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Alaska Air Group Inc. - ALK STOCK NEWS

Welcome to our dedicated news page for Alaska Air Group (Ticker: ALK), a resource for investors and traders seeking the latest updates and insights on Alaska Air Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Alaska Air Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Alaska Air Group's position in the market.

News
Alaska Air Group reports first quarter 2024 results
Rhea-AI Summary
Alaska Air Group reported record first quarter operating revenue of $2.2 billion and ratified a new agreement with AMFA-represented employees. Despite challenges from Flight 1282 and the Boeing 737-9 MAX grounding, the company exceeded expectations. Financially, the company received $162 million in compensation from Boeing, reported a net loss of $132 million, and repurchased shares worth $21 million. Operational updates include the approval of the Hawaiian Airlines acquisition and a collective bargaining agreement with Alaska Airlines employees. Commercially, partnerships with Bilt Rewards and growth plans out of Portland were announced.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.03%
Tags
earnings
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News
Alaska Air Group announces webcast of first-quarter 2024 financial results
Rhea-AI Summary
Alaska Air Group Inc. to discuss 2024 first quarter financial results in quarterly conference call on April 18, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
Tags
earnings
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News
Your Alaska Airlines Mileage Plan miles go farther with Global Getaways
Rhea-AI Summary
Alaska Airlines launches Global Getaways promotion offering up to 50% savings on award redemptions to select international destinations. Mileage Plan members can redeem miles for reduced travel from September through November. The promotion includes exotic beach escapes like Tahiti, Fiji, and the Maldives. Alaska Airlines also introduces new award charts for improved simplicity and value, providing more choices and additional flight availability with partner airlines.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
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none
News
Alaska Airlines deepens commitment to Bay Area with new nonstop service between Santa Rosa/Sonoma County and Las Vegas
Rhea-AI Summary
Alaska Airlines expands its service to the San Francisco Bay Area by offering nonstop flights between Sonoma County and Las Vegas. The airline will operate 13 peak day departures to seven nonstop destinations, including Los Angeles, Burbank, Orange County, Seattle, Portland, San Diego, and Las Vegas starting from October 1. The new route enhances connectivity and convenience for travelers, with a focus on providing premium service and unique experiences. Alaska Airlines also introduces the Wine Flies Free program for guests traveling to Sonoma, allowing Mileage Plan members to check an entire case of wine for free.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.53%
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none
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News
Introducing Alaska Access: A new subscription service by Alaska Airlines to save on travel planning and costs
Rhea-AI Summary
Alaska Airlines launches Alaska Access, a subscription program offering exclusive deals and discounts to travelers for just $5 per month. Subscribers receive monthly vouchers for inflight Wi-Fi, advanced alerts on fare sales, and a calendar view of lowest fares tailored to their favorite destinations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.54%
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none
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News
Alaska Airlines technicians vote YES on new contract
Rhea-AI Summary
Alaska Airlines' aircraft maintenance technicians represented by AMFA have ratified a new five-year contract with significant pay increases, retirement contributions, and quality of life improvements. CEO Ben Minicucci emphasizes the technicians' critical role in the company's success. The deal includes wage hikes, quality of life enhancements, and job security provisions, showcasing the importance of unity and negotiation strength. The contract, effective since October 17, 2023, aims to attract and retain skilled professionals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.07%
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none
News
Alaska Air Group to webcast J.P. Morgan Conference
Rhea-AI Summary
Alaska Air Group Inc. will webcast a fireside chat with CEO Ben Minicucci at the 2024 J.P. Morgan Industrials Conference. The webcast will be live-streamed on March 12, 2024, at 11:30 a.m. ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.85%
Tags
conferences
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News
Alaska Airlines adds exclusively brewed beer in unique can to premium beverage line-up
Rhea-AI Summary
Alaska Airlines partners with Fremont Brewing to offer 'Cloud Cruiser' IPA, a custom craft beer served onboard and in lounges. The IPA is exclusively brewed for Alaska, available in First and Premium Class, and for purchase in the Main Cabin. The collaboration aims to enhance the premium experience for passengers, showcasing Pacific Northwest brands' craftsmanship.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.73%
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none
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News
Alaska Air Group to webcast Citi Conference
Rhea-AI Summary
Alaska Air Group Inc. announces a fireside chat with CFO Shane Tackett at the Citi 2024 Global Industrial Tech and Mobility Conference. The company highlights its extensive network of destinations, premium flying experience, and loyalty program Mileage Plan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
conferences
News
Alaska Airlines better connects Portland with more flights to popular destinations
Rhea-AI Summary
Alaska Airlines is expanding its growth in Portland by adding over 20 daily departures to popular destinations, increasing capacity by 25%. The airline aims to provide guests with more travel options and convenience, emphasizing its premium travel experience with the most legroom in First Class and Premium Class, a generous loyalty program, and no change fees. Alaska Airlines also launched a new advertising campaign to showcase its products and services in key markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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none
Stock ALK logo
Alaska Air Group Inc.

NYSE:ALK

ALK Rankings

#1126 Ranked by Market Cap
#3842 Ranked by Stock Gains
N/A Ranked by Dividends

ALK Stock Data

5.13B
125.51M
0.44%
83.18%
4.78%
Scheduled Passenger Air Transportation
Transportation and Warehousing
Link
US
Seatac

About ALK

alaska airlines has been flying since 1932 and is notably recognized as a stand-out performer among domestic carriers in the united states. we provide an exceptional travel experience to our customers with an unwavering commitment to a safe and reliable operation and our award-winning customer service. we were born in a state where aviation is a way of life, not a choice, and where people help each other because they believe it's the right thing to do — not because they're supposed to. much has changed over the years, but our unique heritage continues to serve as our compass point — our own magnetic "north." our values have been a part of who we are since our early beginnings in the state of alaska. we believe this combination of pride in our heritage and passion for our shared values has led to our success in setting the standard for genuine and caring service. alaska airlines and our sister carrier, horizon air, together serve 90 destinations in the lower 48, alaska, hawaii, ca