Alaska Air Group, Inc. (NYSE:ALK)
A holding company for Alaska Airlines and Horizon Air Industries. Alaska Airlines Inc. provides scheduled air service to a number of cities in the U.S. & internationally. Horizon Air Industries Inc. provides air transportation to various destinations.
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Alaska has guaranteed contracts with mail service.
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Okay, so this one may be pushing the envelope just a little farther than most would, given what our fuel prices have done in the past month. But with new routes being secured to destinations no one else wants to venture, they'll open themselves up to gain more than just passengers. Their new contract charter flights will strengthen relations far more than anyone could imagine. It's going to take a little while, but before we know it, 24 hour customer service lines will be necessary for this company.
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I am disgruntled with airline stocks.
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Why not? P/E a lot lower than other airlines, decent fundamentals, along with great service and a strong foundation for growth. I don't think it can go much lower, but I'm not betting real money on it just yet.
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Others in alaska are starting to give up on the market. UAUA has gone to a seasonal only service to ANC. I think that ALK has beated most of the market in the pac northwest and will continue to be a steady force there and in california.
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PEG < 1 D/E < 2 (relatively low in the sector). beaton down but will bounce up with gas price down
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The airline has huge potential, and when considering the history, Alaska always comes out on top.
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Alaska Airlines has been steadily adding routes (Denver, Boston, DC, Orlando, Dallas, Hawaii) to its huge West Coast network. They seem to be in a good position relative to the many struggling major carriers.
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pshaw, like anyone can fly planes in a place that has ice everywhere.
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technicals seem to indicate it's in a downtrend--duration more of a guess--airlines as a sector is beaten up--p/e too high for an airline
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recommended by ValueLine Select
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Going to, from, or especially within the state of Alaska, ALK controls just about all air traffic. And what they can't handle, their partner airlines (PenAir and Era Aviation) do. They don't have a great on-time record, but given that most of the villages they serve don't have roads, that's hardly going to erode their popularity.
What's more, Alaska Airlines miles are practically a form of currency in Alaska. Everybody from hotels to the phone company to carpet cleaners give away Alaska airlines miles. If that doesn't breed brand loyalty, I don't know what does.
Oh, and did I mention that they're an airline with positive income from continuing operations and positive operating cash flow?
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