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4-Traders Homepage  >  Equities  >  Nyse  >  Alaska Air Group, Inc.    ALK

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Alaska Airlines : expands San Diego service with new nonstop flights to Albuquerque

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10/18/2017 | 02:01pm CEST

SEATTLE, Oct. 18, 2017 /PRNewswire/ -- Alaska Airlines continues to expand service for San Diego guests with the addition of new daily nonstop flights to Albuquerque starting Oct.18. The new route is Alaska Airlines' sixth new nonstop destination to launch from San Diego since August, as the airline continues to expand along the West Coast. Alaska Airlines will have 45 peak day flights to 29 nonstop destinations from San Diego by the end of 2017.

"We continue to invest in our San Diego focus city, with nine new nonstop destinations in 2017," said John Kirby, Alaska's vice president of capacity planning. "Whether traveling to Boston for business or Hawaii for pleasure, San Diego travelers will love our convenient schedules, affordable fares and award-winning loyalty program."

    Summary of new service:


            Start
             Date                  City pair         Departs   Arrives  Aircraft Frequency
            -----                  ---------         -------   -------  -------- ---------

                            Albuquerque- San Diego  2:30 p.m. 3:30 p.m.   E175     Daily

           Oct.18


             ---

                            San Diego - Albuquerque 4:37 p.m. 7:19 p.m.   E175     Daily

             Oct.
              18


             ---
    *Flight times based
     on local time
     zones.

The new San Diego to Albuquerque flights will be operated by Horizon Air 76-seat Embraer 175 jets, which offer similar features as a mainline aircraft including first class and premium class services and in-flight Wi-Fi. The E175 features 12 seats in first class, 12 seats in premium class and 52 seats in the main cabin.

"In 2016, San Diego International Airport hit the milestone of servicing 20 million passengers annually," stated Airport Authority President and CEO, Kimberly Becker. "Our business continues to grow and our partnership with Alaska Airlines has been a significant part of that growth. With 36 daily flights today and more on the horizon, we know that Alaska Airlines' continued expansion will help meet the needs of San Diego customers."

To purchase tickets on Alaska Airlines, visit www.alaskaair.com to find great savings, or call 1-800-ALASKAAIR (800-252-7522 for Hearing & Speech Impaired (TTY): Dial 711 for Relay Services).

Editor's note: High definition b-roll of Alaska Airlines aircraft can be downloaded at https://newsroom.alaskaair.com/multimedia.

Alaska Airlines, together with Virgin America and its regional partners, flies 40 million guests a year to 118 destinations with an average of 1,200 daily flights across the United States and to Mexico, Canada, Costa Rica and Cuba. With Alaska and Alaska Global Partners, guests can earn and redeem miles on flights to more than 900 destinations worldwide. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers in North America" in the J.D. Power North America Satisfaction Study for 10 consecutive years from 2008 to 2017. Learn more about Alaska's award-winning service at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines, Virgin America and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

View original content with multimedia:http://www.prnewswire.com/news-releases/alaska-airlines-expands-san-diego-service-with-new-nonstop-flights-to-albuquerque-300538328.html

SOURCE Alaska Airlines

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Financials ($)
Sales 2017 7 994 M
EBIT 2017 1 526 M
Net income 2017 949 M
Debt 2017 2 347 M
Yield 2017 1,50%
P/E ratio 2017 11,07
P/E ratio 2018 9,86
EV / Sales 2017 1,54x
EV / Sales 2018 1,40x
Capitalization 9 935 M
Chart ALASKA AIR GROUP, INC.
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Alaska Air Group, Inc. Technical Analysis Chart | ALK | US0116591092 | 4-Traders
Technical analysis trends ALASKA AIR GROUP, INC.
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 97,1 $
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
Bradley D. Tilden Chairman, President & Chief Executive Officer
Benito Minicucci Chief Operating Officer & EVP-Operations
Brandon S. Pedersen Chief Financial Officer & EVP-Finance
Charu Jain Chief Information Officer & Vice President
Patricia M. Bedient Lead Independent Director
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