Shares of Seattle, WA-based airline heavyweight Alaska Air Group, Inc. (ALK) have not had a good time on the bourses of late, declining in double-digits over the past 90 days. The disappointing price performance resulted in ALK underperforming its industry in the said time frame as well as the S&P 500, of which the airline is a key member. However, ALK’s price performance compares favorably with that of fellow U.S. airline operators United Airlines (UAL) and Delta Air Lines (DAL) in the same time frame.Thre ...

Alaska Air Group (ALK) closed at $35.28 in the latest trading session, marking a -1.23% move from the prior day. This move lagged the S&P 500's daily loss of 0.32%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.85%.Shares of the airline witnessed a loss of 9.48% over the previous month, trailing the performance of the Transportation sector with its loss of 1.39% and the S&P 500's gain of 1.52%.Investors will be eagerly watching for the performance of Alaska Air Group in its upcoming ea ...

Alaska Air Group Inc (NYSE:ALK) and Hawaiian Holdings, Inc. (NASDAQ:HA) are moving in different directions this morning after their ongoing acquisition talks cleared the U.S. Justice Department. The U.S. Transportation Department now must approve the $1.9 billion deal, which would result in the largest merger of carriers the country has seen since Alaska and Virgin America eight years ago.Hawaiian stock is taking flight, up 11.6% at $17.72 at last glance and trading at its highest level in more than years. ...

A month has gone by since the last earnings report for Alaska Air Group (ALK) . Shares have lost about 5.2% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Alaska Air due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Earnings Beat at Alaska Air in Q2Alaska Air repor ...

Alaska Air Group Inc. ALK stock just hit a technical milestone that no investor wants to see: a Death Cross.This ominous indicator occurs when the 50-day simple moving average (SMA) crosses below the 200-day SMA, signaling a potential continuation of the stock's downward trajectory. Alaska Air stock is already down 7.93% year-to-date and 20.83% over the past year, and this latest development could mean the skies are about to get even rougher. Chart created using Benzinga ProRough Skies: The Technical Pictur ...

Alaska Air Group’s (ALK) wholly owned subsidiary, Alaska Airlines, is making an investment in JetZero, a pioneering company developing a new blended-wing body or BWB aircraft designed to reduce fuel burn by up to 50% and significantly lower emissions.JetZero's BWB aircraft features an integrated wing-fuselage design that significantly reduces aerodynamic drag, potentially cutting fuel consumption by 50% compared to traditional designs. This reduction in fuel use can lower carbon emissions and operating cost ...

An Alaska Airlines Boeing 737-900ER aircraft on the tarmac at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Monday, Jan. 22, 2024.Alaska Airlines flight attendants rejected a new labor deal that would have come with immediate raises averaging more than 24%, their union said Wednesday, setting both sides up for more talks as a merger with Hawaiian Airlines looms.The union and the company had reached a tentative "record" agreement in June, which included boarding pay, as well as ba ...

"As our second largest hub, Portland is an essential part of Alaska's future. Our deep collaboration and joint investment with the Port of Portland on this new world-class terminal highlights our focus on improving how our guests travel," said Shane Jones, senior vice president of fleet, revenue products and real estate at Alaska Airlines.  "With nearly 90% of our passengers now checking in before they arrive at the airport, we've launched our lobby of the future experience in Portland which simplifies drop ...

JetZero's pioneering blended wing body aircraft contributes to aviation's sustainability journey with significant improvements in fuel efficiency SEATTLE, Aug. 13, 2024 /PRNewswire/ -- Alaska Airlines announced today an investment in JetZero, a pioneering company developing a new blended-wing body (BWB) aircraft that will provide up to 50% less fuel burn and lower emissions. The investment reflects Alaska's commitment to advance new technology that will benefit the future of aviation, including those that e ...

Alaska Air Group’s (ALK) wholly owned subsidiary, Alaska Airlines, renewed its partnership with Air Space Intelligence or ASI, the creator of Flyways. This renewal strengthens the airline’s commitment to using innovative technology, including artificial intelligence (AI), to optimize operations and boost fuel efficiency. This initiative supports Alaska Airlines' sustainability goals and long-term path to achieving net-zero carbon emissions.For the past four years, Alaska Airlines has used ASI's Flyways AI p ...