| Holder | Shares Held | % O/S |
|---|---|---|
| BlackRock Institutional Trust Company, N.A. | 5,823,357 | 4.62 |
| PRIMECAP Management Company | 4,605,987 | 3.65 |
| State Street Global Advisors (US) | 4,312,864 | 3.42 |
| Boston Partners | 3,081,503 | 2.44 |
What does Alaska Air Group own?
From Wikipedia, the free encyclopedia Alaska Air Group is an airline holding company based in SeaTac, Washington, United States. The group owns two certificated airlines, Alaska Airlines, a mainline carrier, and Horizon Air, a regional carrier. Alaska Airlines in turn wholly owns an aircraft ground handling company, McGee Air Services.
Why did Alaska Air Group stock fall 8% in two weeks?
The shares of Alaska Air Group have lost 8% in value over the past two weeks largely due to concerns of high operational costs from pent-up benchmark prices. Government aid supported payroll related expenses, even in the third quarter, shielding against the negative impact of the fourth wave of...
Who owns the ground handling company for Alaska Airlines?
The Alaska Air Group also oversees an aircraft ground handling company, McGee Air Services, which is wholly owned by Alaska Airlines.
Is Alaska Airlines owned by AMR Corporation?
In 2011, Alaska Air Group replaced the AMR Corporation in the Dow Jones Transportation Average following AMR's filing for bankruptcy. On March 29, 2016 Alaska Airlines announced that it would form a wholly owned subsidiary called McGee Air Services, a dedicated airline services company.
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Is Alaska Air Group publicly traded?
Alaska Air Group's shares are traded on the New York Stock Exchange (NYSE) under the ticker symbol ALK.
Who owns Alaska Airlines?
Alaska Air GroupAlaska Airlines / Parent organizationAlaska Air Group is an American airline holding company based in SeaTac, Washington, United States. The group owns two certificated airlines, Alaska Airlines, a mainline carrier, and Horizon Air, a regional carrier. Alaska Airlines in turn wholly owns an aircraft ground handling company, McGee Air Services. Wikipedia
Should you buy Alaska Airlines stock?
There are currently 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Alaska Air Group stock.
Who owns Alaka?
On October 18, 1867, Russia sold Alaska to the United States government. As a result, the federal government owned the Alaska Territory, approximately 373 million acres about one-fifth the size of the rest of the U.S.
Who is the largest shareholder of Alaska Airlines?
Top Holders BlackRock Institutional Trust Company, N.A.
Is Alaska Airlines owned by Delta?
Delta is a founding member of SkyTeam, a global airline alliance that provides customers with extensive worldwide destinations, flights and services. For more information, visit delta.com. Alaska Airlines and Horizon Air are wholly-owned subsidiaries of Seattle- based Alaska Air Group.
Will Alaska Airlines stock go up?
The 12 analysts offering 12-month price forecasts for Alaska Air Group Inc have a median target of 71.00, with a high estimate of 103.00 and a low estimate of 58.00. The median estimate represents a +73.72% increase from the last price of 40.87.
What's the price of Alaska Air stock?
Stock InformationALK (Common Stock)PriceChange% ChangePrevious CloseToday's OpenIntraday High$48.88--$49.30Shares OutstandingMarket CapRolling EPS2 more rows
How many times has Alaska Airlines stock split?
The stock split will increase Alaska Air Group's outstanding shares from approximately 68 million shares to about 136 million shares. This will be Alaska Air Group's second two-for-one stock split since going public. The last stock split was in March 2012 .
Who is Alaka in Nigeria?
Alaka is believed to be the ringleader of the Badoo menace. The state government in a statement by the Commissioner for Information and Strategy, Mr. Steve Ayorinde, said the order sealing off the structures was in pursuant to Section 60 of the said law. It would be recalled that the state's Commissioner of Police, Mr.
What is Alaska Air Group?
Through Alaska Airlines and Horizon Air, Alaska Air Group services the passenger and cargo markets of the Pacific Northwest with its extensive route network hub through Seattle/Tacoma and Portland International Airports, and the state of Alaska through Ted Stevens Anchorage International Airport. After the demise of Aloha Airlines and ATA Airlines in 2008, Alaska Air Group expanded heavily centering on Hawaii and other non- airline hub secondary mainland cities and airports, including San Diego International Airport and San Jose International Airport. After the acquisition of Virgin America in 2016, Alaska Air Group further expanded into California through Virgin America 's hubs at San Francisco and Los Angeles International Airports, and focus city at Dallas Love Field in Texas.
When did Alaska Air Group merge with Jet America?
Jet America Airlines was merged into Alaska Airlines in 1987. In 2011, Alaska Air Group replaced the AMR Corporation in the Dow Jones Transportation Average following AMR's filing for bankruptcy.
What airlines fly for Alaska Air Group?
Among the other airlines now sub-contracted to do additional flying for the Alaska Air Group is SkyWest, Inc. 's SkyWest Airlines, whose Bombardier CRJ700 and Embraer E175 aircraft dedicated to providing service for the Alaska Air Group are painted in a very similar manner to Alaska Horizon's. SkyWest's fleet however, is branded Alaska SkyWest ...
How many jets does Alaska Airlines have?
As of October 2017, Alaska Airlines ' fleet consisted of 248 jet aircraft, and Horizon Air 's fleet consisted of 41 turboprop and 16 jet aircraft, with the combined fleet under Alaska Air Group's management numbering 298 aircraft.
What airports does Alaska Air Group operate?
After the demise of Aloha Airlines and ATA Airlines in 2008, Alaska Air Group expanded heavily centering on Hawaii and other non- airline hub secondary mainland cities and airports, including San Diego International Airport and San Jose International Airport.
When did Alaska Airlines acquire Virgin America?
On April 4, 2016, Alaska Air Group announced plans to acquire Virgin America, pending approval from US government regulators and Virgin America shareholders; the acquisition was completed on December 14, 2016. The total price was approximately $2.6 billion. Until 2018, Alaska Air Group continued to operate Alaska Airlines and Virgin America as separate airlines and continued to honor both Alaska's Mileage Plan and Virgin America's Elevate loyalty programs. Following the acquisition of Virgin America, the actual number of Alaska Air Group employees had increased from 15,143 at the end of 2015 to 19,112 (12,224 at Alaska Airlines, 3,616 at Horizon Air, and 3,252 at Virgin America) by the end of 2016.
When will Alaska Airlines build a new airport?
Construction was expected to be completed by early 2020.
What Does The Institutional Ownership Tell Us About Alaska Air Group?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
Insider Ownership Of Alaska Air Group
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
General Public Ownership
The general public holds a 21% stake in Alaska Air Group. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
Next Steps
I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Be aware that Alaska Air Group is showing 3 warning signs in our investment analysis , and 1 of those is potentially serious...
What is Alaska Air Group?
All values as of most recently reported quarter unless otherwise noted. Alaska Air Group, Inc. is a holding company, which through its subsidiaries, Alaska Airlines, Inc. and Horizon Air Industries, Inc., engages in the provision of air transportation services.
Where is Penair headquartered?
The Horizon segment operates turboprop Q400 aircraft. The company was founded in 1985 and is headquartered in Seattle, WA.
Should The Rally Continue In Alaska Air Group Stock?
The shares of Alaska Air Group have rallied 20% in the past month reaching the pre-Covid level as the U.S. government granted a second round of payroll support to airlines. Interestingly, the shares of popular online travel company Expedia have shot beyond February 2020 highs despite the near-term..
