Over the past two years, rising fuel prices and fare wars in parts of the U.S. have combined to put pressure on many airlines' profitability. Alaska Air (NYSE: ALK) has been one of the hardest-hit companies.In 2015 and 2016, Alaska's adjusted pretax margin reached 24%, a phenomenal achievement. However, its pretax margin fell to 17% last year and is on track to plunge into single-digit territory in 2018.
The Worst Is Probably Over At Alaska Air Group, Inc.
newsfeedback@fool.com (Adam Levine-Weinberg), The Motley Fool
Wed, 09/19/2018 - 5:30am
BING NEWS:
- Alaska Airlines Acquires Training Facility Once Owned By Boeing: Details
Alaska Air Group Inc (NYSE:ALK) has acquired a new facility in Renton, Washington, dedicated to training programs. The newly purchased hub will enhance the training experience for various staff, ...
05/30/2024 - 11:54 pm | View Link - Why the Market Dipped But Alaska Air Group (ALK) Gained Today
In the latest market close, Alaska Air Group (ALK) reached $41.18, with a +1.3% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 0.6% for the day. On ...
05/30/2024 - 11:00 am | View Link - Alaska aviation museum gets vintage plane back up in the air
The Alaska Aviation Heritage Museums' Grumman Goose plane made its way into the air after being worked on for the last six months.
05/29/2024 - 4:47 pm | View Link - Cold air blob makes “full tour” of Alaska, prolonging winter weather across the state
Cold air from above the North Slope brought another round of wintery weather to Western Alaska, the Eastern Aleutians, Kodiak Island and into South Central ...
05/27/2024 - 11:34 am | View Link - Not a single lesson learned: The Jonesville Mine disaster of 1937
The 1937 explosion is the second deadliest mining disaster in Alaska history, and 20 years later another explosion at the Jonesville Mine northeast of Palmer killed five workers.
05/26/2024 - 3:06 pm | View Link - More
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