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.
Hawaiian Airlines has resumed its seasonal service between Honolulu (HNL) and Auckland (AKL), offering direct flights with its Airbus A330 aircraft. This service will run until April 30, 2025, catering to peak travel demand between Hawaii and New Zealand.
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…
Hawaiian Airlines has announced that it will separate with 73 employees by the end of 2024, following its merger with Alaska Airlines.
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.
