Back to top

Image: Bigstock

Alaska Air Group Arm to Start New York-San Jose Service

Read MoreHide Full Article

Alaska Air Group, Inc.’s (ALK - Free Report) unit Alaska Airlines announced a new nonstop daily service connecting New York's John F. Kennedy Airport (JFK) with San Jose, CA. Operations are expected to commence from Jul 6, 2018.

Additionally, the carrier will expand service between Seattle and JFK with a third daily flight. This service will also begin on the same date. Alaska Airlines will serve passengers on both the routes aboard an A320 aircraft.

Following the expanded JFK service, Alaska Air Group will manage 36 daily flights to 20 destinations from San Jose and 290 daily flights to 90 destinations from Seattle.

Presently, Alaska Air Group offers 15 flights per day from six west coast gateways to JFK, namely Seattle, Portland, Oregon, Los Angeles, San Francisco, Las Vegas, barring the soon-to-be added San Jose service.

 

On another positive note, Alaska Air Group will open its lounge at JFK to public later this month. The lounge will cater to a premium customer experience, featuring a relaxing living room with a west coast vibe, apart from other improved amenities.

The carrier has been aiming at expansion efforts to cope with the growing customer demand.  Notably, in November 2017, Alaska Airlines launched a year-round nonstop service between San Diego and Mexico City’s Benito Juarez International Airport. It also announced plans to initiate flights on a daily basis connecting Seattle and Pittsburgh. These nonstop flights are anticipated to be operational from Sep 6, 2018.
 
Zacks Rank & Key Picks

Alaska Air Group carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the same space are AZUL SA (AZUL - Free Report) , Cathay Pacific Airways Ltd. (CPCAY - Free Report) and United Continental Holdings, Inc. (UAL - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Shares of AZUL, Cathay Pacific Airways and United Continental have climbed more than 17%, 10% and 7%, respectively, in the last six months.
 
Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.

See Them Free>>

Published in