Frankfurt - Delayed Quote EUR

Alaska Air Group, Inc. (ALK.F)

42.09

-0.49

(-1.15%)

At close: 8:05 AM GMT+2

Boeing to pay $443 million to airlines for Max 9 grounding as losses and problems mount

Boeing reported a slight smaller loss in the first quarter compared to the same time a year ago and warned investors and employees it will have to cut back production further to deal with quality and safety issues on its production line.

CNN Business 1 hour ago

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Boeing slumps to £276m loss as midair blowout crisis deepens

Losses at Boeing’s commercial aircraft division almost doubled in the first three months of the year as a safety crisis led to a slowdown in deliveries.

The Telegraph 3 hours ago

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Boeing's financial woes continue, while families of crash victims urge US to prosecute the company

Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers. CEO David Calhoun said the company is in “a tough moment,” and its focus is on fixing its manufacturing issues, not the financial results. Company executives have been forced to talk more about safety and less about finances since a door plug blew out of a Boeing 737 Max during an Alaska Airlines flight in January, leaving a gaping hole in the plane.

Associated Press Finance 8 hours ago

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Boeing Crash Victims’ Families Seek to Help DOJ’s Criminal Probe

(Bloomberg) -- US Justice Department officials will meet Wednesday with families of Boeing Co. 737 Max crash victims even as they investigate the company’s operations in the wake of the recent near-catastrophic blowout of a fuselage panel mid-flight.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Soars as Musk’s Cheaper EV

Bloomberg 10 hours ago

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Boeing’s Cascade of Mishaps Fails to Deter Wall Street Backers

(Bloomberg) -- For a company that has been in crisis mode for as long as Boeing Co., the planemaker has some startlingly upbeat support from Wall Street. Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsRay Dalio’s Famous Trade Is Sputtering, Investors BailingBiden’s New Chopper Is Demoted After Scorching White House LawnA near-disaster in Ja

Bloomberg yesterday

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Alaska Air Group First Quarter 2024 Earnings: Beats Expectations

Alaska Air Group ( NYSE:ALK ) First Quarter 2024 Results Key Financial Results Revenue: US$2.23b (up 1.6% from 1Q...

Simply Wall St. yesterday

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The Way Airlines Charge for Bags Is Becoming More Complex and Expensive

Baggage fees are rising or changing at many airlines, and travelers who hyperfocus on airfare can lose out by not considering the total cost.

The Wall Street Journal 2 days ago

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Will airline ticket prices go back up this summer? What experts say.

Travelers have been feeling the brunt of increased travel expenses, but the extra costs may not be coming from where they think.

Yahoo Finance 3 days ago

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Alaska Air Group, Inc. (NYSE:ALK) Q1 2024 Earnings Call Transcript

Alaska Air Group, Inc. (NYSE:ALK) Q1 2024 Earnings Call Transcript April 18, 2024 Alaska Air Group, Inc. beats earnings expectations. Reported EPS is $-1.04787, expectations were $-1.09. ALK isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, ladies and […]

Insider Monkey 5 days ago

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Company News for Apr 19, 2024

Companies In The Article Are:META,NOK,ALLY and ALK

Zacks 5 days ago

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Airline Stock Roundup: UAL & ALK Report Q1 Loss, SAVE Tweaks View

United Airlines' (UAL) Q1 results benefit from strong air travel demand. Allegiant Travel's (ALGT) flight attendants become eligible for a huge pay raise.

Zacks 5 days ago

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Q1 2024 Alaska Air Group Inc Earnings Call

Q1 2024 Alaska Air Group Inc Earnings Call

Thomson Reuters StreetEvents 5 days ago

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Business travel picks up, bolstering outlook for US airlines

U.S. airlines have enjoyed a travel boom for the past three years, but until this past quarter, big-spending corporate travelers had been largely missing. The U.S. airlines that have so far released results - including Delta, United and Alaska Air - all reported a sharp rebound in flying for business purposes. On Thursday, Alaska Air said increased spending by technology companies like Amazon.com and Microsoft in the March quarter increased revenue from corporate travel to pre-pandemic levels.

Reuters 5 days ago

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Alaska Air Group (ALK) Q1 2024 Earnings Call Transcript

ALK earnings call for the period ending March 31, 2024.

Motley Fool 5 days ago

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Alaska Air Is Moving Past Its Boeing Problems. The Stock Rises After Earnings Report.

Alaska Air start to the year has been far from smooth but the turbulence may be easing. Alaska reported Thursday a first-quarter per-share loss of 92 cents. It was always going to be a difficult quarter after a door panel blew off an Alaska Airlines Boeing 737 MAX 9 plane midflight in early January.

Barrons.com 6 days ago

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Alaska Air Group Stock Sees Relative Strength Rating Fly Higher

A Relative Strength Rating upgrade for Alaska Air Group shows improving technical performance. Will it continue?

Investor's Business Daily 6 days ago

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Alaska Air (ALK) Incurs Q1 Loss, Tops Revenue Estimates

Alaska Air's (ALK) first-quarter 2024 revenues benefit from contributions from passenger revenues.

Zacks 6 days ago

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Alaska Air Gets $162M In Initial Compensation From Boeing For January Incident, Issues Robust Q2 Outlook

Alaska Air Group, Inc (NYSE:ALK) reported first-quarter 2024 total operating revenue growth of 2% year-over-year to $2.232 billion, beating the consensus of $2.19 billion. Adjusted EPS stood at $(0.92), down from $(0.62) a year ago, beating the consensus of $(1.05). The airline stated that its first quarter operation and results were significantly impacted by Flight 1282 in January and the Boeing 737-9 MAX grounding, which extended into February. Alaska Air received $162 million in initial cash

Benzinga 6 days ago

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Alaska Air Group posts Q1 beat coming off of Boeing incident

Shares of Alaska Air Group (ALK) are trading higher in Thursday's pre-market session — carrying gains into the market open — after the company reported first-quarter earnings that beat analyst expectations and raised its full-year profit forecast. The better-than-expected results come despite challenges the airline faced earlier in the year, including safety incidents involving Boeing's (BA) 737 Max aircraft in January. Yahoo Finance's Seana Smith and Brad Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Yahoo Finance Video 6 days ago

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Boeing Blowout Pushes Alaska Air to a Loss

The midair blowout of a door plug and the subsequent grounding of the Boeing 737 MAX 9 pushed Alaska Air to a loss in the first quarter. On an adjusted basis, its 92 cent per share loss was less than the $1.05 loss analysts expected. Alaska said it would have posted a $5 million adjusted pre-tax profit if it hadn’t had to deal with the repercussions of the door plug incident.

The Wall Street Journal 6 days ago

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Performance Overview

Return	ALK.F	S&P 500
YTD	+16.95%	+6.33%
1-Year	+6.42%	+22.70%
3-Year	-24.62%	+21.33%

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Alaska Air Group, Inc. (ALK.F)

Boeing to pay $443 million to airlines for Max 9 grounding as losses and problems mount

Boeing slumps to £276m loss as midair blowout crisis deepens

Boeing's financial woes continue, while families of crash victims urge US to prosecute the company

Boeing Crash Victims’ Families Seek to Help DOJ’s Criminal Probe

Boeing’s Cascade of Mishaps Fails to Deter Wall Street Backers

Alaska Air Group First Quarter 2024 Earnings: Beats Expectations

The Way Airlines Charge for Bags Is Becoming More Complex and Expensive

Will airline ticket prices go back up this summer? What experts say.

Alaska Air Group, Inc. (NYSE:ALK) Q1 2024 Earnings Call Transcript

Company News for Apr 19, 2024

Airline Stock Roundup: UAL & ALK Report Q1 Loss, SAVE Tweaks View

Q1 2024 Alaska Air Group Inc Earnings Call

Business travel picks up, bolstering outlook for US airlines

Alaska Air Group (ALK) Q1 2024 Earnings Call Transcript

Alaska Air Is Moving Past Its Boeing Problems. The Stock Rises After Earnings Report.

Alaska Air Group Stock Sees Relative Strength Rating Fly Higher

Alaska Air (ALK) Incurs Q1 Loss, Tops Revenue Estimates

Alaska Air Gets $162M In Initial Compensation From Boeing For January Incident, Issues Robust Q2 Outlook

Alaska Air Group posts Q1 beat coming off of Boeing incident

Boeing Blowout Pushes Alaska Air to a Loss

Performance Overview