NYSE:ALK - New York Stock Exchange, Inc. - US0116591092 - Common Stock - Currency: USD
A fundamental and technical analysis of (NYSE:ALK): Exploring ALASKA AIR GROUP INC (NYSE:ALK)'s high growth characteristics.
ALK is bolstered by robust air travel demand. Shareholder-friendly initiatives are encouraging. However, soaring operating expenses are a major headwind.
Boeing has been in a recovery after a disaster filled 2024 and its recent metrics for January 2025 indicate they edged out oligopoly rival Airbus once again.
JP Morgan analyst Jamie Baker revised ratings and forecasts for several North American airlines, noting concerns about consumer behavior, capacity, and reduced government travel.
ALK's subsidiary Alaska Airlines flight attendants vote overwhelmingly in favor of the new deal.
The Association of Flight Attendants-CWA, the union representing the attendants at the Seattle-based carrier, said that 95% of the votes cast supported the new agreement. The ratified agreement would provide attendants with pay increases ranging between 18.6% and 28.3%, boarding pay, 25 months of retroactive pay and two additional raises over the contract's duration, among other benefits, the union said. In August, the workers had rejected a three-year tentative agreement, which was the first to legally bind boarding pay for unionized flight attendants.
Here is how Alaska Air Group (ALK) and International Consolidated Airlines Group SA (ICAGY) have performed compared to their sector so far this year.
Transportation stocks went sharply in reverse on Friday with the economic bellwether Dow Jones Transport average index falling more than 2.6% in its steepest daily loss since December 18 and its third consecutive decline, as investors reacted to weak economic readings and worried about tariffs. While the transport index pared its losses by the close, most of its stocks fell for the day. Its biggest decliner was Old Dominion, finishing down 8.5%.
The head of French jet engine maker Safran said on Friday he was certain Boeing would reach key production milestones for the 737 MAX jet during this year. "Boeing had a very good start to the year in January," CEO Olivier Andries said, referring to data that saw Boeing outpace European rival Airbus in deliveries for the first time in a single month in almost two years. "I have no doubt that Boeing will reach 38 (MAX aircraft produced) a month during the first half and that it will be at 42 (a month) before the end of the year."
Mentions: BA
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Boeing said it delivered 45 airplanes in January, up from 30 deliveries the previous month. It is the most deliveries in a month for Boeing since 2023.
Mentions: BA
Boeing said on Tuesday that it had delivered 45 airplanes in January, up from 30 deliveries the previous month and the most deliveries in a month for the U.S. planemaker since 2023. The deliveries included 40 737 MAX aircraft, up from 25 delivered in the same month a year ago, when a mid-air blowout on a nearly new Alaska Air 737 MAX 9 grounded the model and brought Boeing under scrutiny from federal regulators. It was Boeing's busiest January for deliveries since 2019.
Mentions: BA
Here is how Alaska Air Group (ALK) and International Consolidated Airlines Group SA (ICAGY) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Alaska Air (ALK) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Alaska Air Group stock saw its IBD SmartSelect Composite Rating rise to 99 Friday, up from 88 the day before.
American, Delta, United, and Alaska all announced record results as the biggest airlines continue to recover from the pandemic downturn.