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Alaska Airlines partners with James Beard award-winning chef to reimagine First Class menu
Prnewswire· 2024-08-12 12:00
Starting Aug. 14, guests will be able to preorder from the special menu, which features a series of Chef Jew's signature dishes, including his take on the classic Chinese breakfast porridge known as congee, black cod cooked to perfection with a side of silken tofu and tender slow-braised duck served with savory sesame egg noodles. We're using the same high-quality poultry from Liberty Farms in Sonoma County that is featured at Mister Jiu's as their trademark Peking Style Whole Roast Duck, as well as other M ...
Alaska Airlines Renews Partnership with Air Space Intelligence, Solidifying Commitment to AI-Powered Innovation & Driving Fuel Efficiency Goals
Prnewswire· 2024-08-09 13:00
For the last four years, Alaska has utilized ASI's Flyways AI platform and the Dispatch application in their Network Operations Center. Dispatchers use Flyways to help them optimize flight routes, reduce fuel consumption and carbon emissions, as well as improve on-time arrivals. On average Flyways AI has presented optimization opportunities for 55 percent of Alaska's flights and delivered three to five percent fuel savings and emissions reductions for flights longer than four hours. Specifically last year, ...
Here's Why You Should Retain Alaska Air Group (ALK) Stock Now
ZACKS· 2024-08-08 15:21
Alaska Air Group’s (ALK) top line is bolstered by strong air travel demand. The company’s efforts to expand and reward its shareholders are praiseworthy. However, elevated operating expenses and weak liquidity are hurting the company’s prospects.Factors Favoring ALKUpbeat air travel demand bodes well for ALK as it delivered a robust top-line performance in the second quarter of 2024. In this quarter, Alaska Air saw a 2% increase in Revenue Passenger Miles (RPMs) and a 6% increase in capacity, measured in av ...
Alaska Air(ALK) - 2024 Q2 - Quarterly Report
2024-08-02 21:16
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 June 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, Sea ...
Is Most-Watched Stock Alaska Air Group, Inc. (ALK) Worth Betting on Now?
ZACKS· 2024-08-02 14:01
Alaska Air Group (ALK) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this airline have returned -9.8% over the past month versus the Zacks S&P 500 composite's -0.4% change. The Zacks Transportation - Airline industry, to which Alaska Air belongs, has lost 47.8% over this period. Now the key question is: Where could the stock be headed in the near term?Although media ...
New Strong Sell Stocks for July 23rd
ZACKS· 2024-07-23 11:25
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Alaska Air Group, Inc. (ALK) is an airline company which provides passenger and cargo air transportation services. The Zacks Consensus Estimate for its current year earnings has been revised 3.4% downward over the last 60 days.HF Sinclair Corporation (DINO) is an independent energy company. The Zacks Consensus Estimate for its current year earnings has been revised 28.1% downward over the last 60 days.Ironwood Pharmaceuticals, Inc. (I ...
3 Airline Stocks With New Post-Earnings Setups
Schaeffers Investment Research· 2024-07-18 19:38
Airline stocks have had a rough go of it in the earnings confessional this monthAirline stocks are always in focus as summer travel season picks up, even more so with earnings season in high gear. With this volatility in mind, how are some of the heavy hitters faring after their turn in the quarterly confessional?Delta Air Lines, Inc. (NYSE:DAL) stock is down 2.2% to trade at $44.80 at last glance, and has now shaved 16.8% off its May 13 three-year high of $53.86. The shares dropped 4% on July 11 after the ...
Alaska Air(ALK) - 2024 Q2 - Earnings Call Transcript
2024-07-18 19:05
Alaska Air Group, Inc. (NYSE:ALK) Q2 2024 Earnings Conference Call June 18, 2024 11:30 AM ET Company Participants Ryan St. John - Vice President, Finance, Planning and IR Ben Minicucci - President and CEO Andrew Harrison - Chief Revenue Officer and CCO Shane Tackett - Chief Financial Officer Conference Call Participants Jamie Baker - JPMorgan Duane Pfennigwerth - Evercore ISI Scott Group - Wolfe Research Andrew Didora - BofA Global Research Dan McKenzie - Seaport Global Ravi Shanker - Morgan Stanley Conor C ...
Alaska Air (ALK) Q2 Earnings Top Estimates, Revenues Lag
ZACKS· 2024-07-18 18:36
Alaska Air Group, Inc. (ALK) reported second-quarter 2024 earnings per share (EPS) of $2.55, which outpaced the Zacks Consensus Estimate of $2.36. Earnings decreased 15% on a year-over-year basis.Operating revenues of $2.89 billion missed the Zacks Consensus Estimate of $2.94 billion. The top line jumped 2% year over year, with passenger revenues accounting for 91.5% of the top line and increasing 2% owing to continued recovery in air-travel demand.Passenger revenues totaled $2.651 billion in the reported q ...
Alaska Air(ALK) - 2024 Q2 - Earnings Call Presentation
2024-07-18 15:51
ALASKA AR GROUP 02 2024 Earnings Alaska U Safe Harbor This presentation may contain forward-looking statements subject to the safe harbor protection provided by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995. These statements relate to future events and involve known and unknown risks and uncertainties that may cause actual outcomes to be materially different from those indicated by our forward-locking s ...