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Archive for the ‘Alaska Airlines’ Category

Airline stocks still hot

CAL up 35% in the month, DAL up 10% this week. The NYSE ARCA shows an increase of 25.62% This is all attributed to lower fuel costs, lower capacity, and fares staying put. CNBC analysts remain bullish on jetBlue stock and Alaska Air stock. I think airline stocks stink, but the past month shows differently.

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Alaska Air CEO, Bill Ayer, on CNBC

Alaska Air CEO, Billy Ayer, spoke to CNBC regarding the modest profit the carrier made. Ayer stressed that leisure traffic was and will be a big part of the business model, namely to resort destinations, like Mexico and Hawaii. Since other carriers have reduced capacity to Hawaii, Alaska Air plans to increase serve to the Hawaiian islands to fill that void; especially from northern California. He went on to say that the focus remains on keeping costs low, and providing a service that the customers want.

He did not touch on the new expanded partnership with Delta and what that may look like for the future. I am sure Delta would like to own a chunk of Alaska Air and make the profitable Seattle a future hub.

Stock ticker ALK

 

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Categories: Alaska Airlines Tags: ,

Alaska Airlines comes to Atlanta

Old news, I know, but there is not a lot of chatter about this airline coming to Deltaland. Today, I saw their kiosks at terminal south.

They probably will continue to serve Atlanta, since they are arm in arm with Delta management.

Alaska Air kiosk

Alaska Air kiosk

Categories: Alaska Airlines