Topic: Alaska Air Group Inc.
Sector Snap: Airline stocks fall
AP News
Airline stocks fall, ending two-day rally as broader market also swoonsFollowing the pattern of the broader market, shares of major U.S. airlines fell on Wednesday, ending a two-day rally. The Amex airlines index lost 2.7 percent, with all 13 of its components lower in afternoon trading. The Dow ...
Alaska Air swings to 4Q profit
AP News
Alaska Air Group swings to fourth-quarter profit of $24.1M on higher salesAlaska Air Group Inc., operator of Alaska Airlines and Horizon Air, said more traffic partly due to aggressive fare promotions and higher revenue helped it posted a $24.1 million fourth-quarter profit. The company, based in Seattle, said ...
Airlines stay cautious despite signs of rebound
AP News
Airlines remaining cautious despite signs business travel is picking upMost major airlines aren't planning to grow much this year, even as their reservation systems show a rebound in business travel. Corporate bookings are picking up. More people are flying. But the mixed earnings show that the airlines still have ...
US Airways, JetBlue beat estimates, shares rise
Reuters US Online Report Business News
CHICAGO (Reuters) - US Airways Group <LCC.N> and JetBlue Airways Corp's <JBLU.O> posted quarterly results that beat expectations and sent their shares higher, underscoring a recovery in the industry clobbered recently by sagging travel demand. US Airways saw a narrowed fourth-quarter loss and JetBlue ...
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