Yahoo Finance Alaska Air's (ALK) Arm Includes British Airways Flights
Alaska Airlines, a subsidiary of Alaska Air Group, Inc. ALK, is gearing up to connect more passengers between London and the Pacific Northwest. To this end, Alaska Airlines is extending its partnership with British Airways (a founding member of the oneworld alliance) and making tickets available for British Airways flights to London directly at alaskaair.com.
Travelers can purchase British Airways flights at alaskaair.com between London Heathrow and Alaska's gateway airports in Seattle, Portland, San Francisco, Los Angeles and San Diego, as well as Chicago and New York JFK.
The frequency of British Airways flight availability to London from ALK’s West Coast gateways is in the following manner — Seattle (two daily flights); Portland (daily flight); San Francisco (two daily flights); Los Angeles (three daily flights); and San Diego (two daily flights). Nonstop British Airways flights from Chicago (three daily flights) and New York JFK (eight daily flights) are also available on the website.
Flights for the aforementioned routes will be available from Jun 18 onward. Starting later this year, travelers can buy Alaska Air’s flight tickets connecting to British Airways, along with flights beyond London on British Airways.
Andrew Harrison, chief commercial officer for Alaska Airlines, stated, "We're excited to add our longstanding partner, British Airways, to our growing portfolio of alaskaair.com book direct airlines. London is one the most requested global gateways by our guests and no one serves it better than British Airways and the oneworld alliance."
Considering London’s popularity on a global basis, with service between Seattle and London being one of the demanding routes for guests in the Pacific Northwest, the latest move is expected to boost Alaska Airlines’ revenue growth and strengthen its competitive position in the airline industry.
Zacks Rank and Stocks to Consider
Currently, ALK carries a Zacks Rank #3 (Hold).
Some better-ranked stocks for investors’ consideration in the Zacks Transportation sector include GATX Corporation GATX and Trinity Industries, Inc. (TRN). Each stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
GATX has an encouraging earnings surprise history. The company has surpassed the Zacks Consensus Estimate in three of the last four quarters (missing the mark in the other). The average beat is 7.49%.
The Zacks Consensus Estimate for 2024 earnings has been revised 3% upward over the past 90 days. GATX has an expected earnings growth rate of 6.79% for 2024. Shares of the company have rallied 18.4% in the past year.
Trinity raised 2024 earnings per share guidance to the range of $1.35 to $1.55 (which excludes items outside of the company’s core business operations) from $1.30 to $1.50 guided previously.
Over the past 30 days, the Zacks Consensus Estimate for TRN’s 2024 earnings has been revised 2.7% upward. For 2024, TRN’s earnings are expected to grow 8.70% year over year.
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Alaska Air Group, Inc. (ALK) : Free Stock Analysis Report
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