Alaska Air(ALK)

Search documents
Alaska Airlines wins 2024 Business Traveler Award for Best Inflight Food & Beverage
Prnewswire· 2024-11-22 15:00
The honor recognizes recent significant investments in our inflight culinary experienceSEATTLE, Nov. 22, 2024 /PRNewswire/ -- Alaska Airlines is proud to be named the winner of the 2024 Business Traveler North America Award for Best Inflight Food & Beverage. This recognition celebrates our commitment to elevating the culinary experience with an innovative and thoughtful approach to crafting premium meal and beverage offerings for every guest, regardless of where they sit. Alaska Airlines is proud to be ...
Alaska Airlines launches new service from West Coast cities to top winter destinations starting today
Prnewswire· 2024-11-20 13:00
This winter, we're enhancing connectivity to exciting nonstop destinations for adventure and warmthSEATTLE, Nov. 20, 2024 /PRNewswire/ -- Alaska Airlines is ready to connect guests from key West Coast cities to vibrant destinations across North and Latin America this winter with ten exciting nonstop routes.Starting today, guests can travel between Los Angeles and La Paz, Mexico, solidifying our position as the #1 U.S.-based carrier with the most flights from the West Coast to the most destinations in Mexico ...
Here's Why Investors Should Retain Alaska Airlines Stock Now
ZACKS· 2024-11-18 15:00
Alaska Air Group’s (ALK) wholly owned subsidiary, Alaska Airlines, is benefiting from an increased air travel demand scenario. The company’s proactive efforts to expand its network are praiseworthy. 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 by 8% to 16.97 billion in the third quarter of 2024. To meet this surge in demand, capac ...
Alaska Airlines announces leadership promotions across key functions of new combined organization
Prnewswire· 2024-11-13 16:00
These leaders and their new Alaska Airlines leadership roles are: Natalie Bowman, vice president of digital experience Cameron Cloar-Zavaleta, vice president of legal Megan Ouellette, vice president of public and government affairs Alexa Rudin, vice president of communications Todd Traynor-Corey, vice president of guest products & experience "Our company is positioned for continued growth and success in the years ahead, and I am extremely grateful for the entire team that got us to this point and who wil ...
Alaska Airlines unveils suite of elevated West Coast offerings debuting this fall
Prnewswire· 2024-11-13 13:00
Starting this fall, guests will enjoy Lagunitas Hoppy Refresher, a non-alcoholic sparkling water with a refreshing hoppy kick; Straightaway Nitro Espresso Martini made with Stumptown Coffee Roasters for a smooth, inflight indulgence; a Filson blanket for our First Class guests to enjoy top-tier comfort mid-air; and Salt & Stone amenities for guests in our Lounges and on board to refresh and rejuvenate. "Our guests value unique, high-quality experiences, and these new products allow us to elevate their journ ...
ALK licenses rights to neffy®, the first approved adrenaline nasal spray for emergency treatment of allergic reactions (anaphylaxis)
GlobeNewswire News Room· 2024-11-09 22:30
Core Insights - ALK has entered into a strategic license agreement with ARS Pharmaceuticals for exclusive global rights to the neffy® adrenaline nasal spray, excluding the USA, Australia, New Zealand, Japan, and China, aligning with ALK's Allergy+ strategy and long-term financial goals [1][3][9] Product and Market Potential - neffy® is the first approved needle-free emergency treatment for anaphylaxis, with market authorization granted in the EU and the US in August 2024, and plans for Canadian regulatory submission by the end of 2024 [2][17] - The agreement allows ALK to explore future indications, including acute urticaria flares, with a Phase IIb clinical trial planned for 2025 [4][9] - ALK aims to launch neffy® in Europe and Canada, which are the second and third largest adrenaline autoinjector markets, leveraging existing sales channels [5][7] Financial Implications - ALK will pay an upfront fee of USD 145 million (DKK 1 billion) to ARS Pharma, with potential additional payments of up to USD 320 million (DKK 2.2 billion) based on regulatory and commercial milestones over the next 15+ years [10][11] - The long-term annual peak sales potential for neffy® in anaphylaxis is estimated at up to DKK 3 billion in the licensed territories, with additional upside from new indications [9][12] - The agreement is expected to contribute to revenue growth starting in 2025, with an initially limited impact but projected to be earnings accretive within a few years [12][13] Strategic Alignment - The deal supports ALK's strategy to establish a leading position in anaphylaxis and related disease areas, enhancing its existing portfolio of allergy treatments [3][8] - ALK will continue to market its adrenaline autoinjector Jext® while developing a next-generation autoinjector through its Genesis project [8][9]
Alaska Air(ALK) - 2024 Q3 - Quarterly Report
2024-11-08 00:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8957 ALASKA AIR GROUP, INC. Delaware 91-1292054 (State of Incorporation) (I.R.S. Employer Identification No.) 19300 International Boulevard ...
Alaska Air Q3 Earnings & Revenues Surpass Estimates, Rise Y/Y
ZACKS· 2024-11-01 18:10
Alaska Air Group, Inc. (ALK) reported solid third-quarter 2024 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Quarterly earnings per share (EPS) of $2.25 outpaced the Zacks Consensus Estimate of $2.20 and improved 22.9% on a year-over-year basis. The reported figure met the higher end of the guided range of $2.15-$2.25.Find the latest EPS estimates and surprises on ZacksEarnings Calendar.Operating revenues of $3.07 billion beat the Zacks Consensus Estimate of $2.98 billi ...
Alaska Air (ALK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-31 16:00
Alaska Air Group (ALK) reported $3.07 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 8.2%. EPS of $2.25 for the same period compares to $1.83 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.99 billion, representing a surprise of +2.84%. The company delivered an EPS surprise of +2.27%, with the consensus EPS estimate being $2.20.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...
Alaska Air(ALK) - 2024 Q3 - Quarterly Results
2024-10-31 12:55
Exhibit 99.1 October 31, 2024 Media contact: Investor/analyst contact: Media Relations Ryan St. John (206) 304-0008 VP Finance, Planning and Investor Relations ALKInvestorRelations@alaskaair.com Alaska Air Group reports third quarter 2024 results Completed acquisition of Hawaiian Airlines Led the industry in adjusted pretax margin SEATTLE — Alaska Air Group (NYSE: ALK) today reported financial results for the third quarter ending September 30, 2024. Air Group closed out a strong third quarter, generating GA ...