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Alaska Airlines Adds Routes Connecting Sacramento to Hawaii
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Alaska Air Group (ALK - Free Report) wholly-owned subsidiary — Alaska Airlines — has begun a new nonstop service connecting Sacramento International Airport with Ellison Onizuka Kona International Airport at Keahole on the Hawaiian Island.
The latest service will be operational thrice a week and complement the already existing nonstop service between Sacramento and Maui, Hawaii. The flights aimed at enhancing travel during the holidays is anticipated to draw substantial traffic and in turn boost the carrier’s passenger revenues.
Apart from offering several nonstop destinations from the key focus cities around California, Alaska Airlines is committed to provide customers with low fares and improved services. Currently, the carrier offers 29 daily flights to the Hawaiian Island from the Californian cities of Los Angeles, Sacramento, San Diego, San Francisco, San Jose and Oakland as well as several other West Coast cities.
Alaska Airlines will operate on the Sacramento-Kona, Hawaii route on a 737 aircraft, which comprises several modernized amenities for a smooth travel experience.
Meanwhile, strong demand for air travel has been boosting the carrier’s passenger revenues. Recently, the airline tweaked its fourth-quarter 2018 unit revenue guidance to 12.70-12.80 cents compared with 12.60-12.80 cents expected earlier.
Shares of Air France-KLM and Spirit have rallied more than 19% and 44%, respectively, over the past six months. Meanwhile, the International Consolidated Airlines stock boasts an impressive earnings history, having trumped the Zacks Consensus Estimate in three of the trailing four quarters, the average beat being 92.9%.
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Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
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Alaska Airlines Adds Routes Connecting Sacramento to Hawaii
Alaska Air Group (ALK - Free Report) wholly-owned subsidiary — Alaska Airlines — has begun a new nonstop service connecting Sacramento International Airport with Ellison Onizuka Kona International Airport at Keahole on the Hawaiian Island.
The latest service will be operational thrice a week and complement the already existing nonstop service between Sacramento and Maui, Hawaii. The flights aimed at enhancing travel during the holidays is anticipated to draw substantial traffic and in turn boost the carrier’s passenger revenues.
Apart from offering several nonstop destinations from the key focus cities around California, Alaska Airlines is committed to provide customers with low fares and improved services. Currently, the carrier offers 29 daily flights to the Hawaiian Island from the Californian cities of Los Angeles, Sacramento, San Diego, San Francisco, San Jose and Oakland as well as several other West Coast cities.
Alaska Air Group, Inc. Price
Alaska Air Group, Inc. Price | Alaska Air Group, Inc. Quote
Alaska Airlines will operate on the Sacramento-Kona, Hawaii route on a 737 aircraft, which comprises several modernized amenities for a smooth travel experience.
Meanwhile, strong demand for air travel has been boosting the carrier’s passenger revenues. Recently, the airline tweaked its fourth-quarter 2018 unit revenue guidance to 12.70-12.80 cents compared with 12.60-12.80 cents expected earlier.
Zacks Rank & Key Picks
Alaska Air Group carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the same space are Air France-KLM (AFLYY - Free Report) , Spirit Airlines (SAVE - Free Report) and International Consolidated Airlines Group (ICAGY - Free Report) , each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Air France-KLM and Spirit have rallied more than 19% and 44%, respectively, over the past six months. Meanwhile, the International Consolidated Airlines stock boasts an impressive earnings history, having trumped the Zacks Consensus Estimate in three of the trailing four quarters, the average beat being 92.9%.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>