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Alaska Airlines & Condor Airlines Ink Mileage Plan Pact

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In a customer-friendly move, Alaska Airlines, the wholly owned subsidiary of Alaska Air Group, Inc. (ALK - Free Report) , tied up with Europe’s Condor Airlines for its Mileage Plan program. Following the deal, members of Alaska Airlines’ popular program have better opportunities to earn and use miles on flights to Europe.

In fact, Alaska Airlines’ Mileage Plan members can travel and earn miles to more than 900 destinations around the world. Over the past two years, Alaska Airlines made several improvements to its Mileage Plan program.

Condor Airlines operates non-stop flights to Frankfurt, Germany from Seattle, San Diego, Las Vegas, Portland, Anchorage, Fairbanks and Vancouver, British Columbia. The European carrier intends to boost its network by adding nonstop Seattle-Munich flights in June. Alaska Airlines travelers who fly on Condor Airlines to Frankfurt and Munich can connect to over 75 destinations across Europe, Africa and Asia.

Condor Airlines travelers are eligible to join the Mileage Plan immediately without incurring any cost. The existing Mileage Plan members can also start earning miles with immediate effect. Members of the erstwhile Virgin America's Elevate program are also eligible to earn Alaska Mileage Plan miles on Condor by using the Alaska Mileage Plan number that was issued earlier this year. We note that Virgin America was acquired by Alaska Air Group late last year.

Zacks Rank & Key Picks

Alaska Air Group currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the airline space are Gol Linhas Aereas Inteligentes , International Consolidated Airlines Group (ICAGY - Free Report) and LATAM Airlines Group . Gol Linhas and International Consolidated Airlines Group sport a Zacks Rank #1 (Strong Buy), while LATAM Airlines Group carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Shares of Gol Linhas, International Consolidated Airlines Group and LATAM Airlines Group gained over 86%, 29% and 48%, respectively, on a year-to-date basis.

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