ALK Stock Recent News

In the closing of the recent trading day, Alaska Air Group (ALK) stood at $45, denoting a +1.24% change from the preceding trading day.

Alaska Air Group, Inc. acquired Hawaiian Airlines for $1 billion in cash and assumed $0.9 billion in debt, expanding its fleet and route network significantly. The combined fleet now includes Boeing and Airbus aircraft, adding complexity but also new capabilities, especially for long-haul routes and cargo operations. The acquisition enhances Alaska Air's connectivity, adding new Asia Pacific destinations and making Hawaii a major hub, second only to Seattle.

Upbeat air-travel demand supports ALK's growth and adds to the stock's investment-worthiness.

Here, we discuss four PEG-based value stocks that pass our screening criteria. These are ALK, ZIM, PYPL and YELP.

In the most recent trading session, Alaska Air Group (ALK) closed at $41.62, indicating a -0.17% shift from the previous trading day.

HONOLULU , Sept. 24, 2024 /PRNewswire/ -- Hawaiian Airlines today announced it is now offering Starlink's high-speed, low-latency Wi-Fi free of charge to guests onboard all Airbus-operated flights between the islands and the continental U.S, Asia and Oceania.

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.

CLCO, BCH, IDR, ALK and PAM have been added to the Zacks Rank #1 (Strong Buy) List on September 24, 2024.

SEATTLE , Sept. 23, 2024 /PRNewswire/ -- Alaska Air Group, Inc. (the "Company") today announced that it launched a proposed senior secured term loan facility and intends to issue additional pari passu senior secured debt (collectively, the "Mileage Plan Financing").

Alaska Airlines (ALK) said an IT issue was behind an issue with its system that caused flights to be delayed and a ground stop to be issued in Seattle Sunday night.