Alaska Air Group, Inc.’s (ALK - Free Report) subsidiary Alaska Airlines has launched a nonstop service between Mineta San Jose International Airport and New York’s John F. Kennedy International Airport (JFK). The daily roundtrips have been operational since Jul 6. The carrier is utilizing the A320 aircraft to ply on the routes.
With the expanded JFK service, Alaska Airlines now operates 15 flights per day to the airport from six West Coast cities of Las Vegas, Los Angeles, Portland,San Francisco, San Jose and Seattle. Moreover, from San Jose, the airline now offers 38 daily flights to 19 destinations.
The newly initiated service also highlights the carrier’s continued focus on widening its base across the West Coast. In yet another West Coast expansion initiative, last month, the carrier announced a new nonstop service between Sacramento, CA and Kona on Hawaii's Big Island. This single service connecting the two places is expected to be operational from Dec 20.
On another positive note, Alaska Airlines has opened the much-awaited lounge at JFK. The lounge caters to a premium customer experience, featuring a relaxing living room with a west coast vibe apart from other improved amenities.
Zacks Rank & Key Picks
Alaska Air carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Transportation sector are GATX Corporation (GATX - Free Report) , Atlas Air Worldwide Holdings (AAWW - Free Report) and Expeditors International of Washington, Inc. (EXPD - Free Report) . While GATX holds a Zacks Rank #2 (Buy), Expeditors and Atlas Air Worldwide sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of GATX, Atlas Air Worldwide and Expeditors have rallied more than 19%, 27% and 25%, respectively, in a year.
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