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 115 destinations throughout the United States and North America. The company was founded in 1932 and is based in Seattle, Washington.
IPO Year:
Exchange: NYSE
Website: alaskaair.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/24/2025 | $85.00 → $110.00 | Buy | TD Cowen |
1/7/2025 | $95.00 | Neutral → Positive | Susquehanna |
12/11/2024 | $68.00 → $78.00 | Buy | TD Cowen |
12/4/2024 | $50.00 → $68.00 | Buy | TD Cowen |
11/26/2024 | $72.00 | Buy | UBS |
11/15/2024 | $70.00 | Buy | Goldman |
10/28/2024 | $56.00 | Hold → Buy | Melius |
10/21/2024 | $55.00 | Overweight | Barclays |
7/24/2024 | $58.00 → $51.00 | Buy | TD Cowen |
5/17/2024 | $55.00 | Peer Perform → Outperform | Wolfe Research |
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Reported record full year revenue of $11.7 billionFourth quarter and full year adjusted earnings per share exceed high end of previously reported guidanceRepurchased approximately $250 million in outstanding shares in the fourth quarterAnnounced record performance-based pay, totaling six weeks pay for most Alaska and Horizon employees SEATTLE, Jan. 22, 2025 /PRNewswire/ -- Alaska Air Group Inc. (NYSE:ALK) today reported financial results for the fourth quarter and full year ended December 31, 2024. Air Group completed 2024 on a high note, with record revenues of $11.7 billion
SEATTLE, Jan. 8, 2025 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2024 fourth quarter financial results at 11:30 a.m. EDT/ 8:30 a.m. PDT, Thursday, January 23, 2025. A webcast of the call will be available to the public at www.alaskaair.com/investors. An archive of the call will be posted on the website later that morning. About Alaska Airlines Alaska Air Group, Inc. is based in Seattle and comprised of subsidiaries Alaska Airlines, Hawaiian Holdings, Inc.
Completed acquisition of Hawaiian Airlines Led the industry in adjusted pretax margin SEATTLE, Oct. 31, 2024 /PRNewswire/ -- Alaska Air Group (NYSE:ALK) today reported financial results for the third quarter ending September 30, 2024. Air Group closed out a strong third quarter, generating GAAP pretax margins of 10.7% and earnings per share (EPS) of $1.84. On an adjusted basis, our pretax margin of 13.0% will lead the industry. Given Air Group's completed acquisition of Hawaiian Airlines on September 18, 2024, quarterly financial statements include approximately 13 days of Hawaiian Airlines results. "There has been no better time to be part of Alaska Air
Expected to lead the industry with adjusted pretax margin of 15.8%Achieved a completion rate of 99.5%, among the highest in the industryReached tentative agreement with Alaska flight attendants represented by AFA SEATTLE, July 17, 2024 /PRNewswire/ -- Alaska Air Group (NYSE:ALK) today reported financial results for the second quarter ending June 30, 2024, and provided outlook for the third quarter ending September 30, 2024 and full year 2024. "It's clear that premium airlines are rising above the rest of the industry, and Alaska's product and performance put us in that top tie
SEATTLE, July 11, 2024 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2024 second quarter financial results at 11:30 a.m. EDT/ 8:30 a.m. PDT, Thursday, July 18, 2024. A webcast of the call will be available to the public at www.alaskaair.com/investors. An archive of the call will be posted on the website later that morning. About Alaska Airlines Alaska Airlines and our regional partners serve more than 120 destinations across the United States, Belize, Canada,
Achieved record first quarter operating revenue of $2.2 billion Ratified new agreement with AMFA-represented employees SEATTLE, April 18, 2024 /PRNewswire/ -- Alaska Air Group (NYSE:ALK) today reported financial results for the first quarter ending March 31, 2024, and provided outlook for the second quarter ending June 30, 2024. "I want to recognize Alaska's employees for their uncompromising prioritization of safety, for taking great care of our guests, and for delivering strong performance in the first quarter," said CEO Ben Minicucci. "Despite significant challenges to sta
SEATTLE, April 8, 2024 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2024 first quarter financial results at 11:30 a.m. EDT/ 8:30 a.m. PDT, Thursday, April 18, 2024. A webcast of the call will be available to the public at www.alaskaair.com/investors. An archive of the call will be posted on the website later that morning. About Alaska Airlines Alaska Airlines and our regional partners serve more than 120 destinations across the United States, the Bahamas, Be
Announced agreement to acquire Hawaiian Airlines Achieved record annual operating revenue of $10.4 billion SEATTLE, Jan. 25, 2024 /PRNewswire/ -- Alaska Air Group Inc. (NYSE:ALK) today reported financial results for the fourth quarter and full year ended December 31, 2023. "Air Group's 2023 accomplishments were significant," said CEO Ben Minicucci. "I want to thank our people for delivering a reliable operation, industry-leading cost performance, and a strong 7.5% adjusted pretax margin. As we navigate early 2024, we remain steadfast in our commitment to safety, providing a premium experience for our guests, and delivering durable financial performance. I am also grateful for how the team h
SEATTLE, Jan. 10, 2024 /PRNewswire/ -- Alaska Air Group Inc. (NYSE:ALK), the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2023 fourth quarter financial results at 11:30 a.m. EDT/ 8:30 a.m. PDT, Thursday, January 25, 2024. A webcast of the call will be available to the public at www.alaskaair.com/investors. An archive of the call will be posted on the website later that morning. About Alaska AirlinesAlaska Airlines and our regional partners serve more than 120 destinations across the United States, the Bahamas, Belize, Canada, Costa Rica, Guatemala and Mexico. We offer our guests a premium flying experience with aw
Combined company to maintain Alaska Airlines' and Hawaiian Airlines' strong, high-quality brands, supported by a single, compelling loyalty offering.Expands fifth largest U.S. airline to a fleet of 365 narrow and wide body airplanes enabling guests to reach 138 destinations through our combined networks and more than 1,200 destinations through the oneworld Alliance.Honolulu to become a key hub for the combined airline with expanded service for residents of Hawai'i to the Continental U.S. and creating new connections to Asia and throughout the Pacific for travelers across the U.S.Commitment to Hawai'i remains steadfast, including maintaining robust Neighbor Island air service, and a more comp
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The new route will link the Pacific Northwest and South Korea as Alaska builds our hometown Seattle hub into a new global gateway SEATTLE, March 25, 2025 /PRNewswire/ -- Alaska Airlines has set the date for new nonstop service between Seattle and Seoul Incheon on Hawaiian Airlines. Starting Sept. 12, 2025, guests can fly in comfort on our long-haul, widebody Airbus A330-200 aircraft to South Korea's capital city. We initially announced the new international route this past December. Tickets can now be purchased at alaskaair.com and hawaiianairlines.com. With the combination of Alaska and Hawaiian, Seattle is transforming into the West Coast's new premier global gateway. By 2030, we plan to
Industry Veteran Eric Edge to Lead Brand Strategy and Marketing for Combined Airline SEATTLE, March 18, 2025 /PRNewswire/ -- Alaska Airlines today announced the appointment of Eric Edge as Vice President of Brand & Marketing for both the Alaska Airlines and Hawaiian Airlines brands. In this role, Edge will oversee the marketing strategy that will deliver on the combined airline's long-term vision of connecting guests to the world with a remarkable travel experience rooted in safety, care and performance. This appointment comes as Alaska Airlines continues to advance its integr
NEW YORK, March 7, 2025 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 100 are more representative of the mega-cap market space. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P
A One-Day Immersive Experience Showcasing the Future of Seamless Travel with Cutting-Edge Technology, Exclusive Speaker Panels, and Interactive Engagements. LOS ANGELES, March 5, 2025 /PRNewswire/ -- TDW+Co is partnering with Alaska Airlines and Hawaiian Airlines to activate a one-day-only interactive, dual-branded house in Austin, TX for the South by Southwest festival. Designed to connect with the airlines' next-gen and technophile audience, this immersive experience is designed to connect with their travel-curious and technophile audience. It brings both beloved brands to life while showcasing compelling guest innovation stories and redefining the future of seamless travel.
SEATTLE, Feb. 28, 2025 /PRNewswire/ -- Alaska Airlines' more than 6,900 flight attendants, who are represented by the Association of Flight Attendants (AFA), have ratified a new three-year contract. The agreement includes significant improvements including increased pay (including boarding and a ratification payment), greater flexibility and scheduling enhancements, better benefits and more. This is the eighth ratified labor contract between an Alaska Air Group company and one of our represented workgroups in the last three years aimed at improving wages, quality of life, and
Reported record full year revenue of $11.7 billionFourth quarter and full year adjusted earnings per share exceed high end of previously reported guidanceRepurchased approximately $250 million in outstanding shares in the fourth quarterAnnounced record performance-based pay, totaling six weeks pay for most Alaska and Horizon employees SEATTLE, Jan. 22, 2025 /PRNewswire/ -- Alaska Air Group Inc. (NYSE:ALK) today reported financial results for the fourth quarter and full year ended December 31, 2024. Air Group completed 2024 on a high note, with record revenues of $11.7 billion
We'll fly daily between Portland and Houston starting this spring along with two daily Portland-Eugene roundtrips and a new Medford-San Diego route SEATTLE, Jan. 14, 2025 /PRNewswire/ -- Y'all, for the first time, Alaska Airlines is linking the Rose City to the largest city in Texas. We're adding a new daily, nonstop flight between Portland and George Bush Intercontinental Airport (IAH) in Houston starting May 15, 2025. We'll also resume twice-daily nonstop service between Portland and Eugene, Oregon, and offer a new route between San Diego and Medford, Oregon. All three routes will fly year-round. Tickets can be purchased now at alaskaair.com.
SEATTLE, Jan. 8, 2025 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2024 fourth quarter financial results at 11:30 a.m. EDT/ 8:30 a.m. PDT, Thursday, January 23, 2025. A webcast of the call will be available to the public at www.alaskaair.com/investors. An archive of the call will be posted on the website later that morning. About Alaska Airlines Alaska Air Group, Inc. is based in Seattle and comprised of subsidiaries Alaska Airlines, Hawaiian Holdings, Inc.
We'll offer the most nonstop destinations ever this summer from Alaska's largest city along with daily Portland-Fairbanks service; other new nonstops begin this week across our network SEATTLE, Jan. 7, 2025 /PRNewswire/ -- For the first time this summer, Alaska Airlines is connecting Anchorage to both Detroit and Sacramento with seasonal nonstop flights, as well as resuming nonstop service between Fairbanks and Portland. Weekly, roundtrip flights to and from Detroit and Sacramento begin on June 14, 2025 – which adds up to 15 nonstop destinations between Anchorage and the Lower 48 and Hawaii, the most we've ever served in the summer. We'll start flying the Fairbanks-Portland route on May 15,
Executive John Wiitala joins Alaska with more than 34 years of airline experience SEATTLE, Jan. 6, 2025 /PRNewswire/ -- Alaska Airlines has named John Wiitala as its new vice president of maintenance and engineering. In this principal leadership role, Wiitala will lead professionals throughout the division who maintain the highest levels of safety and compliance with more than 237 mainline Boeing aircraft across multiple maintenance bases. Wiitala joins Alaska after 34 years with United Airlines, most recently as vice president and chief engineer of tech operations, safety and
TD Cowen reiterated coverage of Alaska Air with a rating of Buy and set a new price target of $110.00 from $85.00 previously
Susquehanna upgraded Alaska Air from Neutral to Positive and set a new price target of $95.00
TD Cowen reiterated coverage of Alaska Air with a rating of Buy and set a new price target of $78.00 from $68.00 previously
TD Cowen reiterated coverage of Alaska Air with a rating of Buy and set a new price target of $68.00 from $50.00 previously
UBS resumed coverage of Alaska Air with a rating of Buy and set a new price target of $72.00
Goldman resumed coverage of Alaska Air with a rating of Buy and set a new price target of $70.00
Melius upgraded Alaska Air from Hold to Buy and set a new price target of $56.00
Barclays initiated coverage of Alaska Air with a rating of Overweight and set a new price target of $55.00
TD Cowen reiterated coverage of Alaska Air with a rating of Buy and set a new price target of $51.00 from $58.00 previously
Wolfe Research upgraded Alaska Air from Peer Perform to Outperform and set a new price target of $55.00
The new route will link the Pacific Northwest and South Korea as Alaska builds our hometown Seattle hub into a new global gateway SEATTLE, March 25, 2025 /PRNewswire/ -- Alaska Airlines has set the date for new nonstop service between Seattle and Seoul Incheon on Hawaiian Airlines. Starting Sept. 12, 2025, guests can fly in comfort on our long-haul, widebody Airbus A330-200 aircraft to South Korea's capital city. We initially announced the new international route this past December. Tickets can now be purchased at alaskaair.com and hawaiianairlines.com. With the combination of Alaska and Hawaiian, Seattle is transforming into the West Coast's new premier global gateway. By 2030, we plan to
Industry Veteran Eric Edge to Lead Brand Strategy and Marketing for Combined Airline SEATTLE, March 18, 2025 /PRNewswire/ -- Alaska Airlines today announced the appointment of Eric Edge as Vice President of Brand & Marketing for both the Alaska Airlines and Hawaiian Airlines brands. In this role, Edge will oversee the marketing strategy that will deliver on the combined airline's long-term vision of connecting guests to the world with a remarkable travel experience rooted in safety, care and performance. This appointment comes as Alaska Airlines continues to advance its integr
NEW YORK, March 7, 2025 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 100 are more representative of the mega-cap market space. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P
A One-Day Immersive Experience Showcasing the Future of Seamless Travel with Cutting-Edge Technology, Exclusive Speaker Panels, and Interactive Engagements. LOS ANGELES, March 5, 2025 /PRNewswire/ -- TDW+Co is partnering with Alaska Airlines and Hawaiian Airlines to activate a one-day-only interactive, dual-branded house in Austin, TX for the South by Southwest festival. Designed to connect with the airlines' next-gen and technophile audience, this immersive experience is designed to connect with their travel-curious and technophile audience. It brings both beloved brands to life while showcasing compelling guest innovation stories and redefining the future of seamless travel.
SEATTLE, Feb. 28, 2025 /PRNewswire/ -- Alaska Airlines' more than 6,900 flight attendants, who are represented by the Association of Flight Attendants (AFA), have ratified a new three-year contract. The agreement includes significant improvements including increased pay (including boarding and a ratification payment), greater flexibility and scheduling enhancements, better benefits and more. This is the eighth ratified labor contract between an Alaska Air Group company and one of our represented workgroups in the last three years aimed at improving wages, quality of life, and
Enables guests to reach 141 destinations directly, including 29 international markets, and over 1,200 destinations globally through the oneworld Alliance and global partnersMaintains the distinct brands of Alaska Airlines and Hawaiian Airlines Establishes Honolulu as its second largest hubBeginning soon, provides HawaiianMiles members and Mileage Plan members with the ability to transfer miles between accounts free of chargeBeginning soon, enables guests to purchase Hawaiian Airlines flights at alaskaair.com and Alaska Airlines flights on hawaiianairlines.comSEATTLE and HONOLULU, Sept. 18, 2024 /PRNewswire/ -- Alaska Air Group, Inc. (NYSE:ALK) today announced it has completed its acquisition
Alaska is the first U.S. airline to link guest participation in sustainability to loyalty with an accelerated path to elite status. SEATTLE, May 7, 2024 /PRNewswire/ -- As part of Alaska Airlines' longstanding journey to make air travel more sustainable, the airline will now give guests the choice to voluntarily reduce the environmental impact of their travel with sustainable aviation fuel (SAF) credits during the booking process. Guests can choose to support SAF in an amount based on 5%, 10% or 20% of their carbon impact when they book a ticket on alaskaair.com. Building on
At just 55 calories per can, Best Day Brewing Kölsch offers guests in all cabins a healthier alternative to traditional beer without sacrificing the classic taste SEATTLE, Dec. 11, 2023 /PRNewswire/ -- Alaska Airlines is now offering happy hour without the hangover on every flight with its new and refreshing beverage offering. Just in time for Dry January, the premier West Coast carrier is serving Best Day Brewing Kölsch -- the first non-alcoholic beverage to join Alaska's premium beverage line-up. Alaska Airlines is now offering happy hour without the hangover with its new no
NEW YORK, Dec. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t
Alaska Mileage Plan members can earn Elite-Qualifying Miles when they support sustainable aviation fuel, contributing to their elite qualification for the new year SEATTLE, Nov. 17, 2023 /PRNewswire/ -- Alaska Airlines announced today it is partnering with climate-tech company CHOOOSE to provide new options for sustainability-minded guests to take action on their travel-related carbon emissions by purchasing sustainable aviation fuel (SAF) credits or support nature-based climate projects. A banner on the reservations confirmation page invites guests to learn more about the car