Quick Answer: How much cash does Alaska Airlines have?

How much money does Alaska Airlines have?

These results compare to fourth quarter 2019 adjusted net income of $181 million, or $1.46 per diluted share, and full year 2019 adjusted net income of $798 million, or $6.42 per diluted share. Reported adjusted net debt of $1.7 billion, flat from December 2019 despite a 59% decline in operating revenues for the year.

How much money is Alaska Airlines losing?

Alaska Air Group Inc. today reported a first quarter 2021 GAAP net loss of $131 million, or $1.05 per share, compared to a net loss of $232 million, or $1.89 per share in the first quarter of 2020.

Is Alaska Airlines losing money?

The parent company of Alaska Airlines on Thursday reported a net loss of $131 million in the first quarter of 2021, though the red ink would have been much greater without government grants. … Alaska’s planes were on average 42% full in January, rising to 49% in February and 62% in March.

Is Alaska Air profitable?

Alaska Airlines has reported a net profit of almost $400 million for Q2 2021. With air travel picking up again, the airline was able to run a profit after making losses for the same period in 2020.

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What is Alaska Airlines trading at?

Stock Information

ALK (Common Stock)
Price Change Volume
$59.80 91
Previous Close Today’s Open Intraday Low
$59.80 $57.80

How much did Alaska Airlines make in 2019?

Compare ALK With Other Stocks

Alaska Air Annual Revenue (Millions of US $)
2019 $8,781
2018 $8,264
2017 $7,894
2016 $5,925

Is Alaska Airlines a good stock to buy?

10 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Alaska Air Group in the last year. There are currently 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should “buy” Alaska Air Group stock.

Is ALK a good stock to buy?

The financial health and growth prospects of ALK, demonstrate its potential to outperform the market. It currently has a Growth Score of B. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.