Japan Airlines (JAL) has expressed its intention to incorporate Alaska Air Group into its existing trans-Pacific joint venture with US-based American Airlines. Although JAL has clearly indicated this strategic interest, no specific timeline for the inclusion was provided.
Alaska Air Group, a leading U.S. airline group, has announced impressive financial results for 2024, showcasing strong growth across key metrics. The company reported a 13% increase in total revenue, reaching $11.7 billion, and achieved a net income of $395 million for the year.
Alaska Air Group (US) has introduced its ambitious “Alaska Accelerate” strategic plan, charting a three-year roadmap aimed at unlocking US$1 billion in incremental profit and significant value creation following its combination with Hawaiian Airlines (US). The strategy underscores the Group’s focus on delivering enhanced operational efficiency, improved profitability, and stronger shareholder returns.
Alaska Air Group has reported its financial results for the third quarter ending September 30, 2024, showcasing a strong performance that positions the company at the forefront of the airline industry. The company achieved a GAAP pretax margin of 10.7% and earnings per share (EPS) of $1.84. Excluding special items and mark-to-market fuel hedge accounting…
In a move to enhance financial flexibility, Alaska Air Group, through its subsidiary AS Mileage Plan IP, successfully issued $1.25 billion in senior secured notes.
