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ALK raises its third-quarter 2024 adjusted earnings per share guidance to the range of $2.15-$2.25 from the previously guided range of $1.40 to $1.60.
Alaska Airlines (ALK) lifted its projections for profits and revenue per available seat mile (RASM) for the current quarter, citing lower-than-expected fuel costs and benefits from the troubles of competitors during the July CrowdStrike (CRWD) outage that grounded thousands of flights.
Alaska Air's stock climbed toward a three-month high in early Thursday trading, after the air carrier raised its third-quarter profit outlook, citing continued strong summer-travel demand.
The latest trading day saw Alaska Air Group (ALK) settling at $39.80, representing no change from its previous close.
Demand is starting to pick up and exceed capacity, brightening fall prospects for U.S. airlines.
In the latest trading session, Alaska Air Group (ALK) closed at $35.28, marking a -1.23% move from the previous day.
An Alaska Airlines flight operated on a Boeing aircraft had to return to the airport it took off from on Sunday for an engine issue, local reports state.
A Boeing 737 had to turn around after one of its main engines failed midair. The Alaska Airlines flight landed safely in Seattle.
Boeing (BA) faces more manufacturing woes, the Department of Justice clears a merger for Alaska Airlines (ALK) and Hawaiian Holdings, and reports circulate of Southwest Airlines (LUV) readying for a proxy fight. Kevin Green breaks down a day full of airline news and its impact on the markets.
The proposed Alaska Air- Hawaiian Holdings merger cleared a regulatory hurdle after the DOJ's investigation period expired. Here's what happens next.