Alaska Air Group Archives

The time period for the U.S. Department of Justice (DOJ) to complete its regulatory investigation has expired

DOJ review period for Alaska and Hawaiian Airlines merger expires

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 […]

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Alaska-Horizon Embraer E175 aircraft © Embraer

Alaska Air Group reports Q1 2024 net loss of US$132 million

Financial

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

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“This combination is an exciting next step in our collective journey to provide a better travel experience for our guests and expand options for West Coast and Hawai‘i travellers,” Ben Minicucci, Alaska Airlines CEO

Alaska Air Group announces US$1.9 billion acquisition of Hawaiian Airlines

Financial

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

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Alaska Air reports first quarter 2008 results

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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

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Alaska Air Group announces stock repurchase program

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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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Alaska Air Group reports full year net income of $125 million

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Alaska Air Group reported full year net income of $125.0 million compared to a net loss of $52.6 million in 2006. The company reported fourth quarter net income of $7.4 million compared to a net loss of $11.6 million in 2006.

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DOJ review period for Alaska and Hawaiian Airlines merger expires

Alaska Air Group reports Q1 2024 net loss of US$132 million

Alaska Air Group announces US$1.9 billion acquisition of Hawaiian Airlines

Alaska Air reports first quarter 2008 results

Alaska Air Group announces stock repurchase program

Alaska Air Group reports full year net income of $125 million

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