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Alaska Air Group Inc (ALK.N)

ALK.N on New York Stock Exchange

60.59USD
24 May 2019
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Latest Key Developments (Source: Significant Developments)

El Al Israel Airlines & Alaska Airlines Celebrate Expanded Global Partnership
Monday, 13 May 2019 

Alaska Air Group Inc ::EL AL ISRAEL AIRLINES & ALASKA AIRLINES CELEBRATE EXPANDED GLOBAL PARTNERSHIP.ALASKA AIR GROUP - CO, EL AL ISRAEL AIRLINES EXPANDED COMMERCIAL RELATIONSHIP TO INCLUDE A RECIPROCAL FREQUENT FLYER AGREEMENT.  Full Article

Alaska Air - Air Group Reported A 0.4% Increase In Traffic On A 0.1% Decrease In Capacity In April Load Factor Increased 0.4 Points To 84.7%.
Monday, 13 May 2019 

May 13 (Reuters) - Alaska Air Group Inc ::ALASKA AIR - AIR GROUP REPORTED A 0.4% INCREASE IN TRAFFIC ON A 0.1% DECREASE IN CAPACITY IN APRIL; LOAD FACTOR INCREASED 0.4 POINTS TO 84.7%..  Full Article

Alaska Air Group Sees Q1 Cost Per ASM Excluding Fuel & Special Items Of 9.06 Cents-9.08 Cents
Friday, 12 Apr 2019 

April 11 (Reuters) - Alaska Air Group Inc ::ALASKA AIR GROUP INC - IN MARCH, AIR GROUP REPORTED A 0.5 PERCENT INCREASE IN TRAFFIC ON A 1.3 PERCENT INCREASE IN CAPACITY.ALASKA AIR GROUP INC SEES Q1 REVENUE PASSENGERS 10.4 MILLION.ALASKA AIR GROUP INC - ON COMBINED BASIS FOR ALL OPERATIONS, AIR GROUP LOAD FACTOR DECREASED 0.7 POINTS TO 84.2 PERCENT IN MARCH 2019.ALASKA AIR GROUP INC SEES Q1 LOAD FACTOR 80.3%.ALASKA AIR GROUP INC SEES Q1 ASMS 15,508 MILLION.ALASKA AIR GROUP INC SEES Q1 REVENUE PER ASM 12.08 CENTS - 12.10 CENTS.ALASKA AIR GROUP INC SEES Q1 COST PER ASM EXCLUDING FUEL AND SPECIAL ITEMS 9.06 CENTS - 9.08 CENTS.ALASKA AIR GROUP INC SEES Q1 ECONOMIC FUEL COST PER GALLON $2.13.  Full Article

Alaska Air Group Inc Reports Feb Passenger Load Factor Of 79.3 pct vs 79.4 pct
Friday, 15 Mar 2019 

March 14 (Reuters) - Alaska Air Group Inc ::ALASKA AIR GROUP INC - FEB PASSENGER LOAD FACTOR 79.3% VERSUS 79.4%.ALASKA AIR GROUP INC - SEES Q1 CAPACITY (ASMS IN MILLIONS) 15,500 - 15,550.ALASKA AIR GROUP - ON A COMBINED BASIS FOR ALL OPERATIONS, AIR GROUP REPORTED A 2.0 PERCENT DECREASE IN TRAFFIC IN FEB ON A 1.9 PERCENT DECREASE IN CAPACITY.ALASKA AIR GROUP INC - FEB ASM 4.67 BILLION, DOWN 1.9 PERCENT.ALASKA AIR GROUP INC - SEES Q1 COST PER ASM EXCLUDING FUEL AND SPECIAL ITEMS (CENTS) 9.16¢ - 9.21¢.ALASKA AIR GROUP INC - SEES Q1 ECONOMIC FUEL COST PER GALLON $2.14.  Full Article

Alaska Air Group Lowers Unit Revenue Guidance For The First Quarter To Be Up 1-2 Pct
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Alaska Air Group Inc ::LOWERING UNIT REVENUE GUIDANCE FOR THE FIRST QUARTER TO BE UP 1-2 PCT COMPARED TO THE FIRST QUARTER OF 2018.LOWERING Q1 UNIT REVENUE GUIDANCE DUE TO CLOSE-IN PRICING THAT IS BELOW INITIAL EXPECTATIONS.SEES Q1 2019 REVENUE PER ASM OF 11.97 CENTS TO 12.07 CENTS.OVERALL BOOKINGS SOFTENED DURING PACIFIC NORTHWEST WINTER STORMS PERIOD ADDING FURTHER PRESSURE TO UNIT REVENUES."DESPITE THE SOFTER" Q1 ENVIRONMENT, CO'S REVENUE INITIATIVES "REMAIN ON TRACK TO REACH THEIR ANNUAL RUN-RATE BY MID SECOND QUARTER"."BOOKINGS HAVE RECOVERED" SINCE PACIFIC NORTHWEST WINTER STORMS PERID, "ALBEIT SOMEWHAT SLOWLY".  Full Article

Alaska Air Group Sees 2019 Capacity Of 66,590 Mln ASMS To 66,790 Mln ASMS
Wednesday, 20 Feb 2019 

Feb 19 (Reuters) - Alaska Air Group Inc ::ALASKA AIR GROUP INC SEES 2019 CAPACITY (ASMS IN MILLIONS) 66,590 MILLIONS - 66,790 MILLIONS.ALASKA AIR GROUP INC - SEES FY 2019 COST PER ASM EXCLUDING FUEL AND SPECIAL ITEMS (CENTS) 8.67¢ - 8.72¢.ALASKA AIR GROUP INC - SEES Q1 COST PER ASM EXCLUDING FUEL AND SPECIAL ITEMS (CENTS)(A) 9.25¢ - 9.30¢.ALASKA AIR GROUP INC SEES 2019 FUEL GALLONS 844 MILLION.ALASKA AIR GROUP INC SEES Q1 CAPACITY 15,550 MILLION ASMS TO 15,600 MILLION ASMS.ALASKA AIR GROUP INC SEES Q1 REVENUE PER ASM 12.15 CENTS TO 12.35 CENTS.ALASKA AIR GROUP INC - DURING FEB EXPERIENCED UNUSUAL WINTER WEATHER IN PACIFIC NORTHWEST, WHICH POSED SIGNIFICANT CHALLENGES TO CO'S OPERATIONS.ALASKA AIR - FEB STORMS RESULTED IN CANCELLATION OF ABOUT 1,100 FLIGHTS OVER 10-DAY PERIOD, EXPECT TO HAVE DIRECT FINANCIAL IMPACT OF ABOUT $20 MILLION.ALASKA AIR - FEB CANCELED FLIGHTS DISPROPORTIONATELY HIGHER-RASM REGIONAL FLIGHTS, DIRECT REVENUE IMPACT TO PROVIDE MODEST HEADWIND TO O'S RASM FOR QUARTER.  Full Article

Alaska Air Group Q4 GAAP Earnings Per Share $0.19
Friday, 25 Jan 2019 

Jan 24 (Reuters) - Alaska Air Group Inc ::ALASKA AIR GROUP REPORTS FOURTH QUARTER 2018 AND FULL-YEAR RESULTS; RAISES DIVIDEND 9%.Q4 GAAP EARNINGS PER SHARE $0.19.Q4 ADJUSTED EARNINGS PER SHARE $0.75 EXCLUDING ITEMS.INCREASES QUARTERLY DIVIDEND BY 9 PERCENT.9% INCREASE IN QUARTERLY DIVIDEND, FROM $0.32 PER SHARE TO $0.35 PER SHARE.9% INCREASE IN QUARTERLY DIVIDEND, FROM $0.32 PER SHARE TO $0.35 PER SHARE.QTRLY LOAD FACTOR 83.3 PERCENT VERSUS 83.4 PERCENT.GREW QTRLY PASSENGER REVENUES BY 6% COMPARED TO Q4 OF 2017.QTRLY TOTAL OPERATING REVENUE $2,064 MILLION VERSUS $1,942 MILLION.ALASKA AIR GROUP - QTRLY CASM EXCLUDING FUEL AND SPECIAL ITEMS 8.95 CENTS VERSUS 8.68 CENTS.SEES Q1 COST PER ASM EXCLUDING FUEL AND SPECIAL ITEMS 9.21¢ - 9.26¢.Q4 EARNINGS PER SHARE VIEW $0.71, REVENUE VIEW $2.06 BILLION -- REFINITIV IBES DATA.SEES Q1 CAPACITY (ASMS IN MILLIONS) 15,645 - 15,695.SEES FY19 CAPACITY (ASMS IN MILLIONS) 66,685 - 66,885.SEES FY19 COST PER ASM EXCLUDING FUEL AND SPECIAL ITEMS 8.67¢ - 8.72¢.  Full Article

Alaska Airlines Says Constance von Muehlen Elected As Senior VP Of Maintenance And Engineering
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Alaska Air Group Inc ::ALASKA AIRLINES NAMES THREE VICE PRESIDENTS.ALASKA AIR - ELECTED CONSTANCE VON MUEHLEN, SVP OF MAINTENANCE & ENGINEERING; RON CALVIN, VP OF INFLIGHT & JENNY WETZEL, VP OF LABOR RELATIONS.  Full Article

Alaska Air Group Reports 1 Percent Increase In Nov Traffic
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Alaska Air Group Inc ::ALASKA AIR GROUP INC - REPORTED A 1.0 PERCENT INCREASE IN NOV TRAFFIC ON A 1.2 PERCENT INCREASE IN CAPACITY COMPARED TO NOVEMBER 2017.ALASKA AIR GROUP INC - NOV LOAD FACTOR DECREASED 0.1 PT TO 84.1 PERCENT..ALASKA AIR GROUP INC SEES Q4 REVENUE PER ASM 12.70 - 12.80 CENTS.ALASKA AIR GROUP INC SEES Q4 ECONOMIC FUEL COST PER GALLON $2.36.ALASKA AIR GROUP INC - IN EARLY DECEMBER, RESTRUCTURED THE MAINTENANCE SERVICES PROGRAM ON THE MAJORITY OF AIRBUS ENGINES.ALASKA AIR GROUP INC - TERMINATED EXISTING MAINTENANCE SERVICES AGREEMENT, RESULTING IN A ONE-TIME SETTLEMENT FEE OF $20 MILLION TO BE RECORDED IN Q4.ALASKA AIR GROUP INC - EXPECT TO RECORD AN IMPAIRMENT CHARGE OF $17 MILLION ON OUR Q400 FLEET IN THE FOURTH QUARTER..ALASKA AIR GROUP INC - EXPECT THAT CONSOLIDATED NONOPERATING EXPENSE WILL BE APPROXIMATELY $11 MILLION IN THE FOURTH QUARTER OF 2018..  Full Article

Alaska Air Sees Q4 Revenue Per ASM 12.60-12.80 Cents
Wednesday, 28 Nov 2018 

Nov 27 (Reuters) - Alaska Air Group Inc ::ALASKA AIR GROUP - SEES Q4 REVENUE PER ASM 12.60 CENTS - 12.80 CENTS.ALASKA AIR GROUP INC - SEES Q4 ECONOMIC FUEL COST PER GALLON $2.33.ALASKA AIR - EXCLUDING IMPACT OF NEW LABOR CONTRACTS, SEES 2019 CASMEX TO INCREASE ABOUT 2.0% - 2.5% FROM 2018 GUIDANCE ON 2% EXPECTED CAPACITY GROWTH.ALASKA AIR - RAISED GUIDANCE RANGE PRIMARILY DUE TO IMPROVING YIELD ENVIRONMENT IN QUARTER, IMPACT OF CERTAIN REVENUE INITIATIVES IMPLEMENTED.ALASKA AIR - EXPECT THAT CONSOLIDATED NONOPERATING EXPENSE WILL BE APPROXIMATELY $10 MILLION IN THE FOURTH QUARTER OF 2018.ALASKA AIR GROUP INC - SEES 2-4 PERCENT ANNUAL CAPACITY GROWTH IN 2019-2020.ALASKA AIR GROUP INC - SEES "IMPROVING RASM-CASMX SPREAD" IN 2019-2020.ALASKA AIR GROUP INC - SEES ABOUT $750 MILLION ANNUAL CAPEX INVESTMENT IN 2019-2020.ALASKA AIR GROUP INC - SEES $500 MILLION+ ANNUAL FREE CASH FLOW IN 2019-2020.  Full Article

UPDATE 3-U.S. airlines back up after second system glitch in a week

April 1 Major U.S. airlines were back up and running on Monday after a system-wide outage delayed hundreds of flights and fired-up customer complaints on social media, the second such disruption in a week.