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Alaska Air Group Inc (ALK.N)

ALK.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Alaska Air Group Posts Qtrly Earnings Per Share $0.03
Monday, 23 Apr 2018 06:45am EDT 

April 23 (Reuters) - Alaska Air Group Inc ::QTRLY EARNINGS PER SHARE $0.03.QTRLY ADJUSTED DILUTED EARNINGS PER SHARE OF $0.14.QTRLY TOTAL OPERATING REVENUE $1,832 MILLION VERSUS $1,740 MILLION.Q1 EARNINGS PER SHARE VIEW $0.12, REVENUE VIEW $1.83 BILLION -- THOMSON REUTERS I/B/E/S.SEES Q2 CAPACITY 16,910 MILLION - 16,960 MILLION.SEES 2018 CAPACITY 65,980 MILLION TO 66,130 MILLION ASMS.QTRLY CASM EXCLUDING FUEL AND SPECIAL ITEMS 8.81 CENTS VERSUS 8.38 CENTS LAST YEAR.SEES Q2 COST PER ASM EXCLUDING FUEL AND SPECIAL ITEMS 8.34¢ - 8.39¢.EXPECT Q2 2018 REVENUE PER AVAILABLE SEAT MILE (RASM) TO DECLINE APPROXIMATELY 2.75% TO 3.75%.EXPECT CONSOLIDATED NONOPERATING EXPENSE WILL BE ABOUT $18 MILLION IN THE SECOND QUARTER OF 2018.ALASKA AIR GROUP - FY, Q2 COST GUIDANCE INCLUDES IMPACT RELATED TO AGREEMENT REACHED WITH CO'S FLIGHT ATTENDANTS ON APRIL 3, 2018.SEES Q2 ECONOMIC FUEL COST PER GALLON $2.25.SEES 2018 COST PER ASM EXCLUDING FUEL AND SPECIAL ITEMS 8.51 CENTS TO 8.56 CENTS.ALASKA AIR GROUP - EXPECT FY IMPACT OF AGREEMENT REACHED WITH CO'S FLIGHT ATTENDANTS TO BE ABOUT $30 MILLION, OR 0.05 CENTS OF CASM.SEES 2018 TARGETED CAPITAL EXPENDITURES ABOUT $1,000 MILLION.SEES TARGETED CAPITAL EXPENDITURES FOR 2019 AND 2020 TO BE ABOUT $750 MILLION.  Full Article

Alaska Air Group Says CEO Bradley Tilden's FY'17 Compensation Was $5.7 Mln
Friday, 23 Mar 2018 05:21pm EDT 

March 23 (Reuters) - Alaska Air Group Inc ::ALASKA AIR GROUP SAYS CEO BRADLEY TILDEN'S FY 2017 TOTAL COMPENSATION WAS $5.7 MILLION VERSUS $4.2 MILLION IN FY 2016 - SEC FILING.  Full Article

Alaska Air Group Says Feb 2018 Load Factor 79.4 Pct
Tuesday, 13 Mar 2018 06:46am EDT 

March 13 (Reuters) - Alaska Air Group Inc ::ALASKA AIR GROUP INC - FEB 2018 LOAD FACTOR 79.4% VERSUS 80.2% LAST YEAR.ALASKA AIR GROUP INC - FEB RPMS 3.78 BILLION, UP 7.9 PERCENT.ALASKA AIR GROUP INC SAYS FEB 2018 ASMS 4.76 BILLION, UP 9 PERCENT - SEC FILING.ALASKA AIR GROUP INC - SEES FY ‍​2018 COST PER ASM EXCLUDING FUEL AND SPECIAL ITEM 8.45 CENTS - 8.50 CENTS.ALASKA AIR GROUP SEES Q1 2018 RASM TO DECLINE ABOUT 3.5% TO 4.5%‍​.ALASKA AIR GROUP INC - SEES Q1 CAPACITY 15,520 MILLION - 15,570 MILLION.ALASKA AIR GROUP INC - SEES FY 2018 ASMS 66.6 BILLION TO 66.75 BILLION.ALASKA AIR GROUP INC SEES Q1 2018 COST PER ASM EXCLUDING FUEL AND SPECIAL ITEMS 8.80 CENTS - 8.85 CENTS.ALASKA AIR - ‍​PRECEDING 2018 FORECAST CASMEX FOR FY, Q1 EXCLUDE IMPACT OF TENTATIVE AGREEMENT REACHED WITH FLIGHT ATTENDANTS IN FEB.ALASKA AIR SAYS IF TENTATIVE AGREEMENT WITH FLIGHT ATTENDANTS IS RATIFIED, CO'S UNIT COSTS ARE EXPECTED TO INCREASE.  Full Article

Alaska Airlines, Virgin America And Its Flight Attendants Reach Tentative Merger Agreement
Wednesday, 14 Feb 2018 07:50pm EST 

Feb 14 (Reuters) - Alaska Air Group Inc ::ALASKA AIRLINES, VIRGIN AMERICA AND ITS FLIGHT ATTENDANTS REACH TENTATIVE MERGER AGREEMENT.ALASKA AIR GROUP - CO, ‍VIRGIN AMERICA AND ASSOCIATION OF FLIGHT ATTENDANTS REACHED A TENTATIVE MERGER AGREEMENT FOR AIRLINE'S 5,400 FLIGHT ATTENDANTS​.‍MERGER AGREEMENT INCLUDES COMPETITIVE PAY RAISES, INCREASE IN RETIREMENT CONTRIBUTIONS AND QUALITY OF LIFE BENEFITS​.‍ALASKA AIRLINES AND AFA WILL BEGIN NEGOTIATIONS FOR ITS FIRST JOINT LABOR AGREEMENT LATER THIS YEAR​.  Full Article

Flight Attendant Union Reaches Merger Tentative Agreement With Alaska Airlines
Wednesday, 14 Feb 2018 09:39am EST 

Feb 14 (Reuters) - Alaska Air Group Inc ::FLIGHT ATTENDANT UNION REACHES MERGER TENTATIVE AGREEMENT WITH ALASKA AIRLINES.ASSOCIATION OF FLIGHT ATTENDANTS-CWA SAYS REACHED AGREEMENT WITH ALASKA AIRLINES ON JCBA COVERING OVER 5,400 FLIGHT ATTENDANTS.ASSOCIATION OF FLIGHT ATTENDANTS - ‍AGREEMENT INCLUDES PARITY ON PAY RATES FOR VIRGIN AMERICA FLIGHT ATTENDANTS SWITCHING ONTO ALASKA JCBA​‍​.  Full Article

Alaska Airlines Announces New Daily Nonstop Service From Paine Field-Snohomish County Airport
Tuesday, 16 Jan 2018 08:00am EST 

Jan 16 (Reuters) - Alaska Air Group Inc ::ALASKA AIRLINES - ANNOUNCED NEW DAILY NONSTOP SERVICE FROM PAINE FIELD-SNOHOMISH COUNTY AIRPORT IN EVERETT, WASHINGTON.  Full Article

Alaska Air Says Dec Load Factor Fell To 82.3 Pct
Friday, 12 Jan 2018 06:15am EST 

Jan 12 (Reuters) - Alaska Air Group Inc ::ALASKA AIR GROUP SAYS DECEMBER 2017 LOAD FACTOR DECREASED 0.8 POINTS TO 82.3 PERCENT - SEC FILING.ALASKA AIR GROUP SEES Q4 LOAD FACTOR 83.4 PERCENT.ALASKA AIR GROUP INC - DECEMBER AVAILABLE SEAT MILES 5.48 BILLION, UP 10.3 PERCENT.ALASKA AIR GROUP SEES Q4 PASSENGER REVENUE PER ASM 10.69¢ - 10.71¢.ALASKA AIR GROUP SAYS FOR DEC 2017, REPORTED 9.2 PERCENT INCREASE IN TRAFFIC ON A 10.3 PERCENT INCREASE IN CAPACITY COMPARED TO DECEMBER 2016.ALASKA AIR GROUP SEES Q4 CASM EX. FUEL & SPECIAL ITEMS 8.65¢ - 8.67¢.ALASKA AIR GROUP SEES Q4 REVENUE PER ASM 12.32¢ - 12.34¢.ALASKA AIR GROUP INC - DECEMBER REVENUE PASSENGER MILES 4.51 BILLION, UP 9.2 PERCENT.ALASKA AIR GROUP SAYS AS RESULT OF TAX CUTS AND JOBS ACT, EXPECT TO RECORD TAX BENEFIT OF ABOUT $250 MILLION TO $350 MILLION.ALASKA AIR GROUP SEES Q4 RPMS 13.27 BILLION.ALASKA AIR GROUP SEES Q4 ASMS 15.90 BILLION.ALASKA AIR GROUP - IN CONNECTION WITH PASSING OF TAX CUTS AND JOBS ACTS, AWARDED EACH EMPLOYEE WITH $1,000 BONUS TO BE PAID IN JAN 2018.ALASKA AIR GROUP SAYS AMOUNT OF BONUS WILL BE ABOUT $25 MILLION, TO BE RECORDED AS SPECIAL ITEM IN Q1 2018, EXCLUDED FROM ADJUSTED EARNINGS.  Full Article

Alaska Airlines Receives Single Operating Certificate From FAA
Thursday, 11 Jan 2018 03:10pm EST 

Jan 11 (Reuters) - Alaska Air Group Inc ::ALASKA AIRLINES - ‍RECEIVED SINGLE OPERATING CERTIFICATE FROM FEDERAL AVIATION ADMINISTRATION FOR ALASKA AIRLINES AND VIRGIN AMERICA.  Full Article

Alaska Air Group Reports Nov. Load Factor 84.2 Pct Vs 84.3 Pct
Friday, 15 Dec 2017 06:16am EST 

Dec 15 (Reuters) - Alaska Air Group Inc ::ALASKA AIR GROUP - NOV. LOAD FACTOR 84.2 PERCENT VERSUS 84.3 PERCENT.ALASKA AIR GROUP - NOV. PASSENGER RASM 11.08¢ VERSUS 11.35¢.ALASKA AIR GROUP SAYS NOVEMBER RPMS 4.39 BILLION, AN INCREASE OF 9.2 PERCENT.ALASKA AIR GROUP SEES Q4 COST PER ASM EX. FUEL AND SPECIAL ITEMS 8.63¢ - 8.68¢ - SEC FILING.ALASKA AIR GROUP SEES Q4 ASMS 15,865 MILLION - 15,915 MILLION.ALASKA AIR GROUP - NOV. ASMS 5,215 MILLION VERSUS 4,773 MILLION.ALASKA AIR - WILL RECORD ONE-TIME, NON-CASH CHARGE OF ABOUT $20 MILLION ASSOCIATED WITH APPLICATION OF HIGHER PILOT WAGE RATES TO ACCRUED LEAVE BALANCES.  Full Article

Alaska Airlines Says Begins Nonstop Service Between San Francisco Airport And Kailua-Kona Airport
Thursday, 14 Dec 2017 08:00am EST 

Dec 14 (Reuters) - Alaska Air Group Inc ::ALASKA AIRLINES SAYS BEGINS NONSTOP SERVICE BETWEEN SAN FRANCISCO INTERNATIONAL AIRPORT AND KAILUA-KONA INTERNATIONAL AIRPORT.  Full Article