The market expects Alaska Air Group (ALK) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, i ...

This season includes the busiest travel day of the year and emerging trends driven by popular cultural eventsSEATTLE, Oct. 8, 2024 /PRNewswire/ -- Alaska Airlines is revealing unique trends that are shaping the airline's bookings across its network this fall, including a rise in bookings to smaller, off-the-beaten path markets driven by guests seeking exclusive experiences. Alaska is prepared to welcome guests this season, which includes the busiest travel period of the year, with increased staffing, expand ...

Alaska Air Group’s (ALK) wholly owned subsidiary, Alaska Airlines, is set to enhance its network and connectivity as it launches five new nonstop routesbetween Las Vegas and both San Diego and Santa Rosa/Sonoma County, CA, and between Los Angeles and both Pasco, WA, and Reno, NV. The company is also resuming its nonstop service between Portland, OR, and Atlanta.With a view to expanding its presence on the West Coast, ALK has established two new flights from Los Angeles, providing the most daily flights to W ...

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 ...