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Alaska Air Group Inc (ALK.N)

ALK.N on New York Stock Exchange

64.98USD
23 Feb 2018
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Latest Key Developments (Source: Significant Developments)

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

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

BRIEF-Alaska Air Group - Jan. 2018 RPMS Up 3.5 Percent

* ALASKA AIR GROUP INC - JAN. 2018 LOAD FACTOR 75.8 PERCENT VERSUS 78.1 PERCENT