Welcome to our dedicated page for Alaska Air Group news (Ticker: ALK), a resource for investors and traders seeking the latest updates and insights on Alaska Air Group stock.
Alaska Air Group Inc (NYSE: ALK) operates Alaska Airlines, Horizon Air, and Hawaiian Airlines, maintaining a leadership position in North American aviation through operational excellence and customer-focused service. This news hub provides investors and industry professionals with direct access to the company's official communications and strategic developments.
Track critical updates including quarterly earnings reports, fleet expansion announcements, and partnership agreements that shape the company's market position. The curated collection features press releases on operational milestones, safety initiatives, and network expansions across domestic and international routes.
Discover timely information about loyalty program enhancements, cargo service updates, and leadership changes that impact ALK's business strategy. All content is sourced from verified corporate communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to Alaska Air Group's latest developments. Combine these resources with market analysis tools to monitor how operational decisions influence long-term performance in the competitive aviation sector.
Alaska Airlines (ALK) and Hawaiian Airlines are partnering with TDW+Co to create a one-day immersive branded house experience at Austin's Inn Cahoots during SXSW festival on March 5, 2025. The event aims to showcase innovative travel technology and connect with next-gen travelers.
The interactive hub will feature demonstrations of cutting-edge airline industry advancements, including electronic bag tags powered by BAGTAG and BagsID's AI-powered baggage recognition technology. Visitors can participate in a 'Vibe Quiz' for personalized travel recommendations and explore the 'Future Gate Vision' highlighting airport experience improvements.
The event runs from 1 p.m. to 7 p.m. CST, requiring pre-registration. This collaboration comes as Hawaiian Airlines prepares to join the oneworld Alliance in 2026, where Alaska Airlines is already a member, serving over 140 destinations across North America, Latin America, Asia and the Pacific.
Alaska Airlines (NYSE: ALK) announced that over 6,900 flight attendants, represented by the Association of Flight Attendants (AFA), have ratified a new three-year contract with a 95% approval rate and 90% voter participation. The agreement, effective March 2, 2025, includes significant improvements such as increased pay with boarding pay, market rate adjustments, and a ratification payment.
The contract maintains the industry's shortest duty day at 10 hours and 30 minutes, alongside Southwest, and features enhanced work rules, scheduling flexibility, and benefits including caps on insurance premiums. This marks the eighth ratified labor contract between Alaska Air Group and its represented workgroups in the last three years, supporting the company's vision of creating remarkable travel experiences.
Alaska Air Group (NYSE: ALK) reported strong financial results for Q4 and full year 2024, achieving record revenue of $11.7 billion. The company delivered a GAAP pretax margin of 4.6% and an adjusted pretax margin of 7.1%, expected to be among the industry's best despite challenges including the Hawaiian Airlines acquisition and fleet grounding in Q1.
The company completed its acquisition of Hawaiian Airlines on September 18, 2024, and aims to generate $1 billion in incremental pretax profit over the next three years through this strategic combination. Additionally, ALK repurchased approximately $250 million in outstanding shares during Q4 and announced performance-based pay equivalent to six weeks' salary for most Alaska and Horizon employees.
Alaska Airlines (ALK) has announced three new year-round nonstop routes starting May 15, 2025: a daily flight between Portland and Houston's George Bush Intercontinental Airport, twice-daily service between Portland and Eugene, and a new route between San Diego and Medford, Oregon.
The Portland-Houston route marks Alaska's first connection between these cities, with Portland flights departing at 10:30 a.m. and Houston departures just before 6 p.m. The airline is also increasing service frequency on existing Oregon routes, with Portland-Medford increasing to four daily flights and Portland-Redmond operating year-round with three daily flights.
Portland serves as one of Alaska's key West Coast hubs, currently offering more than 100 daily departures to 58 nonstop destinations, including four international routes. The airline remains the largest carrier in Portland for over 20 years.
Alaska Air Group (ALK) has scheduled its fourth quarter 2024 financial results conference call for Thursday, January 23, 2025, at 11:30 a.m. EDT/ 8:30 a.m. PDT. The call will be accessible via webcast at www.alaskaair.com/investors, with an archive available later that day.
The company, headquartered in Seattle, operates through its subsidiaries Alaska Airlines, Hawaiian Holdings, Horizon Air, and McGee Air Services. Following the recent Hawaiian Airlines acquisition, the group now serves over 140 destinations across North America, Central America, Asia, and the Pacific. As a member of the oneworld Alliance, Alaska Airlines offers customers access to 30 airlines and more than 1,000 worldwide destinations.
Alaska Airlines (ALK) has announced new seasonal nonstop flights connecting Anchorage to both Detroit and Sacramento starting June 14, 2025, expanding its summer service to 15 nonstop destinations from Anchorage to the Lower 48 and Hawaii. The airline will also resume daily nonstop service between Fairbanks and Portland beginning May 15, 2025.
The weekly roundtrip flights to Detroit and Sacramento will operate until August 16, 2025, using Boeing 737 aircraft. The Fairbanks-Portland route, operating until August 19, will use E175 aircraft. Additionally, Alaska Airlines is launching several new seasonal routes this week, including services from Sacramento to Los Cabos, Puerto Vallarta, Orlando, and Tucson, as well as connections between Boise-Orlando and New York JFK-Puerto Vallarta.
Alaska Airlines has appointed John Wiitala as the new vice president of maintenance and engineering. Wiitala brings over 34 years of airline experience, most recently serving as vice president and chief engineer of tech operations, safety, and compliance at United Airlines.
Wiitala will oversee the maintenance of Alaska's fleet of 237 Boeing aircraft, focusing on safety and compliance. His responsibilities include line maintenance operations, airframe and engine maintenance, quality assurance, and fleet projects.
At United, Wiitala expanded operations from under 450 to 944 aircraft and played a key role in the United-Continental merger. Alaska Airlines' executive vice president Constance von Muehlen praised Wiitala's expertise and leadership as the airline aims to become a global carrier.
Alaska Air Group, the parent company, includes subsidiaries Alaska Airlines, Hawaiian Holdings, Horizon Air, and McGee Air Services. The recent acquisition of Hawaiian Airlines expands their service to over 140 destinations. Alaska Airlines is a member of the oneworld Alliance, offering extensive travel options through 30 airlines and over 1,000 destinations globally. Alaska Air Group's stock symbol on NYSE is ALK.
Alaska Airlines (ALK) has been approved by the U.S. Department of Transportation to operate new nonstop service between San Diego International Airport and Ronald Reagan Washington National Airport (DCA), becoming the only airline offering this direct route. The carrier will expand its San Diego presence to 40 nonstop destinations with over 70 peak-day departures.
San Diego currently has the highest number of passengers of any U.S. airport without DCA service. The new route will particularly benefit the city's defense, biotech, and communications technology sectors.
Alaska Airlines is enhancing its premium offerings by increasing First Class seats on 737-800 aircraft from 12 to 16 and expanding its Lounge program, with new locations planned in San Diego, Honolulu, and Seattle.
Alaska Air Group announces major expansion with new international routes and enhanced domestic network following Hawaiian Airlines combination. Starting May 12, 2025, daily nonstop flights between Seattle and Tokyo Narita will begin using Hawaiian's Airbus A330-200 aircraft, followed by Seoul Incheon service in October 2025.
The company plans to serve 12 nonstop global destinations from Seattle by 2030. Domestic network improvements include 20% more seats between Seattle-Honolulu, 25% increase in Portland-Honolulu capacity, and new nonstops from San Francisco to Kona and Līhuʻe. Hawaiian's A321 aircraft utilization will increase by 25%, and the combined network will offer improved connectivity for East Coast and Midwest travelers.
Alaska Air Group unveiled 'Alaska Accelerate,' a three-year strategic plan following its Hawaiian Airlines acquisition, targeting $1 billion in incremental profit by 2027. The plan aims to achieve earnings per share of at least $10 and pretax profit margins of 11-13%. The company increased synergy estimates to $500 million and announced new international routes from Seattle to Tokyo and Seoul starting in 2025.
The strategy focuses on four main goals: expanding global connectivity, maintaining Hawaiian Airlines' trust, enhancing travel experience, and diversifying revenue streams. Commercial initiatives include launching a premium credit card, expanding lounge networks, increasing premium seating, and growing cargo operations. For 2025, the company projects a 2-3% capacity increase, EPS of at least $5.75, and plans $250 million in share repurchases.
