Financial Modeling Prep·2026-01-09 20:05Core Insights - Alaska Air Group Inc. is a major American airline known for its customer service and operational efficiency, primarily connecting the Pacific Northwest and Alaska to over one hundred destinations [1] Stock Performance - Susquehanna set a new price target of $70 for Alaska Air, indicating a potential increase of approximately 39.89% from its trading price of $50.04 at the time [2] - Currently, Alaska Air's stock is priced at $49.15, reflecting a slight increase of 1.17% or $0.57, with a market capitalization of about $5.7 billion [2][6] - Over the past year, the stock has fluctuated between a high of $78.08 and a low of $37.63, with a trading volume of 618,605 shares on the NYSE [5][6] Strategic Developments - Alaska Air announced a significant purchase of over 105 Boeing 737-10 jets, valued at $17 billion, marking a strategic move for expansion and modernization [3][6] - This purchase is part of a broader initiative to support domestic manufacturing and modernize the air traffic control system, reflecting strong confidence in Boeing's manufacturing capabilities [4] - The order includes the largest ever for Alaska Air, along with additional purchases of five "787-10" Dreamliners, reinforcing its position in the competitive airline industry [4][5]