BRIEF-Alaska Air Unveils "Alaska Accelerate," a 3-Year Plan To Drive $1 Bln In Profit After Hawaiian Airlines Merger-May 2024-www.financetom.com

BRIEF-Alaska Air Unveils "Alaska Accelerate," a 3-Year Plan To Drive $1 Bln In Profit After Hawaiian Airlines Merger

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Alaska Air Unveils "Alaska Accelerate," a 3-Year Plan To Drive $1 Bln In Profit After Hawaiian Airlines Merger

Dec 10, 2024 3:37 AM

Dec 10 (Reuters) - Alaska Air Group Inc ( ALK ):

* ALASKA AIR GROUP INTRODUCES "ALASKA ACCELERATE," ITS

THREE-YEAR

STRATEGIC PLAN TO DELIVER $1 BILLION IN INCREMENTAL PROFIT

FOLLOWING COMBINATION WITH HAWAIIAN AIRLINES

* ALASKA AIR GROUP INC ( ALK ) - EXPECTS 30% EPS GROWTH IN 2025

* ALASKA AIR GROUP INC ( ALK ) - SEES EPS TO AT LEAST $10 BY 2027

* ALASKA AIR GROUP INC ( ALK ) - SEES 2025 EARNINGS PER SHARE AT

LEAST

$5.75

* ALASKA AIR GROUP INC ( ALK ): ACQUISITION SYNERGY ESTIMATES

INCREASED TO

AT LEAST $500 MILLION BY 2027

* ALASKA AIR GROUP OUTLOOK 2025 SHARE REPURCHASES ABOUT $250

MILLION

* ALASKA AIR GROUP OUTLOOK 2025 CAPITAL EXPENDITURES $1.4 TO

$1.5

BILLION

Source text:

Further company coverage:

Previous page： Sigma Lithium Shuffles C-Suite Leadership Next page： Alibaba Gr Hldgs Unusual Options Activity For July 12

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.

Show More Comments

Related Articles >

Sigma Lithium Shuffles C-Suite Leadership

Jul 12, 2024

03:18 PM EDT, 07/12/2024 (MT Newswires) -- Sigma Lithium Corporation ( SGML ) , a global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, on Thursday named Eugenio de Zagottis as its third independent director. According to a statement, Zagottis is a renowned businessman in Brazil, and was...

Alibaba Gr Hldgs Unusual Options Activity For July 12

Jul 12, 2024

Investors with a lot of money to spend have taken a bearish stance on Alibaba Gr Hldgs . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens...

Capital Bancorp Names Dominic Canuso CFO

Jul 12, 2024

03:17 PM EDT, 07/12/2024 (MT Newswires) -- Capital Bancorp ( CBNK ) said Friday it has appointed Dominic Canuso as chief financial officer of the company and its Capital Bank unit, effective Monday. Canuso was most recently CFO at WSFS Bank. Shares of Capital Bancorp ( CBNK ) were up 1% in recent Friday trading. Price: 21.73, Change: +0.22, Percent...

Why Are Arbor Realty Shares Trading Lower Today?

Jul 12, 2024

Shares of Arbor Realty Trust Inc. ( ABR ) are moving lower on Friday following reports that the company is being investigated by federal prosecutors and the Federal Bureau of Investigation (FBI) in New York. This investigation comes after allegations by short sellers regarding the lender’s practices and disclosures. What To Know: Federal investigators are examining Arbor Realty’s lending practices...