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Alaska Airlines said Boeing paid it $162 million so far in compensation for the 737 Max grounding.
Alaska Air Group forecast a better-than-expected profit for the current quarter on Thursday, driven by strong travel demand and expectations for a strong summer season.
Alaska Air Group is not concerned about the production rate of Boeing's 737 MAX planes as it is more focused on the quality and safety of the planemaker's jets, a top company executive said on Thursday.
Wall Street's spotlight is turning to the nationwide ground stop for Alaska Airlines (NYSE: ALK ), which the Federal Aviation Administration (FAA) recently lifted. While this was a concerning news item following a major safety issue earlier this year, ALK stock is actually gaining significantly today.
The Federal Aviation Administration issued an advisory Wednesday morning for Alaska Airlines to pause departures across all airports Wednesday, a halt the major airline said was related to a problem with its system for calculating weight.
Beyond analysts' top -and-bottom-line estimates for Alaska Air (ALK), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
Alaska Air's (ALK) bottom line is under pressure from increasing fuel costs, which is likely to impact its upcoming first-quarter earnings results.
We believe that stocks like General Motors (GM), CVR Energy (CVI), Alaska Air (ALK), Alta Equipment (ALTG) and Bread Financial (BFH) should be on an investor's watchlist.
Alaska Air (ALK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Alaska Air Group (ALK) concluded the recent trading session at $42.48, signifying a +1.72% move from its prior day's close.