• last year
Alaska Air Group plans to boost profits by $1 billion by 2027, driven by growing demand for premium travel. The company completed its acquisition of Hawaiian Airlines in September, giving it access to Pacific routes and wide-body aircraft. Operating separately, the two airlines will launch new international routes to Tokyo and Seoul next year. The airline also authorized a $1 billion share buyback, plans to serve a dozen international destinations by 2030, and launched a premium credit card with Bank of America.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Alaska Air Group plans to boost profits by $1 billion by 2027,
00:07driven by growing demand for premium travel.
00:09The company completed its acquisition of Hawaiian Airlines in September,
00:12giving it access to Pacific routes and wide-body aircraft.
00:15Operating separately, the two airlines will launch new international routes
00:19to Tokyo and Seoul next year.
00:21The airline also authorized a $1 billion share buyback,
00:24plans to serve a dozen international destinations by 2030,
00:28and launched a premium credit card with Bank of America.
00:30For all things money, visit Benzinga.com slash GSTV.

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