financetom
Business
financetom
/
Business
/
Alaska Air Group Makes Investment in JetZero
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Alaska Air Group Makes Investment in JetZero
Aug 13, 2024 6:55 AM

09:43 AM EDT, 08/13/2024 (MT Newswires) -- Alaska Air Group ( ALK ) said Tuesday that it had made an investment in JetZero, a pioneering company developing a new blended-wing body aircraft that might reduce fuel consumption.

The amount of the investment was not disclosed.

Alaska said it invested as part of JetZero's series A last year.

The airline said the investment, made through Alaska Star Ventures, includes options for aircraft orders.

Price: 34.78, Change: +0.19, Percent Change: +0.55

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Freeport-McMoran beats second-quarter profit estimates
Freeport-McMoran beats second-quarter profit estimates
Jul 23, 2024
July 23 (Reuters) - Miner Freeport-McMoran beat second-quarter profit estimates on Tuesday, benefiting from higher copper prices. The company reported an adjusted profit of 46 cents per share for the quarter ended June 30, compared with analysts' average estimate of 38 cents, according to LSEG data. (Reporting by Tanay Dhumal in Bengaluru) ...
MSCI's profit rises on robust demand for index products
MSCI's profit rises on robust demand for index products
Jul 23, 2024
(Reuters) - MSCI ( MSCI ) reported a second-quarter adjusted profit on Tuesday that rose nearly 12% as improved spending by clients drove up demand for the company's index products and analytics services. WHY IT'S IMPORTANT Firming bets of a soft landing, where inflation falls without a recession or big job losses, have encouraged investors to spend on risk-hedging and...
Woodside Energy's Q2 Revenue, Production Fall
Woodside Energy's Q2 Revenue, Production Fall
Jul 23, 2024
08:07 AM EDT, 07/23/2024 (MT Newswires) -- Woodside Energy Group ( WDS ) reported Q2 revenue Tuesday of $3.03 billion, down from $3.08 billion a year earlier. A single analyst polled by Capital IQ expected $3.21 billion. Q2 production for the quarter ended June 30 was 44.4 million barrels of oil equivalent, down from 44.5 million boe a year earlier....
Aduro Clean Technologies Files Registration Statement for Proposed IPO in the U.S.
Aduro Clean Technologies Files Registration Statement for Proposed IPO in the U.S.
Jul 23, 2024
07:58 AM EDT, 07/23/2024 (MT Newswires) -- Aduro Clean Technologies ( ACTHF ) , a company using chemistry to transform lower value feedstocks into resources, on Tuesday said it filed a registration statement on Form F-1 with the Securities and Exchange Commission for an initial public offering of its common shares in the United States. Aduro has also applied to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved