and Atlanta."Travel demand con ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...

SEATTLE, Sept. 30, 2024 /PRNewswire/ -- Alaska Air Group, Inc. (the "Company") today announced that it has launched a private offering (the "Offering") of senior secured notes due 2029 and senior secured notes due 2031 (together, the "Notes") by AS Mileage Plan IP Ltd. ("Loyalty Issuer"), an exempted company incorporated with limited liability under the laws of the Cayman Islands and an indirect, wholly-owned subsidiary of the Company.The Notes will be (i) fully and unconditionally guaranteed on a senior se ...

The most recent trading session ended with Alaska Air Group (ALK) standing at $45, reflecting a +1.24% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.13% loss on the day. Meanwhile, the Dow experienced a rise of 0.33%, and the technology-dominated Nasdaq saw a decrease of 0.39%.Coming into today, shares of the airline had gained 24.16% in the past month. In that same time, the Transportation sector gained 3.1%, while the S&P 500 gained 2.43%.Market participants will be ...

The U.S. stock market has experienced a remarkable 21-month rally, with no signs of slowing down. Despite September historically being a weak month for Wall Street, major indexes have stayed in the green, suggesting strong momentum. With the Fed's recent 50 basis point rate cut — the first since March 2020 — investors are positioned to benefit from a more favorable borrowing environment, bolstering market confidence.In this low-interest-rate climate, "relative price strength" has emerged as a smart investme ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Alaska Air Group (ALK) .Alaska Air currently has an average brokerage reco ...

Alaska Air Group (ALK) is benefiting from an uptick in air travel demand (particularly on the leisure front). The upsurge in passenger volumes makes the ALK stock an attractive investment opportunity currently.Let’s delve deep to unearth the factors working in favor of this Zacks Rank #1 (Strong Buy) stock.Northward Earnings Estimates: The Zacks Consensus Estimate for current-quarter and current-year earnings has been revised upward 25.8% and 13.8%, respectively, in the past 60 days. Such favorable estimate ...

Alaska Air Group (ALK) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this airline, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revision ...