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Alaska Air (ALK) Unit to Add New Anchorage-Minneapolis Route
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In a bid to meet the anticipated surge in air-travel demand during summer, Alaska Air Group’s (ALK - Free Report) subsidiary — Alaska Airlines — announced that it will commence a new seasonal non-stop service between Anchorage and Minneapolis-St. Paul in June. The added service indicates that Alaska Airlines will now offer more non-stop flights from Alaska than any other airline.
Commencing Jun 19, the Anchorage to Minneapolis flight will operate only on Saturdays and Sundays. The seasonal service will end on Aug 15. Alaska Airlines’ regional vice president, Marilyn Romano, stated, “We are looking forward to welcoming more guests to the Great Land in 2021 and expanding service for the residents of Alaska.”
Introductory one-way fares between Anchorage and Minneapolis-St. Paul will begin from $98. The one-way fares between Minneapolis-St. Paul and Anchorage will start from $99. The new routes will be served by Boeing 737 jets. The addition of the new routes to the tourist-friendly spot is likely to attract additional traffic, thereby boosting the carrier’s top line.
Besides this newly-launched summer route, this Seattle-based carrier will fly non-stop from Anchorage to 10 other destinations that include Chicago, Denver, Honolulu, Maui, Las Vegas, Los Angeles, Phoenix, Portland, Ore., San Francisco and Seattle.
Zacks Rank & Stocks to Consider
Alaska Air currently carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the broader Zacks Transportation sector include Kansas City Southern , Triton International Limited and Herc Holdings Inc. (HRI - Free Report) . Kansas City Southern carries a Zacks Rank #2 (Buy), while Triton and Herc Holdings sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term (three to five years) expected earnings per share growth rate for Kansas City Southern, Triton and Herc Holdings is projected at 15%, 10% and 31.2%, respectively.
Zacks Top 10 Stocks for 2021
In addition to the stocks discussed above, would you like to know about our 10 best buy-and-hold tickers for the entirety of 2021?
Last year's 2020 Zacks Top 10 Stocks portfolio returned gains as high as +386.8%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
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Alaska Air (ALK) Unit to Add New Anchorage-Minneapolis Route
In a bid to meet the anticipated surge in air-travel demand during summer, Alaska Air Group’s (ALK - Free Report) subsidiary — Alaska Airlines — announced that it will commence a new seasonal non-stop service between Anchorage and Minneapolis-St. Paul in June. The added service indicates that Alaska Airlines will now offer more non-stop flights from Alaska than any other airline.
Commencing Jun 19, the Anchorage to Minneapolis flight will operate only on Saturdays and Sundays. The seasonal service will end on Aug 15. Alaska Airlines’ regional vice president, Marilyn Romano, stated, “We are looking forward to welcoming more guests to the Great Land in 2021 and expanding service for the residents of Alaska.”
Introductory one-way fares between Anchorage and Minneapolis-St. Paul will begin from $98. The one-way fares between Minneapolis-St. Paul and Anchorage will start from $99. The new routes will be served by Boeing 737 jets. The addition of the new routes to the tourist-friendly spot is likely to attract additional traffic, thereby boosting the carrier’s top line.
Besides this newly-launched summer route, this Seattle-based carrier will fly non-stop from Anchorage to 10 other destinations that include Chicago, Denver, Honolulu, Maui, Las Vegas, Los Angeles, Phoenix, Portland, Ore., San Francisco and Seattle.
Zacks Rank & Stocks to Consider
Alaska Air currently carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the broader Zacks Transportation sector include Kansas City Southern , Triton International Limited and Herc Holdings Inc. (HRI - Free Report) . Kansas City Southern carries a Zacks Rank #2 (Buy), while Triton and Herc Holdings sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term (three to five years) expected earnings per share growth rate for Kansas City Southern, Triton and Herc Holdings is projected at 15%, 10% and 31.2%, respectively.
Zacks Top 10 Stocks for 2021
In addition to the stocks discussed above, would you like to know about our 10 best buy-and-hold tickers for the entirety of 2021?
Last year's 2020 Zacks Top 10 Stocks portfolio returned gains as high as +386.8%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
Access Zacks Top 10 Stocks for 2021 today >>