Alaska Airlines ( NYSE:ALK ) faced a hiccup in its operations as flights were temporarily grounded due to an issue with the system responsible for calculating weight and balance. The incident, which affected both Alaska Airlines ( NYSE:ALK ) and its regional carrier Horizon Air, prompted swift action from the U.S. Federal Aviation Administration (FAA) and sparked...
Overview
Alaska Airlines is a subsidiary for Alaska Air Group. If you aren't familiar with the verbiage, this means that Alaska Air Group ( NYSE:ALK ) is the umbrella company that owns Alaska Airlines. In light of the Boeing ( NYSE:BA ) mishap that occurred yesterday in Oregon and in addition to the current trend on ALK's 1D chart, I believe ALK will correct...
Key Takeaway
1. Alaska Airlines has agreed to acquire its rival Hawaiian Airlines in a deal valued at about $1.9 billion.
2. The combined company would be based in Seattle, where Alaska Airlines is headquartered, and led by its CEO, Ben Minicucci.
3. The airlines said they will aim to combine their resources while “maintaining” each of their respective brand...
Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates through three segments: Mainline, Regional, and Horizon. It flies to approximately 120 destinations throughout North America. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.
The Overconfident Virgin Airlines
(Flying High)
History of "our" mysterious "Arctic Airlines" started unbelievably in the 1930’s when "someone" (ET?) came back to the airline and opened a liquor store in Alaska and the airline somehow made money flying liquor to remote Alaskan communities of maybe Eskimos who lived under one of the best spots on earth to "see"...
A bit of a rare sector to buy at the moment, but there is a very strong area, perhaps a pullback or trend reversal, yet a position with a high probability of reaching the 46 zone
The take profit: 46
The price to buy: 30 - 31
The Stop Loss: 25.50
Prob - 3:1
