Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Alaska Airlines Raises Fees, Stock Jumps

Most passengers buying tickets on Alaska Airlines (NYSE: ALK  ) on or after Oct. 30 will be paying higher fees for checked baggage and for changing or cancelling their tickets, the airline announced today.

All passengers wishing to change or cancel their flights may do so for free up until 60 days before the flight departure. However, changing or cancelling tickets less than 60 days before departure will cost $125, an increase from $75 or $100, depending on how the change is made.

Changing and cancelling tickets will still be free for first-class purchased tickets and for tickets that Alaska Airlines premium members have bought.

Checking up to two bags will cost $25 each, with subsequent bags costing an additional $75 each. That will be an increase from a cost of $20 for each of he first three bags, with subsequent bags costing $50 each.

Carry-on bags will still be free.

The company said it expects the new fees to increase annual revenue by approximately $50 million. Alaska Airlines' stock rose 7.66% today.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2529035, ~/Articles/ArticleHandler.aspx, 9/29/2016 3:13:25 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,191.12 -148.12 -0.81%
S&P 500 2,154.36 -17.01 -0.78%
NASD 5,283.19 -35.36 -0.66%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/29/2016 2:56 PM
ALK $65.77 Down -0.43 -0.65%
Alaska Air Group CAPS Rating: ***