Alaska Airlines

Alaska Airlines takes delivery of our first longer-range Boeing 737-8

Retrieved on: 
Thursday, January 4, 2024

SEATTLE, Jan. 4, 2024 /PRNewswire/ -- Alaska Airlines continues to grow as we welcome delivery of the first Boeing 737-8 to our aircraft lineup – the next component of our strategic, long-term fleet plan that builds on our strengths and provides a road map for ongoing future success.

Key Points: 
  • Alaska is scheduled to take delivery of seven more 737-8s in 2024, with the next four slotted to enter the fleet in March.
  • Alaska's regional carrier, Horizon Air, also continues to grow its fleet of jets.
  • Over the next three years, Horizon will add nine new Embraer E175s, bringing its total to 50 by the end of 2026.
  • "It's more important than ever that we deliver a consistent product to our guests," said Todd Traynor-Corey, managing director of guest products at Alaska Airlines.

Arajet Wins Best Start Up Airline at the World Aviation Summit

Retrieved on: 
Tuesday, November 28, 2023

Abu Dhabi, United Arab Emirates--(Newsfile Corp. - November 28, 2023) - Arajet, the low-price airline of the Caribbean, won the Best Startup Airline of the world at the CAPA Awards this Tuesday, at the World Aviation Summit during which nine other global aviation and airport awards were also given.

Key Points: 
  • Abu Dhabi, United Arab Emirates--(Newsfile Corp. - November 28, 2023) - Arajet, the low-price airline of the Caribbean, won the Best Startup Airline of the world at the CAPA Awards this Tuesday, at the World Aviation Summit during which nine other global aviation and airport awards were also given.
  • In addition, the new airline transported more than half a million passengers in its first year.
  • Arajet is the story of a startup that was born from the desire that the Dominican diaspora could travel to our country at low prices.
  • Arajet stood out at the CAPA Awards, which are the aviation industry's leading global awards, where Alaska Airline won Best Airline/Airline Group of the year, and London Gatwick Airport won best large airport of the world.

AAR reports second quarter fiscal year 2024 results

Retrieved on: 
Thursday, December 21, 2023

Our adjusted diluted earnings per share from continuing operations in the second quarter of fiscal year 2024 were $0.81, compared to $0.69 in the second quarter of the prior year.

Key Points: 
  • Our adjusted diluted earnings per share from continuing operations in the second quarter of fiscal year 2024 were $0.81, compared to $0.69 in the second quarter of the prior year.
  • Consolidated second quarter sales increased 16% over the prior year quarter.
  • Gross profit margins were 19.0% in the current quarter, compared to 18.3% in the prior year quarter.
  • Operating margins were 7.0% in the current quarter, compared to 6.9% in the prior year quarter.

Air Space Intelligence Secures $34M Series B Financing Led by a16z

Retrieved on: 
Thursday, December 7, 2023

WASHINGTON, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Air Space Intelligence (ASI), a modern aerospace company addressing the software crisis across commercial and government sectors, announces the completion of a $34 million Series B funding round.

Key Points: 
  • WASHINGTON, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Air Space Intelligence (ASI), a modern aerospace company addressing the software crisis across commercial and government sectors, announces the completion of a $34 million Series B funding round.
  • This significant financial injection, achieved in less than three weeks, reflects strong support from new investor Andreessen Horowitz (a16z) and existing investors, including Bloomberg Beta, Renegade Partners, and Spark Capital.
  • The allocated funds will strategically support the company's continuous growth, foster innovation, and solidify its presence in the government sector.
  • “Over the past three years, ASI has made significant progress by deploying their software to some of the most complex and critical air operations,” stated David Ulevitch, General Partner at a16z.

Aviation Industry's Support for Humanitarian Aid Delivery Is A Model for Others, Says Nonprofit CEO

Retrieved on: 
Thursday, December 7, 2023

Washington D.C., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Celebrating International Civil Aviation Day, Airlink CEO Steve Smith urges businesses across the supply chain to emulate the aviation industry's commitment to swift, collaborative action and support of humanitarian aid operations.

Key Points: 
  • Washington D.C., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Celebrating International Civil Aviation Day, Airlink CEO Steve Smith urges businesses across the supply chain to emulate the aviation industry's commitment to swift, collaborative action and support of humanitarian aid operations.
  • According to the UNHCR, only about two-thirds of the $55.2B in funding needed to support these communities has been raised.
  • “International Civil Aviation Day is an opportunity to acknowledge the aviation industry's invaluable contribution to humanitarian aid delivery, whether that is flying humanitarian cargo or transporting first responders; Airlink’s Governors Council epitomizes that collaborative spirit,” said Steve Smith, Airlink President and CEO.
  • Embracing collective responsibility across multiple industries within the supply chain could revolutionize aid delivery, ensuring a more effective, prompt, and compassionate response to global emergencies."

AAR announces extension and expansion of Alaska Airlines MRO relationship, expected facility expansion in Oklahoma City

Retrieved on: 
Thursday, December 7, 2023

AAR has committed to growing its dedicated airframe narrowbody capacity to provide Alaska Airlines with a minimum of six lines of maintenance support.

Key Points: 
  • AAR has committed to growing its dedicated airframe narrowbody capacity to provide Alaska Airlines with a minimum of six lines of maintenance support.
  • To support this, AAR plans to add a new three-bay hangar adjacent to its existing seven-bay facility at Will Rogers World Airport in Oklahoma City, pending final approval by the Oklahoma City Airport Trust.
  • “AAR has supported Alaska Airlines for more than 20 years, and we are eager to continue deepening our partnership with AAR,” said Don Wright, VP Maintenance and Engineering of Alaska Airlines.
  • “AAR’s facility expansion aligns with our strategic MRO initiatives related to our growing fleet of all Boeing 737 variants.”
    “Alaska Airlines is our longest-tenured Airframe MRO customer.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Hawaiian Holdings, Inc. (Nasdaq – HA), ImmunoGen, Inc. (Nasdaq – IMGN), Graphite Bio, Inc. (Nasdaq – GRPH), CapStar Financial Holdings, Inc. (Nasdaq – CSTR)

Retrieved on: 
Monday, December 4, 2023

BALA CYNWYD, Pa., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations.

Key Points: 
  • BALA CYNWYD, Pa., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations.
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Under the terms of the agreement, Hawaiian Airlines will be acquired by Alaska Air Group, Inc. (NYSE - ALK).
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

THE BAHAMAS AND ALASKA AIRLINES CELEBRATE FIRST-EVER NONSTOP ROUTES CONNECTING WEST COAST TRAVELLERS TO NASSAU

Retrieved on: 
Monday, December 18, 2023

Respectively launched on December 14 and 15, the new nonstop routes provide West Coast travellers with greater access to the coveted Caribbean paradise renowned for its pristine beaches, crystal-clear waters and vibrant culture.

Key Points: 
  • Respectively launched on December 14 and 15, the new nonstop routes provide West Coast travellers with greater access to the coveted Caribbean paradise renowned for its pristine beaches, crystal-clear waters and vibrant culture.
  • "In 2023, we surpassed record-breaking tourism arrivals eclipsing 8 million visitors, and with this new service, anticipate this momentum to continue steadfast."
  • "For the first time, with the launch of our new routes from both Seattle and Los Angeles to Nassau, our West Coast travelers can visit the pristine islands and turquoise waters of The Bahamas."
  • "Nassau is our metropolitan offering, known as the gateway to The Bahamas," said Latia Duncombe, Director General at the Bahamas Ministry of Tourism, Investments & Aviation.

Inaugural Takeoff: Luxury Carrier STARLUX Airlines Debuts San Francisco-Taipei Transpacific Flight on December 16

Retrieved on: 
Tuesday, December 5, 2023

On Saturday, December 16th, Taiwan-based luxury carrier, STARLUX Airlines ' inaugural flight from San Francisco to Taipei will take off at 11:40pm.

Key Points: 
  • On Saturday, December 16th, Taiwan-based luxury carrier, STARLUX Airlines ' inaugural flight from San Francisco to Taipei will take off at 11:40pm.
  • STARLUX will begin flying one of its four next-generation A350 Neos thrice weekly between SFO and TPE.
  • STARLUX Airlines San Francisco to Taipei Inaugural Flight Celebration.
  • To request an invitation, please email [email protected] with the subject “STARLUX SFO Launch.”

HA Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Hawaiian Holdings, Inc. Is Fair to Shareholders

Retrieved on: 
Sunday, December 3, 2023

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Hawaiian Holdings, Inc. (NASDAQ: HA) to Alaska Air Group, Inc. for $18.00 per share in cash is fair to Hawaiian shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Hawaiian Holdings, Inc. (NASDAQ: HA) to Alaska Air Group, Inc. for $18.00 per share in cash is fair to Hawaiian shareholders.
  • On behalf of Hawaiian shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.