Yahoo Finance Alaska Air (ALK) Arm to Add Flight Between Sacramento & Kona
Alaska Air Group, Inc.’s ALK subsidiary Alaska Airlines has announced a new nonstop service between Sacramento, CA and Kona on Hawaii's Big Island. The service is expected to be operational from Dec 20 and will be the only one connecting the two places.
Airplanes on the route will ply thrice weekly. The airline currently operates nonstop flights from Sacramento to Maui, Hawaii. The additional service to Hawaii is in response to strong demand for travel to the region.
Passengers travelling on the route will experience high-quality services and can earn as well as redeem miles with the airline’s mileage program. Moreover, developments are underway to further enhance the flying experience of customers.
Alaska Air Group, Inc. Price
Alaska Air Group, Inc. Price | Alaska Air Group, Inc. Quote
Alaska Airlines totals 29 daily departures on an average to the Hawaiian Islands from 10 West Coast cities including six Californian sites, namely Los Angeles, Sacramento, San Diego, San Francisco, San Jose and Oakland.
The newly announced service also lays emphasis on the carrier’s commitment to widen base across the West coast. In another West Coast expansion initiative, Alaska Airlines recently notified its intention to launch non-stop flights connecting San Diego with Spokane, WA from Oct 1, 2018. These will be the only flights to operate between the two places. As a result, traffic on the route is expected to be high.
Zacks Rank & Key Picks
Alaska Air carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Transportation sector are GATX Corporation GATX, SkyWest, Inc. SKYW and Expeditors International of Washington, Inc. EXPD. While GATX and SkyWest carry a Zacks Rank #2 (Buy), Expeditors sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
In the past six months, shares of GATX and Expeditors have rallied more than 17% and 18%, respectively, while SkyWest stock has gained above 5%.
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SkyWest, Inc. (SKYW) : Free Stock Analysis Report
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