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Alaska Air ( (ALK) ) has provided an update.
On January 22, 2025, Alaska Air Group reported record financial results for the fourth quarter and full year 2024, with $11.7 billion in revenue despite challenges such as the acquisition of Hawaiian Airlines and fleet grounding. The company achieved a 7.1% adjusted pretax margin, amongst the highest in the industry, and announced significant employee incentive payouts. Alaska Air’s strategic plan, ‘Alaska Accelerate,’ aims to leverage its expanded network and enhance customer experience to deliver $1 billion in incremental profit over the next three years.
More about Alaska Air
Alaska Air Group Inc. operates within the airline industry, offering passenger air travel services primarily through its Alaska Airlines and Horizon Air brands. The company focuses on enhancing the travel experience, increasing loyalty, and connecting travelers globally.
YTD Price Performance: 7.12%
Average Trading Volume: 2,566,995
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.74B
For detailed information about ALK stock, go to TipRanks’ Stock Analysis page.
