Alaska Airlines is a wholly owned company of Alaska Air Group. It is getting ready to establish more nonstop routes from the West Coast to well-liked winter destinations in order to broaden its offerings. There are currently flights to La Paz, Mexico, from Los Angeles.
The remaining nine routes connecting the West Coast to various winter locations will open in December. New connections from Fresno to Guadalajara and Boise to Bozeman are among the December route improvements.
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The new routes would make it easier for passengers to access both sunny and snowy areas, appealing to a wide range of customers’ winter break preferences. By connecting prominent locations such as Fresno, Boise, Los Angeles, and San Diego to desirable places, the airline is positioning itself to satisfy rising demand for both leisure and adventure travel.
Alaska Air’s effort to enhance accessibility to major locations while also providing passengers with greater flexibility and convenience is admirable. The airline’s regional footprint and capacity to deliver an outstanding travel experience are reinforced by its emphasis on smooth travel and increased West Coast operations.
Furthermore, Alaska Airlines has partnered with prominent snowy destinations for the 2024-2025 ski season to improve visitors’ winter vacations. Alaska Airlines adds value to winter travels by providing additional advantages and extending its relationships, making it easier for travelers to enjoy their mountain excursions.
ALK Stock Price Performance
ALK shares have climbed 36.8% year to date, driven by the positive outlook for air travel demand, compared to 34.7% growth in the industry.
ALK’s Zacks Rank
ALK currently has a Zacks Rank #3 (Hold).
Stocks To Consider
Investors interested in the Zacks Transportation sector might investigate higher-ranked stocks. For example, SkyWest SKYW and Westinghouse Air Brake Technologies WAB.
At the moment, Westinghouse Air Brake Technologies is ranked #2 (Buy) on Zacks. The complete list of today’s Zacks #1 Rank (Strong Buy) stocks is available here.
This year, WAB anticipates a 2.01% increase in earnings. The business has an exceptional history of financial surprises. For an average beat of 9.46%, its earnings have surpassed the Zacks Consensus Estimate in three of the last four quarters and missed once. Over the past year, WAB shares have increased by 70.7%.
SkyWest is now ranked #1 in the Zacks Rank with an expected earnings growth rate of 4.07% for the current year.
When it comes to earnings surprises, the company has a solid track record. having spent the last four quarters above the Zacks Consensus Estimate. The average beat is 79.12 percent. SKYW shares have risen by 145.8% in the last year.
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