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Alaska Air (ALK) Unit Begins Seattle-Pittsburgh Operation


Alaska Air Group, Inc.’s ALK wholly-owned subsidiary — Alaska Airlines — has launched non-stop flights connecting the Seattle-Tacoma International Airport (Sea-Tac) to the Pittsburgh International Airport (PIT) in Pennsylvania. The flights, operational since Sept 6, will operate on a daily basis.

The carrier is utilizing the B737 aircraft to ply on these routes. Notably, the new route forms a link between Seattle and the booming business community in Pittsburgh. Moreover, this non-stop service is the only one operating between these two destinations. In fact, Alaska Airlines operates 300 flights (peak day) to 90 destinations from the Sea-Tac Airport.

The recently-initiated service to Seattle highlights the carrier’s continued focus on widening its base across the West Coast. Apart from investing in other improved amenities, Alaska Airlines has rolled out a food and beverage program in a bid to boost connectivity from key focus cities.

Alaska Air Group, Inc. Price

Alaska Air Group, Inc. Price | Alaska Air Group, Inc. Quote

As part of its expansion initiatives, the carrier also recently announced a non-stop service between Seattle-Tacoma International Airport and John Glenn Columbus International Airport in Ohio. In yet another move aimed at fortifying its West Coast presence, the carrier, this July, commenced a non-stop service between Mineta San Jose International Airport and New York’s John F. Kennedy International Airport.

Zacks Rank & Key Picks

Alaska Air carries a Zacks Rank #4 (Sell), at present.

A few better-ranked stocks in the broader Transportation Sector are Atlas Air Worldwide Holdings, Inc. AAWW, Norfolk Southern Corporation NSC and SkyWest, Inc. SKYW. While Atlas Air Worldwide and Norfolk Southern carry a Zacks Rank #2 (Buy), SkyWest sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Shares of Atlas Air Worldwide, Norfolk Southern and SkyWest have gained 2.6%, 24.3% and 7.4% in the past six months, respectively.

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