Alaska Air Group Stock News

The FAA recently determined that 5G could interfere with vital safety instruments on airplanes, prompting airline CEOs to write a letter urging government officials not to implement 5G near certain ai

Pilot Shortage Forces Delta, American Air To Cut Regional Flights A pilot shortage has led Delta Air Lines Inc. and American Airlines Group to slash regional flights around the country, prolonging travel pains that first emerged during Christmas Eve. Bloomberg reports Delta will slash a quarter of its flights through the first half of this year. American is expected to drop 580 March flights at its wholly-owned Piedmont Airlines and a number of flights at its regional partners SkyWest Inc. and Mesa Air Group Inc. The shortage is not just because pilots call out sick for COVID-19 as the omicron variant spreads rapidly. There is a lingering pandemic effect of thousands of pilots who retired in early 2020, and now there''s not enough as travel rebounds. During an earnings call on Thursday, Delta CEO Ed Bastian told investors that 100 to 200 pilots will be added to the roster every month into 2023. By the second half of this year, the airline is "pretty confident" that it would restore flights that were cut in the first half, President Glen Hauenstein said on the call.

2022 is a stock pickers market and the recent dip provides us with some favorable pricing for these winning picks.

Turbulence Hits United Air As 3,000 Employees Infected With COVID Airlines have canceled more than 20,000 flights since Christmas Eve as coronavirus outbreaks among workers disrupt schedules across the US. United Airlines Holdings Inc. Chief Executive Officer Scott Kirby described in an internal memo to workers on Tuesday that the rapidly spreading omicron variant of COVID-19 has resulted in thousands of its workers calling out sick, forcing the airline to reduce its near-term flight schedule. "In one day alone at Newark, nearly one-third of our workforce called out sick," Kirby wrote. "To those who are out sick or isolating, we wish you a speedy recovery." He said approximately 3,000 of its workers are currently infected. That figure represents about 3.5% of its 85,000 employees. A company spokeswoman told Bloomberg the airline would reduce its flight schedule in January and February "on an ongoing basis" to adapt to fluctuating staffing levels. There was no word from the airline on capacity numbers for the schedule reductions.

ALK, AXL, and ZNH have been added to the Zacks Rank #5 (Strong Sell) List on January 11, 2022

ZeroAvia, a green aviation company with backing from tech giants and major airlines, is building a research-and-development space north of Seattle at Everett's Paine Field.

Alaska Air Group (ALK) unit Alaska Airlines plans to cut January flights by roughly 10% due to a spike in coronavirus cases among its staff.

Airline stocks lagged the broad market recovery in 2021, and the COVID-19 omicron variant outbreak in the fourth quarter negatively impacted the global travel industry for the holiday season. One analyst said

The industry has been struggling in recent weeks due to a high number of employees calling off sick with COVID-19 or being forced to isolate after getting in close contact with someone with the virus.

Airline stocks lagged the broad market recovery in 2021, and the COVID-19 omicron variant outbreak in the fourth quarter negatively impacted the global travel industry for the holiday season. One anal

(Reuters) – Alaska Airlines, a unit of Alaska Air Group, said on Thursday it will reduce its flight departures by about 10% through the end of January, due to a surge in Omicron infections and a rise in employees calling in sick.

Alaska Airlines, a unit of Alaska Air Group, said on Thursday it will reduce its flight departures by about 10% through the end of January, due to a surge in Omicron infections and a rise in employees

Alaska Air Group Inc. stock rises Tuesday, outperforms market MarketWatch

MKM says carriers benefiting from international and corporate recovery or have a compelling cost story will be this year''s winners.

MKM Partners analyst Conor Cunningham believes that the new year will be a key moment of transition for airlines as they seek to turn a modest profit despite continued COVID-19 headwinds. Cunningha