People aren't flying now, but the West Coast airline sees promising signs that air travel will rebound by the summer.
News & Analysis: Alaska Air Group
ALK earnings call for the period ending December 31, 2020.
A rebound in leisure travel demand could provide a big lift to certain airline stocks starting later this year.
But the order for 23 737 MAX 9s is less than what Boeing may have hoped for.
One airline and one online travel agency are poised to blossom once the world economy reopens.
The West Coast airline is selling the 10 Airbus A320s it owns to Air Lease in exchange for leasing 13 737 MAX 9s from the aircraft leasing company.
An uptick in COVID-19 cases has investors worried we could retest spring lows.
Rising COVID-19 case numbers and a lack of new stimulus are weighing on airline shares today.
The airline is still losing money, but its cash burn has receded to a manageable pace, demand is improving, and there are plenty of opportunities to reduce costs to support future margin expansion.
ALK earnings call for the period ending September 30, 2020.