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Alaska Air Boosts Los Angeles Service by Adding New Routes
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Alaska Air Group, Inc. (ALK - Free Report) announced plans of adding total 12 new destinations to meet the gradually increasing demand amid COVID-19. The carrier plans to add seven new routes from Los Angeles International Airport (“LAX”) to boost connectivity between Southern California and key markets around the country.
The new routes are in addition to the five new routes that link LAX to cities across the West. Alaska Air aims to fly to 35 non-stop destinations from Los Angeles this winter. The new routes are expected to generate significant traffic as well as boost the top line and drive growth.
The new routes will connect Alaska Air’s passengers in Southern California to destinations in Florida, Hawaii, Montana and Oregon. The carrier is expected to start its service from Oct 1 for the Oregon markets. Service to the remaining destinations is anticipated to start between Nov 20 and Dec 18.
Also, Alaska Air is expected to commence its new service in November from its additional West Coast airports like Seattle-Fort, Portland-Fort and San Diego-Fort. Further, the carrier will fly 14 new routes between West Coast and Florida in the upcoming winter.
Zacks Rank & Key Picks
Alaska Air Group currently carries a Zacks Rank #3 (Hold).
Long-term earnings (three to five years) growth rate for Canadian National, Wabtec and Werner Enterprises is estimated at 6.9%, 30.8% and 2.9%, respectively.
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Alaska Air Boosts Los Angeles Service by Adding New Routes
Alaska Air Group, Inc. (ALK - Free Report) announced plans of adding total 12 new destinations to meet the gradually increasing demand amid COVID-19. The carrier plans to add seven new routes from Los Angeles International Airport (“LAX”) to boost connectivity between Southern California and key markets around the country.
The new routes are in addition to the five new routes that link LAX to cities across the West. Alaska Air aims to fly to 35 non-stop destinations from Los Angeles this winter. The new routes are expected to generate significant traffic as well as boost the top line and drive growth.
The new routes will connect Alaska Air’s passengers in Southern California to destinations in Florida, Hawaii, Montana and Oregon. The carrier is expected to start its service from Oct 1 for the Oregon markets. Service to the remaining destinations is anticipated to start between Nov 20 and Dec 18.
Alaska Air Group, Inc. Price
Alaska Air Group, Inc. price | Alaska Air Group, Inc. Quote
Also, Alaska Air is expected to commence its new service in November from its additional West Coast airports like Seattle-Fort, Portland-Fort and San Diego-Fort. Further, the carrier will fly 14 new routes between West Coast and Florida in the upcoming winter.
Zacks Rank & Key Picks
Alaska Air Group currently carries a Zacks Rank #3 (Hold).
A few better-ranked stocks in the Zacks Transportation sector are Canadian National Railway Company (CNI - Free Report) , Wabtec Corporation (WAB - Free Report) and Werner Enterprises (WERN - Free Report) . All the stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Long-term earnings (three to five years) growth rate for Canadian National, Wabtec and Werner Enterprises is estimated at 6.9%, 30.8% and 2.9%, respectively.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>