Alaska Air Group Inc. (NYSE:ALK) traded today at a new 52-week high of $74.25. Approximately 684,000 shares have changed hands today, as compared to an average 30-day volume of 1.9 million shares.
Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Mainline segment includes scheduled air transportation on Alaska’s Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon’s and other third-party carriers’ scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.
Alaska Air Group Inc. (NYSE:ALK) defies analysts with a current price ($72.88) 2.9% above its average consensus price target of $70.75.
In the past 52 weeks, Alaska Air Group Inc. share prices are bracketed by a low of $23.39 and a high of $74.25 and is now at $72.88, 212% above that low price.
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