How much money would you have made on Alaska Air Group Inc?

Summary

Alaska Air Group, Inc. (ALK) is a major airline holding company based in SeaTac, Washington, United States. The company was founded in 1932 as McGee Airways, offering flights from Anchorage, Alaska. In the 1940s, the company changed its name to Alaska Airlines after it expanded its operations to the contiguous United States. In 2011, Alaska Air Group acquired Virgin America, a low-cost carrier based in Burlingame, California, which it operated as a separate brand until 2019, when it merged Virgin America's operations into Alaska Airlines.

As of 2021, Alaska Air Group operates a fleet of more than 300 aircraft, serving over 115 destinations across the United States, Canada, Mexico, and Costa Rica. The company's main brands are Alaska Airlines and Horizon Air, a regional airline that operates flights within the western United States and Canada. In addition to its main airline brands, Alaska Air Group also owns and operates several other subsidiaries, including Alaska Lounge, a network of airport lounges for Alaska Airlines passengers, and Alaska Global Partners, a joint venture with other airlines that allows Alaska Airlines to offer flights to destinations beyond its own network.

Alaska Air Group's latest market offerings include a variety of fare classes, including First Class, Premium Class, and Main Cabin. The company also offers a loyalty program called Alaska Miles, which allows passengers to earn and redeem miles on Alaska Airlines and partner airlines.

In the latest quarter, Alaska Air Group reported net income of $146 million, a significant increase from the same quarter a year earlier. The company attributed the increase to strong demand for air travel and a reduction in operating expenses. Alaska Air Group also reported strong passenger traffic, with a record-high load factor of 87.4% for the quarter. Overall, the company's financial performance has been strong in recent quarters, thanks in part to the recovery of the travel industry following the impact of the COVID-19 pandemic.

Background

Alaska Air Group Inc, located at 19300 international boulevard, seattle, wa, us specializes in the air transportation, scheduled industry. It is currently listed on the exchange NYSE in the country USA.

The company's last annual earnings report on 2022-09-30 showed that it had reached a market cap of 5,993,096,000 $.

If someone had invested $100 in Alaska Air Group Inc 10 years ago, their investment would be worth roughly $-37.27 today, according to If You Had Invested

If you had invested...

The stock price of a company is a reflection of the company's performance and for ALK, its stock has been tanking. If you had invested $1,000 in Alaska Air Group Inc 1 year ago and held onto your investment until today , here's what would have happened:

Your investment would now be worth roughly $818.83 today.

Financials

If you are looking for a company with a strong dividend yield then Alaska Air Group Inc has a dividend yield of 0.0534 making it a okay dividend company to invest in. If you are going to buy some ALK stock for dividends make sure you buy before 2020-02-14

In terms of growth Alaska Air Group Inc has had a turn for the worst with a Quarterly Earnings growth rate of -0.797. At the same time revenue growth has been to the moon with a rate of 0.448.

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As Alaska Air Group Inc continues on its journey to become a 898,964,400,0.0 dollar company, there is no doubt that the stock will continue to rise. You should watch out for any major announcements about their products or recent earnings. If you wish to invest in the stock market but are not sure where to start, start by signing up on Robinhood

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