We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Alaska Air Begins West Coast Commercial Flights to Havana
Read MoreHide Full Article
Alaska Air Group’s (ALK - Free Report) Alaska Airlines announced that the company has launched regularly scheduled commercial service from Los Angeles on the U.S. West coast to Havana. The company will use a Boeing 737-900ER for this route. Passengers would be offered several facilities such as onboard free and premium entertainment, food and beverages, comfortable interiors with leather seats and adjustable headrest, and power outlets.
The first segment of the flight will fly from Seattle to Los Angeles and then onward to Havana. The return flight will follow the same route, in reverse. Notably, Alaska Airlines had previously operated chartered planes to Cuba as part of the U.S. Military Airlift Command in the early 1970s, to Guantanamo Bay, in addition to chartered flights to Jamaica, Puerto Rico and Panama.
We expect the airline to see an increasing demand for this new route, as Cuba becomes a popular destination for tourists. Other airlines flying to Cuba include United Continental Holdings Inc. (UAL - Free Report) , American Airlines Inc. (AAL - Free Report) , and JetBlue Airways Corp. (JBLU - Free Report) .
Passengers on the Inaugural Flight
Besides being the first commercial flight from the region to Havana, the flight also has an interesting passenger list, including 50 political, business and cultural leaders from Washington and California. These passengers are participating in an educational and trade mission to develop a better understanding of Cuba. Notably, the delegation includes representatives from over 20 economic, trade and educational organizations.
We note that the company’s stock has outperformed the broader Zacks categorized Transportation-Airlines industry. The company gained 27.02%, while the industry gained 19.56% over the same period.
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today’s most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Alaska Air Begins West Coast Commercial Flights to Havana
Alaska Air Group’s (ALK - Free Report) Alaska Airlines announced that the company has launched regularly scheduled commercial service from Los Angeles on the U.S. West coast to Havana. The company will use a Boeing 737-900ER for this route. Passengers would be offered several facilities such as onboard free and premium entertainment, food and beverages, comfortable interiors with leather seats and adjustable headrest, and power outlets.
The first segment of the flight will fly from Seattle to Los Angeles and then onward to Havana. The return flight will follow the same route, in reverse. Notably, Alaska Airlines had previously operated chartered planes to Cuba as part of the U.S. Military Airlift Command in the early 1970s, to Guantanamo Bay, in addition to chartered flights to Jamaica, Puerto Rico and Panama.
We expect the airline to see an increasing demand for this new route, as Cuba becomes a popular destination for tourists. Other airlines flying to Cuba include United Continental Holdings Inc. (UAL - Free Report) , American Airlines Inc. (AAL - Free Report) , and JetBlue Airways Corp. (JBLU - Free Report) .
Passengers on the Inaugural Flight
Besides being the first commercial flight from the region to Havana, the flight also has an interesting passenger list, including 50 political, business and cultural leaders from Washington and California. These passengers are participating in an educational and trade mission to develop a better understanding of Cuba. Notably, the delegation includes representatives from over 20 economic, trade and educational organizations.
Zacks Rank
Alaska Airlines carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We note that the company’s stock has outperformed the broader Zacks categorized Transportation-Airlines industry. The company gained 27.02%, while the industry gained 19.56% over the same period.
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today’s most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>