Streetbeat News

ALK

Alaska Air Group, Inc.

https://www.alaskaair.com

Industry

Airlines, Airports & Air Services

Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates through three segments: Mainline, Regional, and Horizon. It flies to approximately 120 destinations throughout North America. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.

Open

52.93

Mkt cap

6.8B

Volume

1.8M

High

54.00

P/E Ratio

21.00

52-wk high

54.00

Low

52.93

Div yield

N/A

52-wk low

32.00

Hawaiian Holdings and Alaska Airlines have agreed with the DOJ to extend the review period for their agreement until August 16, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:48 am

Alaska Airlines has partnered with Portland International Airport for the grand opening of its newly renovated terminal, which has been years in the making.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:12 am

On August 13, Alaska Airlines (ALK) and Hawaiian Airlines agreed with the Department of Justice (DoJ) to further extend the review period until August 16, 2024. Both airlines continue to cooperate with the DoJ in this review process.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 10:09 am

Alaska Airlines has announced an investment in JetZero, a company developing a new blended-wing body aircraft that promises up to 50% less fuel burn and lower emissions. This investment aligns with Alaska Airlines' commitment to advancing technology for a sustainable aviation future.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:11 pm

Alaska Airlines has renewed its partnership with Air Space Intelligence to enhance AI-driven flight operations. This move reinforces the airline's commitment to fuel efficiency and sustainability as part of its long-term goal to achieve net zero emissions.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:06 pm

The NTSB has criticized Boeing for safety lapses related to unauthorized production work, leading to a mid-air emergency involving an Alaska Air Boeing 737 MAX 9. The FAA has intensified its scrutiny of Boeing, including unannounced audits and increased oversight. Boeing shares are trading lower premarket. The FAA has 16 open enforcement actions against Boeing and has proposed additional maintenance checks for some 787 Dreamliners. Investors can gain exposure to Boeing via IShares U.S. Aerospace & Defense ETF and First Trust Indxx Aerospace & Defense ETF.

Portfolio Pulse from Lekha Gupta

August 08, 2024 | 9:41 am

NTSB Chair Homendy has stated that Boeing has significant improvements to make in its safety culture. Additionally, the NTSB and Boeing have been unable to determine who removed a door plug from an Alaska Airlines 737 MAX 9.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 7:13 pm

Alaska Airlines has issued a statement regarding the NTSB hearing this week, expressing full confidence in the safety of their operations and aircraft.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 4:52 pm

The Biden administration has proposed a new rule to ban airlines from charging fees for seating families together. This rule, proposed by the U.S. Department of Transportation, aims to make flying with young children more affordable by eliminating extra seating fees. The rule would impact several airlines, with some already complying voluntarily and others still charging these fees.

Portfolio Pulse from Michael Juliano

August 01, 2024 | 7:01 pm

Alaska Airlines and Hawaiian Airlines have agreed with the Department of Justice (DoJ) to extend the review period for their merger until August 15, 2024. This extension follows their substantial compliance with the DoJ's request for additional information.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:18 am

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