Alaska Air

SOMETIME THIS WEEK: Two Washington companies are expected to go public this week: Bellevue-based Smartsheet, which makes project tracking and workflow software, and Vancouver-based nLight, a maker of semiconductor and fiber lasers for industrial companies. TODAY: Alaska Airlines reports its ...

Alaska Air Group is reducing Virgin America flights for three days next week as it folds the California airline's passenger service systems into Alaska's. Alaska will pull the switch April 25 and port all Virgin systems and technology into the Alaska Airlines passenger service system. If all goes well, passengers ...

“The integration of Virgin America into Alaska Air Group has gone smoothly,” Becker wrote in a report. “However, given the focus the company has put on the integration, they have lost their mojo. When investors think about Alaska Air Group, they think about clean execution, above-average returns and ...

Alaska Airlines is the third major airline, after United and Delta, to start getting tough on passengers who want to bring "emotional support" animals into the cabin. Alaska said that customers who buy tickets starting May 1 and want to bring "emotional support or psychiatric service animals" on the plane with ...

Alaska Air Group CEO Brad Tilden on Monday explained new efforts the airline has launched to help prevent and address sexual harassment and misconduct. Last fall, SeaTac-based Alaska made a public commitment to "do our part to address sexual misconduct that can occur onboard aircraft," Tilden ...

Partnering with other airlines has been an important part of Alaska Air's (NYSE:ALK) strategy for many years. This strategy has included working with domestic competitors, but also with a sizable collection of international carriers. Alaska Airlines' historical position as the dominant airline in Seattle made it ...

One of the best things about Alaska Airlines is its partnership program with with a diverse list of international carriers that allow Mileage Plan members to earn or burn miles at decent rates. This week it picked up its 16th powerful partner, Ireland's Aer Lingus.

Alaska Air Group has reported a 7.9 percent traffic increase on a nine percent capacity increase for February, compared to the same month year-on-year. On a combined basis for all operations and compared to February 2017, load factor decreased 0.8 points to 79.4 percent, the Group said. It was reporting ...

An Alaska Airlines first officer has filed a lawsuit accusing the airline of mishandling her complaint after an Alaska captain allegedly drugged and raped her at a hotel during a crew layover. Alaska First Officer Betty Pina, whose lawyer described her as an experienced pilot and distinguished former military ...

Alaska Air Group carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the airline space are International Consolidated Airlines Group SA ICAGY , American Airlines Group, Inc. AAL and Delta Air Lines, Inc. DAL . While International Consolidated Airlines sports a Zacks Rank #1 (Strong Buy), ...

Two years ago, Alaska Air (NYSE:ALK) offered a big premium to acquire Virgin America in order to gain a platform for growth in California. Within three months of the acquisition closing, the carrier had announced a massive expansion in California -- including more than a dozen new routes in San Francisco ...

SAN FRANCISCO — After launching a flurry of new routes in California following its $2.6 billion takeover of Virgin America in 2016, Alaska Air Group is pulling back by cutting underperformers in the Golden state. The SeaTac-based airline has ended or is reducing service to and from several California ...

Alaska Airlines and Fiji Airways are expanding their partnership in a move that aims to increase traffic linking Seattle and Portland to Fiji through connections in San Francisco. Alaska and Fiji have an existing frequent flyer partnership, where members of Alaska's Mileage Plan can earn and redeem miles ...

Despite the acquisition, Alaska Air Group (ALK) doesn't offer solid value to investors, at least not at these price levels. This could change as ALK becomes more efficient and better integrated with Virgin in the coming years. My one year target price for ALK is 65.93 based on two valuation methods and 1000 ...

Shares of Alaska Air Group Inc. ALK, +0.86% slumped 2.2% in midday trade Thursday, after the air carrier reported January operational results, and after a downgrade at UBS. The Seattle-based carrier earlier that January load factor declined to 75.8% from 78.1% a year ago, as the 6.6% growth in capacity ...

One question arising from the debut of the major airlines' basic economy fares is where the new pricing structures leave value airlines such as Alaska Air Group and JetBlue Airways on the competitive spectrum. Those airlines do not have the network breadth of the majors, nor the cost structures of ULCCs.

Since the beginning of 2017, profitability has spiraled lower at Alaska Air (NYSE:ALK). Revenue surged 34% last year, largely due to the company's late-2016 acquisition of Virgin America, but adjusted earnings per share still declined 9.3% for the full year (from $7.32 to $6.64). Alaska Air entered 2018 on ...

6) While everything at the airport landside will convert to Alaska Air blue and teal, you'll still see Virgin red out on the ramps and runways. It's going to take until "late 2019" for Virgin's fleet to be fulling absorbed. So by early 2020, passengers will see "a complete, single brand experience" – which includes ...