Alaska Airlines will spread its wings by flying to Tokyo and Seoul beginning next year [Yahoo! Finance]
Alaska Air Group, Inc. (ALK)
Last alaska air group, inc. earnings: 1/28 04:01 pm
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Source: Yahoo! Finance
Alaska announced the new routes Tuesday as it raised its fourth-quarter outlook and publicized a plan to boost profit by $1 billion over three years. It said greater efficiency from combining with Hawaiian Airlines will save the company at least $500 million by 2027. Alaska also plans to introduce a new premium co-branded credit card; similar deals have been lucrative for other carriers. Alaska also announced a plan to spend $1 billion buying back its own stock, which makes investors' existing shares more valuable. Shares of Seattle-based Alaska Air Group jumped 14% in midday trading. The airline said Tuesday that it will begin flying between Seattle and Tokyo's Narita International Airport in May, and add service between Seattle and Seoul in October. Alaska said it plans to fly from Seattle to at least a dozen international destinations by 2030, using large jets owned by Hawaiian, which Alaska bought this year for $1 billion plus assumed debt. The airline said it expects
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News
- Alaska Air Group (ALK) Increases Yet Falls Behind Market: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Why Investors Need to Take Advantage of These 2 Transportation Stocks Now [Yahoo! Finance]Yahoo! Finance
- 25 top stocks to buy for up to 97% upside heading into 2025: UBS [Business Insider]Business Insider
- Buy, Sell, Or Hold Alaska Air Stock? [Forbes]Forbes
- Alaska Airlines selected to connect San Diego and Ronald Reagan Washington National Airport with nonstop servicePR Newswire
ALK
Earnings
- 10/31/24 - In-Line
ALK
Sec Filings
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- ALK's page on the SEC website