An announcement from Alaska Air ( (ALK) ) is now available.
Alaska Air Group’s recent acquisition of Hawaiian Holdings has bolstered its financial outlook, with expectations for strong Q3 2024 results, including industry-leading adjusted pre-tax margins. The company anticipates continued revenue growth into Q4, driven by robust bookings. A $2 billion loyalty financing has been completed, projected to save over $35 million annually through debt refinancing. The consolidated Q3 earnings release is set for October 31, 2024, with further insights to be shared at the Investor Day in December.
For a thorough assessment of ALK stock, go to TipRanks’ Stock Analysis page.
