US0116591092 - Common Stock
ALASKA AIR GROUP INC
NYSE:ALK (4/26/2024, 7:04:00 PM)
After market: 43.96 0 (0%)43.96
-0.59 (-1.32%)
Alaska Air Group, Inc. is a holding company, which engages in the provision of air transportation services. The company is headquartered in Seattle, Washington and currently employs 22,922 full-time employees. The firm operates two airlines, Alaska and Horizon. The firm also includes McGee Air Services, an aviation services provider. The firm operates through three segments: Mainline, Regional and Horizon. Its Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the United States, and in parts of Mexico, Costa Rica and Belize. 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 and Canada under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. Mainline operations include Boeing 737 (B737) and Airbus A320 family (A320 and A321neo) jet service offered by Alaska. Its Regional operations consist of flights operated by Horizon and SkyWest.
ALASKA AIR GROUP INC
19300 International Blvd
Seattle WASHINGTON 98188
P: 12063925040
CEO: Bradley D. Tilden
Employees: 22922
Website: https://investor.alaskaair.com/
WalletHub compared the nine largest U.S. airlines, plus one regional carrier, across three major categories.
The manufacturer has had to slow production of its popular 737 Max planes after a hole blew open on a jet during an Alaska Airlines flight in January.
Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers. Boeing's CEO said the company is in “a tough moment,” and its focus is on fixing its manufacturing issues, not the financial results. Company executives have been forced to talk more about safety and less about finances since a door plug blew out of a Boeing 737 Max during an Alaska Airlines flight in January, leaving a gaping hole in the plane.
US Justice Department officials will meet Wednesday with families of Boeing Co. 737 Max crash victims even as they investigate the company’s operations in the wake of the recent near-catastrophic blowout of a fuselage panel mid-flight.
Boeing has been mired in a safety crisis since a door plug blew off a 737 Max 9 in early January.
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