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Alaska Air Group Inc   (ALK)
Other Ticker:  
 
    Sector  Transportation    Industry Airline
   Industry Airline
   Sector  Transportation
 
Price: $38.2100 $0.03 0.079%
Day's High: $38.315 Week Perf: -1.04 %
Day's Low: $ 37.89 30 Day Perf: 1.22 %
Volume (M): 48 52 Wk High: $ 57.18
Volume (M$): $ 1,816 52 Wk Avg: $40.95
Open: $38.17 52 Wk Low: $30.75



 Market Capitalization (Millions $) 4,936
 Shares Outstanding (Millions) 129
 Employees 22,833
 Revenues (TTM) (Millions $) 10,352
 Net Income (TTM) (Millions $) 259
 Cash Flow (TTM) (Millions $) 180
 Capital Exp. (TTM) (Millions $) 5,324

Alaska Air Group Inc

Alaska Air Group ("Air Group") operates Alaska Airlines ("Alaska") and Horizon Air ("Horizon"), which together with its partner regional airlines serve more than 100 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico.

Our objective is to be one of the most respected U.S. airlines by our customers, employees, and shareholders. We believe our success depends on our ability to provide safe air transportation, develop relationships with customers by providing exceptional customer service and low fares, and maintain a competitive cost structure to compete effectively. It is important to us that we achieve our objective as a socially responsible company that values not just our performance, but also our people, our community, and our environment.

While aircraft and technology enable us to provide air transportation, we recognize this is fundamentally a people business. Our employees maintain and strengthen our relationships with our customers, and our success depends on our employees working together to successfully execute on our strategy. In 2014, Alaska Airlines ranked "Highest in Customer Satisfaction among Traditional Network Carriers" by J.D. Power for the seventh year in a row. Alaska Airlines also held the No. 1 spot in the Wall Street Journals "Middle Seat" scorecard for U.S. airlines for two years in a row. We have been the leader in the industry for on-time performance among major airlines for the past five years. For achieving safety, customer service, operational and financial goals, we rewarded our employees with a record $116 million in incentive pay.

Alaska Air Group is a Delaware corporation incorporated in 1985 and the holding company of Alaska Airlines and Horizon Air. Although Alaska and Horizon both operate as airlines, their business plans, competition, and economic risks differ substantially. Alaska Airlines is an Alaska corporation that was organized in 1932 and incorporated in 1937. Horizon Air Industries is a Washington corporation that first began service and was incorporated in 1981. Horizon was acquired by Air Group in 1986. Alaska operates a fleet of passenger jets (mainline) and contracts with Horizon, SkyWest Airlines, Inc. (SkyWest) and Peninsula Airways, Inc. (PenAir) for regional capacity such that Alaska receives all passenger revenue from those flights. Horizon operates a fleet of turboprop aircraft and sells all of its capacity to Alaska pursuant to a capacity purchase arrangement. The majority of our revenues are generated by transporting passengers, but in recent years we have focused on growing our ancillary revenues.

We offer extensive north/south service within the western U.S., Canada and Mexico, and passenger and dedicated cargo services to and within the state of Alaska. We also provide long-haul east/west service to Hawaii and 24 cities in the mid-continental and eastern U.S., primarily from Seattle, where we have our largest concentration of departures; although we do offer long-haul departures from other cities as well.

Our regional operations consist of flights operated by Horizon, SkyWest and PenAir. In 2014, our regional operations carried approximately 8.3 million revenue passengers, primarily in the states of Washington, Oregon, Idaho and California. Horizon is the largest regional airline in the Pacific Northwest and carries about 90% of Air Groups regional revenue passengers.

The airline industry is highly competitive, subject to various uncertainties, and has historically been characterized by low profit margins. Uncertainties include general economic conditions, volatile fuel prices, industry instability, new competition, a largely unionized work force, the need to finance large capital expenditures and the related availability of capital, government regulation, and potential aircraft incidents. Airlines have high fixed costs, primarily for wages, aircraft fuel, aircraft ownership, and facilities rents. Because expenses of a flight do not vary significantly based on the number of passengers carried, a relatively small change in the number of passengers or in pricing has a disproportionate effect on an airline’s operating and financial results. In other words, a minor shortfall in expected revenue levels could cause a disproportionately negative impact on our operating and financial results. Passenger demand and ticket prices are, to a large measure, influenced by the general state of the economy, current global economic and political events, and total available airline seat capacity.

The airline industry reported record revenues and profits as the global economy continued to recover and oil prices were stable for most of the year, with a significant decline in the fourth quarter. As the industry strengthens, airlines are now making significant investments in airports, in new planes, and in new services to differentiate their customer service offering. Thus, the level of competition is expected to increase.



   Company Address: 19300 International Boulevard, Seattle, 98188 WA
   Company Phone Number: 392-5040   Stock Exchange / Ticker: NYSE ALK
   


Customers Net Income fell by ALK's Customers Net Profit Margin fell to

-22.89 %

7.07 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AAL   -4.71%    
DAL        1.59% 
JBLU      0% 
LUV   -2.61%    
SAVE   -4.45%    
UAL        3.27% 
• View Complete Report
   



Alaska Air Group Inc

Alaska Air Group Inc's Remarkable Contribution in Profit Margins During Fiscal Interval Closing Sep 30, 2023



Alaska Air Group Inc (ALK) recently reported its financial results for the fiscal period ending September 30, 2023. The data reveals an impressive increase in income, driven by a substantial growth in earnings per share (EPS). However, the overall revenue growth remained sluggish. While the company's profitability and profit margins improved, there are certain aspects, such as inventory buildup and declining accounts receivable, that warrant attention. Understanding the implications of these results will help in assessing ALK's future prospects.
Astounding Income Boost with Moderate Revenue Growth:
Despite a mere 0.389% rise in revenue to $2.84 billion compared to the previous reporting season, ALK witnessed a remarkable surge in income. The EPS skyrocketed by 248.39% to $1.08 per share. This colossal growth in earnings signifies the company's ability to maximize profitability through efficient cost management and operational strategies. However, the relatively stagnant revenue growth suggests challenges in generating increased sales.

Alaska Air Group Inc

ALK Shatters Expectations with Stellar Revenue Rise: Alaska Air Group Inc. Sees a Record-shattering 70.64% Income per Share Increase

Article:
Alaska Air Group Inc (NYSE: ALK) has been performing well in the stock market over the last five trading days, with shares experiencing a 1.65% increase. This positive trend has resulted in a year-to-date performance of 13.66%. Furthermore, the current trading price on the NYSE is 4.4% above its 52-week average. These figures indicate a strong market position for the company.
Analyzing the financial results for the April to June 30, 2023, period, it is evident that Alaska Air Group Inc has achieved significant growth. The income per share has shown a remarkable increase of 70.64% from $1.09 to $1.86 compared to the previous year. Additionally, the company has successfully turned its income per share positive from -$1.11 per share in the previous quarter. These numbers indicate a positive upswing in profitability.

Alaska Air Group Inc

Alaska Air Group Inc Faces Mixed Results in Fiscal First Quarter of 2023

Alaska Air Group Inc has reported its fiscal first quarter results for 2023, and the numbers paint a mixed picture for the airline company. On one hand, the revenue has increased by an impressive 15.64% to $2.20 billion from the same quarter a year prior. However, the news is not as good when looking at the net earnings, which dropped from a positive $18.000 million in the 2022 quarter to a negative $142.000 million in the 2023 corresponding period.
The income per share has improved sequentially from $-2.43 per share to $-1.11 per share, but this is still worse than the $0.14 per share from the 2022 fiscal first quarter. The financial report shows a lot of inconsistencies across the different metrics, making it difficult to draw straightforward conclusions about the company's performance.






 

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