Alaska Air Group has unveiled major leadership changes. The moves highlight its focus on operational excellence and its people-first culture. Chief Operating Officer Constance von Muehlen will retire after nearly 15 years with Alaska Airlines. She joined in 2011 and became COO in 2021. During her tenure, she guided the airline through growth and transformation. […]
Alaska Air Group reshapes top team Read More »
Alaska Air Group has announced that Diana Birkett Rakow will become CEO of Hawaiian Airlines with effect from October 29. She previously served as Senior Vice President of Public Affairs and Sustainability at Alaska Airlines, and will succeed Joe Sprague, who will retire following a long career at Alaska Airlines, Horizon Air and Hawaiian Airlines.
Alaska Air Group announces leadership changes with new CEO Read More »
Comply365, a global provider of document management, compliance, training and safety management solutions for the aviation, rail, and defence industries, has announced a new partnership with Alaska Airlines to implement its DocuNet platform across the airline’s operations. The adoption of DocuNet marks the start of a transformative collaboration aimed at modernising and streamlining Alaska Airlines’
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Alaska Air Group has announced its financial results for the fourth quarter and full year ending December 31, 2024, which now include Hawaiian Airlines from September 18, 2024. The Group reported net income under Generally Accepted Accounting Principles (GAAP) of US$71 million, or US$0.55 per share, for the fourth quarter and US$395 million, or US$3.08
Alaska Air Group reports strong 2024 financial results Read More »
Alaska Airlines (Alaska) has unveiled an ambitious plan to achieve an additional US$1 billion in profits by 2027, leveraging its acquisition of Hawaiian Airlines and rising demand for premium travel. The announcement, made on Tuesday, December 10, caused a surge in the carrier’s share price, climbing 12% to US$60.81. Based in Seattle, Washington, Alaska Airlines
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The review period for Alaska Air Group under the Hart-Scott-Rodino Act has officially expired, according to a statement on the company’s website. Following this expiration, Alaska Air Group Inc is now awaiting further instructions or next steps from the Department of Transportation (DOT). This development represents a significant milestone in the proposed merger between Alaska
DOJ review period for Alaska and Hawaiian Airlines merger expires Read More »
Alaska Air Group has reported a net loss for the first quarter of 2024 (under generally accepted accounting principles, GAAP) of US$132 million, compared to a net loss of US$142 million for the first quarter of 2023. The reported net loss for the first quarter of 2024, excluding special items and mark-to-market fuel hedge accounting
Alaska Air Group reports Q1 2024 net loss of US$132 million Read More »
Alaska Air Group has reached an agreement to acquire its rival, Hawaiian Airlines, in a deal valued at US$1.9 billion. This transaction marks the second proposed airline merger in less than two years and sets the stage for a potential regulatory battle. Under the terms of the agreement, Alaska Air Group will purchase Hawaiian Airlines
Alaska Air Group announces US$1.9 billion acquisition of Hawaiian Airlines Read More »
Alaska Air Group reported a first quarter net loss of $35.9 million compared to a net loss of $10.3 million in the first quarter of 2007. Both periods include adjustments resulting from mark-to-market fuel hedge accounting. Excluding the impact of these adjustments, the company would have reported a net loss of $36.3 million compared to
Alaska Air reports first quarter 2008 results Read More »
Alaska Air Group released that its board of directors approved a stock repurchase program authorizing the company to purchase up to $50 million of its common stock. The new program follows the completion on Feb. 29, 2008, of a program to repurchase $100 million of the company’s outstanding stock. Under the program just completed, the
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