NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- The State of Alaska, Department of Revenue (DOR), in collaboration with Saige Consulting (“Saige”), is excited to announce a new partnership aimed at modernizing the application process for the Alaska Permanent Fund Dividend. Established in 1976, the Alaska Permanent Fund was created to ensure that future generations would benefit from the state's natural resources long after they are depleted. This fund translates Alaska's natural resource revenues into annual di ...

The latest trading session saw Alaska Air Group (ALK) ending at $63.40, denoting a +1.33% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 0.38%. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq increased by 1.24%.The airline's shares have seen an increase of 15.96% over the last month, surpassing the Transportation sector's loss of 4.05% and the S&P 500's gain of 1.17%.Investors will be eagerly watching for th ...

A business update was the main news powering Alaska Air(ALK -1.34%) stock to a double-digit gain over the past few trading days. During the week, the carrier's shares rose by just over 15% in price, according to data compiled by S&P Global Market Intelligence.Accelerating into the futureOn Tuesday, Alaska unveiled its "Alaska Accelerate" three-year plan to make the airline conglomerate a more important player in the industry. The announcement came not long after the company closed its $1.9 billion acquisiti ...

Key TakeawaysAnalysts have lately raised their price targets for multiple U.S. airline operators, citing strong travel demand. Deutsche Bank said airlines are competing on service rather than price, which can be good for the sector as a whole. Alaska Airlines is Morgan Stanley's top airline for 2025 after it unveiled a strategic plan this week.Airline shares rose broadly on in recent trading Wednesday. Analysts are increasingly bullish on airlines going into 2025, with the major U.S. companies fighting to ...

Shares of Alaska Air Group, Inc. (ALK) performed exceedingly well on the bourse on Dec. 10, 2024, closing the trading session at $61.29 per share, up 13.16% from the previous day's closing. The upside was owing to the bullish financial outlook (which was boosted by rosy holiday travel demand), a share buyback announcement and upcoming growth plans, as revealed by the company at its Investor Day conference.Let’s delve deeper.ALK’s Bullish OutlookALK raises its fourth-quarter 2024 adjusted earnings per share ...

Alaska Air Group (ALK) shares rallied 13.2% in the last trading session to close at $61.29. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 4.5% gain over the past four weeks.The uptick was owing to the bullish guiance given by the company for fourth-quarter 2024 on strong holiday travel demand. The airline registered its biggest one-day gain in more than four years. ALK  now expects to report fourth-quarter ...

Dublin, Dec. 06, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: Alaska Air Group Inc. - 2024" company profile has been added to ResearchAndMarkets.com's offering. The report provides insights into the company's tech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, and investments. The report provides information and insights into Alaska Air's tech activities, including: Insights of its digital transformation strategies and in ...

Business is back to normal for Alaska Airlines after the airline experienced an information technology (IT) issue on Monday that disrupted bookings and delayed flights at Seattle-Tacoma International Airport (Sea-Tac), according to reports.  "This morning we experienced an IT issue that resulted in a significant disruption to our operation including delayed flights," a statement from the airline to local KIRO Newsradio said.The Seattle-based airline requested a brief ground stop at Sea-Tac Airport at 11:20 ...

Shares of Seattle, WA-based airline heavyweight Alaska Air Group (ALK) have had a good time on the bourses of late, improving in double-digits over the past three months. The encouraging price performance resulted in ALK outperforming its industry in the said time frame. Moreover, ALK’s price performance compares favorably with that of fellow U.S. airline operators Southwest Airlines Co. (LUV) and JetBlue Airways Corporation (JBLU) in the past three months.Three-Month Price ComparisonGiven the recent rally, ...

Alaska Air Group’s (ALK) wholly-owned subsidiary, Alaska Airlines, is set to enhance its services as it launches new nonstop routes from the West Coast to top winter destinations. Flights from Los Angeles to La Paz, Mexico, have already been launched.The remaining nine routes from the West Coast to various winter destinations will be launched in December. The December route additions include new connections from Fresno to Guadalajara and Boise to Bozeman.The new routes would make it easier for travelers to ...