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Alaska Air Group Inc (ALK.N)

ALK.N on New York Stock Exchange

65.40USD
24 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Alaska Air Group says Oct 2017 rpms was 4.37 bln, up 11.0 pct
Friday, 17 Nov 2017 06:15am EST 

Nov 17 (Reuters) - Alaska Air Group Inc :Alaska Air Group Inc - ‍October 2017 rpms was 4.37 billion, up 11.0 percent.Alaska Air Group Inc - ‍October 2017 rasm 11.75 cents, down 5.2 percent​.Alaska Air Group Inc - load factor for Oct 2017 83.8 percent versus 84.2 percent ‍​.Alaska Air Group Inc - October ‍2017 asms 5,211 million versus 4,671 million.Alaska Air Group Inc sees Q4 2017 economic fuel cost per gallon $2.00‍​.Alaska Air Group Inc - now expect Q1 2018 asm growth of about 8 percent and continue to expect full year 2018 asm growth of about 8 pct‍​.  Full Article

‍ALASKA AIRLINES TO ADD NONSTOP SERVICE BETWEEN SEATTLE & PITTSBURGH NEXT FALL​
Wednesday, 15 Nov 2017 02:00pm EST 

Nov 15 (Reuters) - Alaska Airlines::‍ALASKA AIRLINES SAYS WILL ADD NONSTOP, DAILY SERVICE BETWEEN SEATTLE AND PITTSBURGH NEXT FALL​.  Full Article

Alaska Airlines will discontinue flying to Havana
Tuesday, 14 Nov 2017 06:09pm EST 

Nov 14 (Reuters) - Alaska Air Group Inc ::Alaska Airlines will discontinue flying to Havana, Cuba.Airline will redeploy aircraft used to serve Havana to markets with higher demand​.Will redeploy resources used to serve Havana due to U.S. policy changes eliminating allowance for individual "people-to-people" educational travel.  Full Article

Alaska Airlines starts nonstop service between San Diego and Mexico City
Monday, 6 Nov 2017 08:00am EST 

Nov 6 (Reuters) - Alaska Air Group Inc ::Alaska Airlines starts nonstop service between San Diego and Mexico City.‍alaska Airlines says begins nonstop service between San Diego and Mexico City's Benito Juarez international airport​.  Full Article

Alaska Air sees Q4 2017 cost per ASM excluding fuel and special items of 8.50 cents to 8.55 cents
Tuesday, 31 Oct 2017 05:40pm EDT 

Oct 31 (Reuters) - Alaska Air Group Inc :Alaska Air Group Inc - on Oct 30, co got decision from third-party arbitration panel on new wage rates, retirement contributions for Alaska Airlines, Virgin America‍​ pilots‍​.Alaska Air Group Inc sees Q4 2017 cost per ASM excluding fuel and special items of 8.50 cents to 8.55 cents - SEC filing‍​.Alaska Air Group Inc sees fy 2017 cost per ASM excluding fuel and special items 8.19 cents - 8.21 cents.Alaska Air Group Inc - the new wage rates equate to an approximately 33 pct increase for top-of-scale captains at Virgin America.Alaska Air Group Inc - the new wage rates equate to an approximately 16 pct for top-of-scale captains at Alaska Airlines.Alaska Air Group Inc - ‍estimate impact of new contract with pilots to be an extra cost of about $24 million for rest of 2017, $150 million in 2018, and $180 million in 2019​.Alaska Air Group Inc - ‍over life of contract with pilots, average annualized impact is approximately $160 million to $165 million - SEC filing​.  Full Article

Alaska Air Group Q3 earnings per share $2.14‍​‍​
Wednesday, 25 Oct 2017 06:30am EDT 

Oct 25 (Reuters) - Alaska Air Group Inc :Qtrly earnings per share $2.14‍​‍​.Qtrly adjusted diluted earnings per share were $2.24‍​.Alaska Air Group Inc - qtrly RPMs ‍​13,811 million versus 9,601 million.Alaska Air Group Inc - qtrly PRASM ‍​11.29 cents versus 11.79 cents last year.Alaska Air Group Inc - qtrly CASM excluding fuel and special items ‍​7.98 cents versus 8.20 cents last year.Alaska Air Group Inc - qtrly ASMs 16,164‍​ million versus 11,212 million.Alaska Air Group Inc - qtrly load factor 85.4 percent percent versus 85.6 percent.Alaska Air Group Inc sees Q4 capacity 15,950 million - 16,000 million ASMs‍​.Alaska Air Group Inc sees Q4 cost per ASM excluding fuel and special items 8.35 cents - 8.40 cents.Alaska Air Group Inc - qtrly total operating revenues $2,120‍​ million versus $1,566 million.Alaska Air Group Inc sees Q4 economic fuel cost per gallon $1.95.Alaska Air Group Inc - expect that consolidated nonoperating expense will be approximately $12 million in the fourth quarter of 2017‍​.Q3 earnings per share view $2.26 -- Thomson Reuters I/B/E/S.Q3 revenue view $2.13 billion -- Thomson Reuters I/B/E/S.  Full Article

Alaska Air reports September operational results
Thursday, 12 Oct 2017 06:20am EDT 

Oct 12 (Reuters) - Alaska Air Group Inc ::Says ‍forecast September RASM to decline about 5.7 pct compared to combined results from September 2016 on a 10.1 pct increase in capacity​.Says RPM for Sept was 4.16 billion, up 8.4 percent​.Says September 2017 passenger load factor 82.9 pct versus 84.2 pct - SEC filing.Says ‍estimate Q3 2017 RASM will be down about 0.5 pct year-over-year on a 1.7 pct increase in capacity​.Says September ASMs were 5.02 billion, up 10.1 pct.Says sees Q3 ‍cost per ASM excluding fuel 7.98 cents - 8.00 cents ​.Says ‍Q3 RASM negatively impacted by flight cancellations in regional markets operated by Horizon, with estimated 1.5 point impact on quarter.Alaska Air Group Inc sees Q3 ‍passenger revenue per ASM to be 11.27 cents - 11.29 cents​.  Full Article

Skywest announces additional order of 20 new aircraft
Monday, 2 Oct 2017 08:30am EDT 

Oct 2 (Reuters) - Skywest Inc :Skywest Inc announces additional order of 20 new aircraft, new flying agreements.Skywest Inc - ‍entered aircraft purchase agreements and capacity purchase agreements to acquire and fly 15 additional new aircraft with Delta Air Lines​.Skywest - ‍entered aircraft purchase agreements and capacity purchase agreements to acquire and fly five additional new aircraft with Alaska Airlines​.Skywest Inc - ‍expected delivery dates for 20 aircraft run from September 2017 through end of 2018​.Skywest Inc - ‍aircrafts will be operated by Skywest Airlines Inc a wholly owned subsidiary of Skywest​.  Full Article

‍Alaska Airlines and Virgin America begin new service from San Francisco to New Orleans​
Thursday, 21 Sep 2017 08:00am EDT 

Sept 21 (Reuters) - Alaska Air Group Inc :‍Alaska Airlines and Virgin America begin new service from San Francisco to New Orleans​.  Full Article

Alaska Air Group Inc sees Q3 capacity of 16.21 billion to 16.26 billion
Thursday, 14 Sep 2017 06:58am EDT 

Sept 14 (Reuters) - Alaska Air Group Inc ::Alaska Air Group Inc - sees Q3 capacity of 16.21 billion to 16.26 billion.Alaska Air Group Inc - sees Q3 ‍cost per asm excluding fuel 8.00¢ - 8.05¢​.Alaska Air Group Inc - sees full year 2017 ‍capacity of 62,260 million to 62,415​ million.Alaska Air Group Inc - ‍sees full year 2017 cost per asm excluding fuel 8.09¢ - 8.13¢​.  Full Article

BRIEF-Alaska Air sees Q4 2017 cost per ASM excluding fuel and special items of 8.50 cents to 8.55 cents

* Alaska Air Group Inc - on Oct 30, co got decision from third-party arbitration panel on new wage rates, retirement contributions for Alaska Airlines, Virgin America‍​ pilots‍​