Alaska AirNYSE: ALK

The newest routes from Los Angeles to La Paz and Monterrey are likely to help Alaska Air (ALK) witness a surge in passenger numbers.

Alaska Airlines and its flight attendants have reached a tentative agreement on a groundbreaking three-year contract deal that likely sets a path for deals at other larger airlines including American and United.

Alaska Airlines' flight attendants are set for an average pay increase of 32% as part of a new three-year tentative labor agreement with the airline, a union representing the employees said.

This winter, we're expanding our guests' options with nonstop service to two exciting international destinations SEATTLE , July 2, 2024 /PRNewswire/ -- Alaska Airlines is excited to announce an expansion of our international network with two new Mexico destinations starting this winter. We'll soon start flying between Los Angeles and breathtaking La Paz, as the only U.S. carrier serving the coastal Mexican destination.

Alaska Air Group (ALK) concluded the recent trading session at $40.40, signifying a -0.88% move from its prior day's close.

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

The consensus price target hints at a 35.6% upside potential for Alaska Air (ALK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Alaska Air (NYSE: ALK) saw its net income surge by 300% y-o-y to $235 million in 2023. This can primarily be attributed to higher revenues, and lower fuel costs.

The tentative deal with the union covers more than 6,500 flight attendants of Alaska Airlines, the wholly-owned subsidiary of Alaska Air Group (ALK).