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Alaska Air (ALK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-31 16:00
Alaska Air Group (ALK) reported $3.07 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 8.2%. EPS of $2.25 for the same period compares to $1.83 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.99 billion, representing a surprise of +2.84%. The company delivered an EPS surprise of +2.27%, with the consensus EPS estimate being $2.20.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...
Alaska Air(ALK) - 2024 Q3 - Quarterly Results
2024-10-31 12:55
Exhibit 99.1 October 31, 2024 Media contact: Investor/analyst contact: Media Relations Ryan St. John (206) 304-0008 VP Finance, Planning and Investor Relations ALKInvestorRelations@alaskaair.com Alaska Air Group reports third quarter 2024 results Completed acquisition of Hawaiian Airlines Led the industry in adjusted pretax margin SEATTLE — 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 GA ...
Alaska Airlines supercharges Mileage Plan for 2025 with enhanced benefits and choices including new ways to earn elite status faster than ever
Prnewswire· 2024-10-16 12:00
Members are rewarded sooner at new milestones and can choose from various perksMembers can rack up elite-qualifying miles to reach milestones and status when they redeem award travel, make credit card purchases and moreWe'll offer new options for earning and redeeming worldwide with our global partnersAs Alaska and Hawaiian Airlines combine, a new single loyalty program is on the horizonSEATTLE, Oct. 16, 2024 /PRNewswire/ -- The most generous loyalty program in the industry is about to reward our members wi ...
Alaska Airlines Selects Sift to Prevent Fraud, Manage Chargebacks, and Streamline Customer Experience
GlobeNewswire News Room· 2024-10-10 15:30
SAN FRANCISCO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Sift, the AI-powered fraud platform securing digital trust for leading global businesses, today announced that it has been selected by Alaska Airlines to prevent payment fraud and manage chargeback disputes. By implementing Sift's platform, Alaska Airlines is able to automatically identify and stop payment fraud—while reducing unnecessary friction for customers. "We pride ourselves on providing a seamless experience for our guests from the moment they book th ...
Alaska Air Group (ALK) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-10-10 15:07
The market expects Alaska Air Group (ALK) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, i ...
Alaska Airlines unveils top Fall travel trends: Hawaiʻi and hidden gem destinations dominate
Prnewswire· 2024-10-08 12:00
This season includes the busiest travel day of the year and emerging trends driven by popular cultural eventsSEATTLE, Oct. 8, 2024 /PRNewswire/ -- Alaska Airlines is revealing unique trends that are shaping the airline's bookings across its network this fall, including a rise in bookings to smaller, off-the-beaten path markets driven by guests seeking exclusive experiences. Alaska is prepared to welcome guests this season, which includes the busiest travel period of the year, with increased staffing, expand ...
Alaska Airlines Launches New Nonstop Routes, Boosts Its Network
ZACKS· 2024-10-02 14:56
Alaska Air Group’s (ALK) wholly owned subsidiary, Alaska Airlines, is set to enhance its network and connectivity as it launches five new nonstop routesbetween Las Vegas and both San Diego and Santa Rosa/Sonoma County, CA, and between Los Angeles and both Pasco, WA, and Reno, NV. The company is also resuming its nonstop service between Portland, OR, and Atlanta.With a view to expanding its presence on the West Coast, ALK has established two new flights from Los Angeles, providing the most daily flights to W ...
Alaska Airlines and UP.Labs launch Odysee, an AI-enabled startup taking a new approach to schedule optimization
Prnewswire· 2024-10-02 12:00
Odysee is an innovative, new flight schedule optimization software platform that leverages AI and big data to optimize asset configuration for the airline industry and other logistics operators BENTONVILLE, Ark., Oct. 2, 2024 /PRNewswire/ -- One year after announcing their partnership to solve business challenges through innovation, Alaska Airlines and UP.Labs, have officially announced their first new startup, Odysee, at the UP.Summit. Odysee, which launched with $5M in seed funding led by UP.Partners, is ...
Alaska Air Group Announces Pricing of Upsized Senior Secured Notes Offering
Prnewswire· 2024-10-01 22:18
SEATTLE, Oct. 1, 2024 /PRNewswire/ -- Alaska Air Group, Inc. (the "Company") today announced the pricing of the previously announced private offering (the "Offering") of (i) $625 million aggregate principal amount of 5.021% Senior Secured Notes due 2029 and $625 million aggregate principal amount of 5.308% Senior Secured Notes due 2031 (the "Notes") by AS Mileage Plan IP, Ltd. ("Loyalty Issuer"), an exempted company incorporated with limited liability under the laws of the Cayman Islands and an indirect, wh ...
Alaska Airlines inaugurates service on five new routes
Prnewswire· 2024-10-01 12:00
Alaska expands presence in California with three new routes, connecting Pasco, Washington, with Los Angeles, and adds a new nonstop flight between Portland and AtlantaSEATTLE, Oct. 1, 2024 /PRNewswire/ -- Alaska Airlines is kicking off five new nonstop routes. Beginning today, guests can travel between Las Vegas and both San Diego and Santa Rosa/Sonoma County, and between Los Angeles and both Pasco, Washington, and Reno. We're also resuming our nonstop service between Portland and Atlanta."Travel demand con ...