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Stock impact report

Why Alaska Air Stock Surged 15% Higher This Week [Yahoo! Finance]

Alaska Air Group, Inc. (ALK) 
Last alaska air group, inc. earnings: 1/28 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.alaskaair.com/investors
Company Research Source: Yahoo! Finance
During the week, the carrier's shares rose by just over 15% in price, according to data compiled by S&P Global Market Intelligence Accelerating into the future On Tuesday, Alaska unveiled its "Alaska Accelerate" three-year plan to make the airline conglomerate a more important player in the industry. The announcement came not long after the company closed its $1.9 billion acquisition of Hawaiian Airlines in mid-September. Alaska said the anticipated $500 million in cost synergies from the deal will help it deliver profit margins of 11% to 13%, with per-share earnings climbing to $10 by 2027. Among other business-boosting measures, it will launch a new international gateway from its current primary hub, Seattle-Tacoma International Airport (Sea-Tac). Flights from Sea-Tac are to include nonstop routes to Tokyo and Seoul. The company also said it will roll out a premium credit card "with industry-leading benefits." Two pundits weigh in positively Several professional Alaska-w Show less Read more
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