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Alaska Air Group Inc (ALK)

ALK on New York Consolidated

92.93USD
18 Jan 2017
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Latest Key Developments (Source: Significant Developments)

Alaska Air Group Inc sees Q4 traffic 9,640 million RPMS, sees Q4 capacity 11,407 million ASMS
6:02am EST 

Alaska Air Group Inc : Alaska Air Group Inc sees Q4 traffic 9,640 million RPMS, sees Q4 capacity 11,407 million ASMS . Alaska Air Group Inc sees Q4 2016 cost per ASM excluding fuel and special items 8.45¢ - 8.50¢ . Alaska Air Group Inc sees Q4 2016 revenue per ASM 13.31¢ - 13.36¢ . Alaska Air Group Inc sees Q4 2016 passenger revenue per ASM 11.24¢ - 11.29¢ . Alaska Air Group Inc says expect that consolidated non operating expense will be approximately $10 million in Q4 of 2016 .Alaska Air Group Inc says expect to record merger-related costs of approximately $82 million in Q4 - SEC filing.  Full Article

T.Rowe Price Associates Inc reports 10.1 pct passive stake in Alaska Air Group
Tuesday, 10 Jan 2017 12:30pm EST 

:Price T Rowe Associates Inc reports 10.1 percent passive stake in Alaska Air Group Inc as of Dec 31, 2016 - SEC Filing.  Full Article

Alaska Air Group reports December and full-year operational results
Tuesday, 10 Jan 2017 08:00am EST 

Alaska Air Group Inc - : Alaska Air Group reports December 2016 and full-year operational results . Dec load factor increased 0.5 points to 83.1 percent . On a combined basis, Air Group reported a 5.6 percent increase in Dec traffic on a 5.0 percent increase in capacity . Dec RPMS 4.13 billion, up 5.6 percent .Dec available seat miles 4.96 billion, up 5.0%.  Full Article

Alaska Air Group agreed to settle a lawsuit against its merger with Virgin America
Wednesday, 7 Dec 2016 05:21pm EST 

Alaska Air Group Inc : Agreed to settle a lawsuit brought by private plaintiffs opposing planned merger of Alaska and Virgin America .Terms of settlement are confidential.  Full Article

Alaska Air Group says financial impact from lost codeshare revenue is between $15-$20 million
Tuesday, 6 Dec 2016 02:08pm EST 

Alaska Air Group Inc : "There are 45 markets where Alaska loses existing codeshare revenue, & net financial impact is between $15-$20 million" - SEC filing .Agreed to seek DOJ approval before selling, leasing, or trading slots, gates at Dallas Love Field, New York LaGuardia or Washington Reagan.  Full Article

Alaska Air Group sees Q3 passenger revenue per ASM 11.74¢-11.79¢
Wednesday, 12 Oct 2016 06:20am EDT 

Alaska Air Group Inc : Sees Q3 passenger revenue per ASM 11.74¢ - 11.79¢ . Sees Q3 revenue per ASM 13.92¢ - 13.97¢ . Alaska Air Group Inc - expect that consolidated nonoperating income will be approximately $1 million in the third quarter of 2016 .Alaska Air Group Inc - sees Q3 cost per ASM excluding fuel and special items 8.20¢ - 8.24¢ - sec filing.  Full Article

Alaska Air group reports 7.4 pct increase in traffic on 4.2 pct increase in capacity compared to Sept. 2015
Tuesday, 4 Oct 2016 08:00am EDT 

Alaska Air Group Inc : Sept passenger load factor 84.1% versus 81.6% . Air group reported a 7.4 percent increase in traffic on a 4.2 percent increase in capacity compared to september 2015 . sept. Available seat miles was 3.36 billion versus 3.23 billion . Alaska Air Group reports September 2016 operational results .Sept RPM's 2.83 billion, up 7.4%.  Full Article

Alaska Air Group says co, Virgin America to extend regulatory review of merger
Monday, 26 Sep 2016 08:00am EDT 

Alaska Air Group Inc : Alaska Air Group and Virgin America agree to extend regulatory review of proposed merger . Parties will not consummate acquisition prior to Oct. 17 . Extension gives DOJ additional time to review proposed merger .Co, Virgin America will not consummate deal before Oct 17 unless DOJ provides written concurrence to close within shorter period.  Full Article

Alaska air group says August load factor decreased 0.9 points to 85.8 percent
Friday, 2 Sep 2016 12:42pm EDT 

Alaska Air Group Inc : Alaska air group reports august 2016 operational results . On a combined basis, air group reported a 9.0 percent increase in august traffic on a 10.3 percent increase in capacity . August load factor decreased 0.9 points to 85.8 percent . Alaska air group inc says august available seat miles 3.94 billion, up 10.3 percent .Alaska air group inc says august revenue passenger miles 3.38 billion, up 9.0 percent.  Full Article

Alaska Airlines receives U.S. DOT approval to begin Havana, Cuba flying
Wednesday, 31 Aug 2016 04:46pm EDT 

Alaska Air Group Inc : Receives U.S. DOT approval to begin Havana, Cuba flying . United States Department of Transportation (DOT) officially approved Alaska's application to begin service to Cuban capital .Once Alaska receives official approval from Cuban government, airline will determine when to begin service.  Full Article

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Alaska Air to record $82 million as merger-related costs in fourth quarter

Alaska Air Group Inc said on Wednesday it expects to record $82 million in the fourth quarter in costs related to the $2.6 billion acquisition of Virgin America Inc.