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'I am Angry,' Says Alaska Airlines CEO On Boeing 737 Max 9 Mid-Air Blowout, Reveals Many Loose Bolts Found On Inspections
Tuesday, January 23, 2024 - 9:05pm | 844Read More...Alaska Airlines Group, Inc (NYSE:ALK) CEO, Ben Minicucci, has recently disclosed that internal inspections have brought to light a significant number of loose bolts on their 737 Max 9 aircraft, manufactured by The Boeing Company (NYSE:BA). This revelation follows a near-miss incident earlier this...
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Boeing CEO Says Company Needs To Acknowledge 'Mistake' As 737 Max 9s Remain Grounded
Tuesday, January 9, 2024 - 6:54pm | 405Read More...Boeing Company (NYSE: BA) CEO David Calhoun on Tuesday told employees the company will acknowledge its mistake and act with complete transparency as investigations into Friday’s incident involving a Boeing 737 Max 9 proceed. What Happened: According to a Wall Street...
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Alaska Air Group Posts Strong Fourth-Quarter Earnings
Wednesday, January 29, 2020 - 9:50am | 307Read More...Alaska Air Group Inc's (NYSE: ALK) fourth-quarter 2019 net earnings jumped to $181 million, or $1.46 per share, on lower fuel and aircraft maintenance costs, reduced expenses related to its acquisition of Virgin America, and an 8% increase in revenue, the company said Wednesday. For the full year...
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Alaska Air Reports Beats Earnings Expectations – Once It Excludes Lingering Merger Costs
Thursday, April 25, 2019 - 6:02pm | 598Read More...Alaska Air Group (NYSE: ALK) reported its financial results for the first quarter of 2019 after markets closed on April 25. Net income according to generally accepted accounting principles (GAAP) was flat at $4 million and $0.03/share, while non-GAAP earnings excluding merger costs and mark-to-...
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Citi Raises Price Target On Alaska Air Group To $79
Tuesday, June 14, 2011 - 9:45am | 90Read More...According to Citi, Alaska Air Group (NYSE: ALK) target is raised to $79 from $77. Citi said that ALK reported May 2011 revenue growth of about 14% YoY on an 8.3% increase in RASM and 5.2% lift in capacity. “We see ALK as a hidden gem among airlines as result of its attractive valuation and more...
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CRT Capital Upgrades Alaska Air Group To Buy
Thursday, March 31, 2011 - 9:29am | 22Read More...CRT Capital has upgraded Alaska Air Group (NYSE: ALK) from Fair Value to Buy.
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Airline Shares Fall (ALK) (JBLU) (AMR) (DAL) (UAUA)
Thursday, January 28, 2010 - 6:24pm | 248Read More...Airline stocks fell sharply during Thursday trading. The move was in line with the broader market, as the S&P 500 (NYSE: SPY) was down for the day. Alaska Air Group Inc. (NYSE: ALK) shares fell over 10% after the airline reported profits much lower than those anticipated by analysts, partly due...
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Airline Shares Mixed After United Airlines (UAUA) Reports Lower Than Expected Loss
Wednesday, January 27, 2010 - 4:49pm | 176Read More...Shares of airline companies were mixed on Wednesday after UAL Corporation (Nasdaq: UAUA), the parent company of United Airlines, posted a lower than expected loss. For the past week, many airlines have been posting lower than expected losses. However, after a three month run up in prices, investors...
