ALK Stock Recent News

Climate technology firm AIR COMPANY said it has secured backing from aviation fuel supplier Avfuel in its latest funding round as it looks to convert carbon dioxide into a range of more climate-friendly products.

Alaska Airlines' (ALK) acquisition of Hawaiian Airlines (HA) received the approval of the Department of Transportation (DOT) Tuesday after the airlines agreed to a number of terms designed to protect travelers.

In the latest trading session, Alaska Air Group (ALK) closed at $40.98, marking a -0.87% move from the previous day.

The Department of Transportation approved the merger between Alaska Airlines and Hawaiian Airlines, provided that the carriers maintain certain conditions.

SEATTLE and HONOLULU , Sept. 17, 2024 /PRNewswire/ -- Alaska Air Group, the parent company of Alaska Airlines, announced today the interim Honolulu leadership team that will guide Hawaiian Airlines operations from transaction close through a full combination of operations under a single operating certificate with two brands – Hawaiian Airlines and Alaska Airlines.

The Department of Transportation on Tuesday allowed Alaska Airlines to close its $1.9 billion acquisition of Hawaiian Airlines, clearing the final regulatory hurdle for a major industry merger that comes after federal officials blocked other deals, after both airlines agreed to several concessions.

CNBC's Phil LeBeau joins 'Power Lunch' to report on the DOT approving Alaska Airlines and Hawaiian Airlines planned merger.

The U.S. Transportation Department said on Tuesday it had agreed to allow Alaska Airlines to close on its $1.9 billion acquisition of Hawaiian Airlines , after the carriers agreed to maintain key Hawaiian routes and adopt consumer protections.

With ALK's shares appreciating lately, we assess the current positioning of the stock to determine if it's a good investment choice at this juncture.

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