Alaska Air Group Inc
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Industrials : Airlines | Mid Cap Value
Company profile

Alaska Air Group, Inc. is the holding company of Alaska Airlines (Alaska), Virgin America Inc., Horizon Air (Horizon) and other business units. The Company operates through three segments: Mainline, Regional and Horizon. Its Mainline segment includes Alaska's and Virgin America's scheduled air transportation for passengers and cargo throughout the United States, and in parts of Canada, Mexico, Costa Rica and Cuba. Its Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the United States under capacity purchased arrangements (CPAs). Its Horizon segment includes the capacity sold to Alaska under CPA. Alaska and Virgin America operate fleets of narrowbody passenger jets. As of December 31, 2016, it maintained two frequent flyer plans: the Alaska Airlines Mileage Plan and the Virgin America Elevate.

Closing Price
$40.59
Day's Change
0.90 (2.27%)
Bid
--
Ask
--
B/A Size
--
Day's High
41.32
Day's Low
38.90
Volume
(Above Average)
Volume:
2,675,840

10-day average volume:
2,278,915
2,675,840

Trump would support more aid to airlines, says White House

10:39 am ET September 17, 2020 (MarketWatch)
Print

President Donald Trump would support legislation to give more financial aid to airlines, White House Chief of Staff Mark Meadows said after meeting with industry executives Thursday, according to a Bloomberg News report (https://www.bloomberg.com/news/articles/2020-09-17/white-house-wants-more-airline-aid-meadows-says-after-meeting). Meadows said the airline industry needs $25 billion and that as many as 50,000 jobs are at risk. As Bloomberg writes, airlines including United Airlines Holdings Inc. (UAL) and American Airlines Group Inc. (AAL) have warned they plan mass layoffs in October, after a federal prohibition expires.

-Robert Schroeder; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 17, 2020 10:39 ET (14:39 GMT)

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