Here's Why Investors Should Retain Alaska Air Stock Now
Alaska Air Group (ALK) is benefiting from an increased air travel demand scenario. The company’s labor-friendly approach is encouraging. However, ALK is grappling with high operating expenses and weak liquidity.Factors Favoring ALKThe uptick in air travel demand is boosting ALK's top line, with consolidated traffic (measured in revenue passenger miles) rising 35% to 19.1 billion in the fourth quarter of 2024. To meet this surge in demand, capacity (measured in available seat miles) grew 33% to 17.1 billion. ...