Alaska Air Group Inc. (ALK) said Tuesday it is permanently eliminating schedule change fees on all domestic and international flights, effective immediately, as the air carrier joins a number of rivals to do so, starting with United Airlines Holdings Inc. (UAL). Alaska Air said the new policy applies to all tickets, except for Saver fares. The previous $125 change fee applied to all non-Saver flights, except for those traveling on refundable tickets and top elite status members of its Mileage Plan loyalty program. "COVID has taught us that flexibility in travel is key," said Chief Commercial Officer Andrew Harrison. "As we evolve our approach to travel to include more than 100 safety actions, it's important to give our guests flexibility when they book by eliminating change fees." Alaska Air's stock slipped 0.4% in premarket trading Tuesday. It has dropped 42.5% year to date through Monday, while the U.S. Global Jets ETF (JETS) has shed 43.6% and the S&P 500 has gained 8.3%. United said early Monday ( ) that it was eliminating change fees, Delta Air lines Inc. (DAL) and American Airlines Group Inc. (AAL)followed with similar moves ( ).
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
September 01, 2020 08:15 ET (12:15 GMT)
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