Company Performance - Alaska Airlines has shown a strong return to profitability post-COVID, with a focus on improving winter profitability [1] - The company experienced a significant milestone on September 18, 2024, marking a key achievement in its recovery [1] Industry Context - The airline industry continues to recover from the impacts of the COVID-19 pandemic, with companies like Alaska Airlines leading the way in profitability improvements [1] Analyst Perspective - The analysis provided is based on the author's independent research and opinions, without any financial interest in the mentioned companies [1]

Alaska Airlines, a subsidiary of Alaska Air Group, Inc. (ALK) , is gearing up to increase the connectivity of Oregon flyers. To this end, the airline company announced the addition of three new nonstop routes – Portland, OR - Houston, TX; Portland-Eugene, OR; and Medford, OR-San Diego, CA. All three routes will fly year-round and will be effective from May 15, 2025. Tickets for these are now available at alaskaair.com.The route specifications are mentioned below:Portland-Houston: With Houston being the curr ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Alaska Air Group (ALK) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Januar ...

We'll fly daily between Portland and Houston starting this spring along with two daily Portland-Eugene roundtrips and a new Medford-San Diego routeSEATTLE, Jan. 14, 2025 /PRNewswire/ -- Y'all, for the first time, Alaska Airlines is linking the Rose City to the largest city in Texas. We're adding a new daily, nonstop flight between Portland and George Bush Intercontinental Airport (IAH) in Houston starting May 15, 2025. We'll also resume twice-daily nonstop service between Portland and Eugene, Oregon, and of ...

Have you been paying attention to shares of Alaska Air Group (ALK) ? Shares have been on the move with the stock up 9% over the past month. The stock hit a new 52-week high of $69.1 in the previous session. Alaska Air Group has gained 5.3% since the start of the year compared to the -3.7% move for the Zacks Transportation sector and the 35.7% return for the Zacks Transportation - Airline industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't miss ...

SEATTLE, Jan. 8, 2025 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2024 fourth quarter financial results at 11:30 a.m. EDT/ 8:30 a.m. PDT, Thursday, January 23, 2025.  A webcast of the call will be available to the public at www.alaskaair.com/investors. An archive of the call will be posted on the website later that morning.About Alaska Airlines Alaska Air Group, Inc. is based in Seattle ...

Wall Street is coming off its best back-to-back years since 1997 and 1998. The outlook for impressive earnings growth and more Fed rate cuts in 2025 offers another bullish backdrop for investors.Every S&P 500 sector is projected to post earnings growth in 2025 for the first time since 2018.The bulls held their ground to start January, with buyers stepping up at the Nasdaq’s 50-day moving average.Given this backdrop, investors likely want to add to their portfolios to start 2025.Today we explore a screen tha ...

We'll offer the most nonstop destinations ever this summer from Alaska's largest city along with daily Portland-Fairbanks service; other new nonstops begin this week across our networkSEATTLE, Jan. 7, 2025 /PRNewswire/ -- For the first time this summer, Alaska Airlines is connecting Anchorage to both Detroit and Sacramento with seasonal nonstop flights, as well as resuming nonstop service between Fairbanks and Portland. Weekly, roundtrip flights to and from Detroit and Sacramento begin on June 14, 2025 – wh ...

U.S. stock markets witnessed an impressive rally in 2024 after an astonishing bull run in 2023. Following the 24.2% ascent in 2023, the S&P 500 rallied 23.3% last year. The benchmark jumped 53% in the last two years recording its best performance since the nearly 66% rally in 1997-98. The broad-market index posted 57 all-time highs in 2024. The Dow and the Nasdaq Composite rallied 12.9% and 28.6%, respectively, last year.However, Wall Street failed to maintain its momentum last month and ended mostly in neg ...

Alaska Air Group (ALK) is benefiting from its robust strategic plan, ‘Alaska Accelerate’, to boost its global connectivity, which is commendable. An uptick in air travel demand bodes well for the company. Due to these tailwinds, ALK shares have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, it’s time to do so.Let’s delve deeper.ALK’s Northward Earnings Estimate Revision: In the past 60 days, the Zacks Consensus Estimate for 2025 earnings has been r ...