Core Insights - Alaska Airlines has fully integrated its cargo operations with Hawaiian Airlines following the acquisition in September 2024, utilizing combined booking systems and a unified sales approach to expand internationally for the first time [1] Financial Performance - Alaska Air Group reported a cargo revenue increase of 11% year over year to $146 million in Q4, with full-year cargo revenue reaching $549 million, up 19% year over year [2] - Legacy Hawaiian operations saw an 11.6% revenue increase, while legacy Alaska Airlines Cargo revenue grew by 5% [2] Operational Developments - The integration of cargo systems and teams was completed in January, enhancing cargo performance and margins while creating new growth opportunities [3] - Alaska Airlines has begun operating from its Seattle hub to Tokyo and Seoul, adding Boeing 787-9 Dreamliners to increase passenger and cargo capacity [4] Future Expansion Plans - The company plans to launch cargo operations to London Heathrow and Rome in spring, with passenger service utilizing Boeing 787-9 jets acquired from the Hawaiian deal [5] - Alaska Airlines has introduced the GoldStreak package express shipping service in the Hawaiian Islands, offering guaranteed next-available flight service for urgent shipments [6] International Strategy - The merger allows Alaska Airlines to offer shipping services to global freight forwarders for the first time, with plans to funnel cargo from Europe to its new footholds [7]