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Alaska Air Group Arm to Initiate Seattle-Pittsburgh Flights
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Alaska Air Group’s (ALK - Free Report) wholly owned subsidiary, Alaska Airlines plans to start operating flights on a daily basis connecting Seattle and Pittsburgh. These nonstop flights are anticipated to be operational from Sep 6, 2018 and will be the first of its kind to connect the two popular destinations.
The carrier’s decision to add flights connecting Seattle to Pittsburgh is a prudent one as the latter is developing on the technological front with every passing day. This implies that traffic on the route is likely to be highly impressive, consequently aiding the company’s top line.
Going forward, Alaska Airlines intends to use B737 planes that are equipped with modern facilities to upgrade the flying experience of passengers, for the new route. The service, once operational, is expected to facilitate travel between the carrier’s hometown and Pennsylvania's second-largest city. Following the introduction of the new service, thecarrier will operate nonstop flights to 90 destinations.
Apart from the expansion-related update, Alaska Air Group, which carries a Zacks Rank #3 (Hold) was in the news recently when it announced the decision to stop flying to Cuba. The carrier will operate its last Los Angeles-Havana flight on Jan 22, 2018.
In fact, Cuba has ceased to be an attractive destination for U.S.-based carriers due to lower-than-expected demand. The likes of American Airlines Group (AAL - Free Report) and JetBlue Airways (JBLU - Free Report) have already trimmed their services to the nation. Also, the likes of Frontier Airlines and Spirit Airlines (SAVE - Free Report) have terminated their flights to Cuba for the same reason.
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Alaska Air Group Arm to Initiate Seattle-Pittsburgh Flights
Alaska Air Group’s (ALK - Free Report) wholly owned subsidiary, Alaska Airlines plans to start operating flights on a daily basis connecting Seattle and Pittsburgh. These nonstop flights are anticipated to be operational from Sep 6, 2018 and will be the first of its kind to connect the two popular destinations.
The carrier’s decision to add flights connecting Seattle to Pittsburgh is a prudent one as the latter is developing on the technological front with every passing day. This implies that traffic on the route is likely to be highly impressive, consequently aiding the company’s top line.
Going forward, Alaska Airlines intends to use B737 planes that are equipped with modern facilities to upgrade the flying experience of passengers, for the new route. The service, once operational, is expected to facilitate travel between the carrier’s hometown and Pennsylvania's second-largest city. Following the introduction of the new service, thecarrier will operate nonstop flights to 90 destinations.
Alaska Air Group, Inc. Price
Alaska Air Group, Inc. Price | Alaska Air Group, Inc. Quote
Apart from the expansion-related update, Alaska Air Group, which carries a Zacks Rank #3 (Hold) was in the news recently when it announced the decision to stop flying to Cuba. The carrier will operate its last Los Angeles-Havana flight on Jan 22, 2018.
The tweaked Cuba policy announced by President Trump earlier this month might also have played a part in Alaska Air's decision. The new policy prohibits individual travel to the island nation among other things. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
In fact, Cuba has ceased to be an attractive destination for U.S.-based carriers due to lower-than-expected demand. The likes of American Airlines Group (AAL - Free Report) and JetBlue Airways (JBLU - Free Report) have already trimmed their services to the nation. Also, the likes of Frontier Airlines and Spirit Airlines (SAVE - Free Report) have terminated their flights to Cuba for the same reason.
Zacks’ Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.
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