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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 Airlines creates Hawai'i Community Advisory Board to deepen local ties
Rhea-AI Summary
Alaska Airlines establishes the Hawai'i Community Advisory Board (HICAB) to strengthen its connection with local communities and to honor the legacy and significance of Hawaiian Airlines. The 16-member board, representing diversity in gender, ethnicity, and industry sectors, will provide feedback and recommendations on Alaska's business approaches and community investment needs in Hawai'i.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.22%
Tags
management
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News
Alaska Air Group reports fourth quarter and full year 2023 results
Rhea-AI Summary
Alaska Air Group Inc. (ALK) reported record annual operating revenue of $10.4 billion and a net loss for the fourth quarter of 2023. The company achieved an adjusted pretax margin of 7.5% and agreed to acquire Hawaiian Airlines for $18 per share in cash. Operational updates included new routes, aircraft sales, and environmental initiatives. The company also received an investment grade credit rating of 'Baa3' from Moody's Investors Service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.47%
Tags
earnings
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News
Alaska Air Group announces webcast of fourth-quarter 2023 financial results
Rhea-AI Summary
Alaska Air Group Inc. (ALK) will hold its quarterly conference call to discuss 2023 fourth quarter financial results on January 25, 2024. The webcast will be available to the public at www.alaskaair.com/investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
Tags
earnings
News
Alaska Airlines takes delivery of our first longer-range Boeing 737-8
Rhea-AI Summary
Alaska Airlines (ALK) welcomes delivery of the first Boeing 737-8 as part of its strategic fleet plan for future growth, with firm orders for 80 more 737 MAX aircraft and options for another 105. The airline plans to add 15-25 new Boeing aircraft annually from 2024 to 2027, with the first 737-10 scheduled for delivery in 2025. The new aircraft will enable Alaska Airlines to fly longer nonstop routes and maximize revenue potential, with plans to launch new nonstop Anchorage-New York JFK seasonal route in 2024. Alaska's regional carrier, Horizon Air, will add nine new Embraer E175s over the next three years. The airline is also investing $130 million to overhaul the cabins of its 737-800 aircraft for a more consistent guest experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
Tags
none
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News
Alaska Airlines begins flying nine new routes to popular vacation spots
Rhea-AI Summary
Alaska Airlines (ALK) has announced the start of nine new nonstop routes, including flights to the Bahamas and Guatemala, Las Vegas-Mexico service, and Palm Springs-New York JFK. The new flights cater to strong travel demand for leisure destinations and international getaways, with convenient flight schedules and expanded service to Latin America. Alaska Airlines offers a three-class cabin with award-winning service, inflight entertainment, and streaming-fast satellite Wi-Fi.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
Tags
none
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News
Alaska Airlines teams up with Best Day Brewing to add craft non-alcoholic beer to its premium beverage line-up
Rhea-AI Summary
Alaska Airlines (ALK) introduces Best Day Brewing Kölsch, a non-alcoholic beverage option on all flights. The beverage is low-calorie, non-GMO, Kosher, and vegan. Best Day Brewing Kölsch is complimentary in First Class and Premium Class, and available for purchase in the main cabin service on select flights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
none
News
Alaska Airlines and Hawaiian Airlines to Combine, Expanding Benefits and Choice for Travelers Throughout Hawai'i and the West Coast
Rhea-AI Summary
Alaska Air Group, Inc. (ALK) and Hawaiian Holdings, Inc. (HA) have entered into a definitive agreement under which Alaska Airlines will acquire Hawaiian Airlines for $18.00 per share in cash, for a transaction value of approximately $1.9 billion, inclusive of $0.9 billion of Hawaiian Airlines net debt. The combined company will unlock more destinations for consumers and expand choice of critical air service options and access throughout the Pacific region, Continental United States and globally. The transaction is expected to enable a stronger platform for growth and competition in the U.S., as well as long-term job opportunities for employees, continued investment in local communities and environmental stewardship.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
Alaska Airlines partners with CHOOOSE to empower guests to reduce emissions and support growth of the sustainable aviation fuel market
Rhea-AI Summary
Alaska Airlines (NYSE: ALK) partners with CHOOOSE to offer sustainability options for travelers. Guests can earn Elite-Qualifying Miles by purchasing sustainable aviation fuel credits or supporting nature-based climate projects. The partnership aims to help guests reduce their travel-related carbon emissions and contribute to their elite qualification for the new year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.55%
Tags
partnership
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News
Rose City meets Music City. Alaska Airlines adds new Portland-Nashville nonstop
Rhea-AI Summary
Alaska Airlines (ALK) announces the addition of a new nonstop route between Portland and Nashville, marking the 53rd nonstop destination from Portland. The daily, year-round flights will begin on March 14, 2024, offering convenient mid-morning and late afternoon departures. The airline aims to better connect the Pacific Northwest with new nonstops in their network, catering to the strong desire for easier travel between Portland and Nashville. Alaska Airlines has been the largest carrier in Portland for over 20 years, now serving more destinations nonstop from Portland outside of the Pacific Northwest than in 2019.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
Tags
none
News
Alaska Airlines celebrates enhanced partnership with Condor Airlines
Rhea-AI Summary
Alaska Airlines expands partnership with Condor Airlines through a bilateral codeshare agreement, allowing both airlines to sell each other's flights. Condor now markets and sells over 70 Alaska routes across the U.S., while Alaska markets and sells from Condor's 12 U.S. gateway cities to Frankfurt, Germany. The agreement offers a seamless travel experience for guests, simplifying ticketing, check-in, boarding, and baggage. Condor introduces the Airbus A330neo with a quiet cabin and three-class configuration on U.S.-Germany routes. Alaska plans to expand the codeshare to more destinations beyond Frankfurt.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.15%
Tags
partnership
Stock ALK logo
Alaska Air Group Inc.

NYSE:ALK

ALK Rankings

#1114 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