Alaska Air shares soar on strong profit forecast [Yahoo! Finance Canada]
Alaska Air Group, Inc. (ALK)
Last alaska air group, inc. earnings: 1/28 04:01 pm
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US:NYSE Investor Relations:
investor.alaskaair.com/investors
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Source: Yahoo! Finance Canada
The Seattle-based airline cited robust travel demand and improved pricing as tailwinds heading into 2025. Alaska Air - which is hosting its 2024 investor day on Tuesday - forecast next year's profit above analysts' estimates. An excess capacity of seats at the start of the summer had forced U.S. carriers to offer discounts, which hurt margins. Airlines have since reduced their capacity and strengthened their pricing power. Alaska Air also expects to benefit from its recently completed acquisition of rival Hawaiian Airlines, giving the company greater scale. To expand its global presence, Alaska Air announced new non-stop services to Tokyo and Seoul using Hawaiian Airlines' widebody aircraft. Recommended Stories
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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