A creative sale-leaseback deal gives Alaska Airlines more Boeing 737 MAX aircraft while reducing operating and leasing costs, plus debt.
Cargo never got a window view during air transport until the coronavirus pandemic led airlines to find innovative ways to mitigate the loss of passenger revenue. Alaska Airlines is joining other carriers in stowing boxes and mailbags in seats.
Alaska Airlines is slowly improving its financial outlook month by month, but it still lost about $400 million in the third quarter.
(Updated Sept. 15, 10:20 A.M. ET with information on FedEx) Worsening smoke conditions prompted Alaska Airlines (NYSE: ALK to suspend all flights for 24 hours in Portland, Oregon, and Spokane, Washington, beginning at 3 p.m. on Monday. Otherwise, airline and parcel delivery networks have experienced limited disruption from the devastating wildfires that have impacted millions […]
Commercial fishing is big business in Alaska. And like all industries, it depends on supply chains to work properly…
Airlines are looking at a multiyear road to parity with 2019, but bookings have given them confidence to start opening up networks closed by the coronavirus.
One of the big innovations for passenger airlines during the coronavirus era is using their planes as dedicated cargo haulers. Cargo 2.0 was putting boxes in storage bins and other seats. Cargo 3.0 is cargo on seats.
Alaska Air lost $232 million on a net basis in the first quarter, but everything is relative these days and the loss doesn’t look so bad given the state of the airline industry.
Alaska Airlines may be late to the party when it comes to using passenger aircraft as freighters, but it wants to be an early adopter of using passenger seats for storage.
Airlines and employees gave a big sigh of relief when Congress recently passed a major industry bailout, but feelings turned to frustration when the Trump administration decided to limit the cash payouts.
Airlines are bleeding money, but a requirement that they give cash refunds for canceled flights could make things worse. Airlines are cutting more of their domestic networks to save money.
Alaska Airlines is supporting the 100 Million Mask Challenge with its freighter capacity.
Airlines are seen as a critical link even as passenger travel sinks to record lows and carriers downsize fleets.
New Hawaii travel restrictions force airlines to make additional flight cutbacks.
Airlines expected to increase use of truck capacity to move cargo around the country.
It’s a full red alert for the airline industry as the coronavirus crushes travel demand. Companies are racing to shore up their finances as revenues dry up.
Boeing was shut out on orders in January, but the sting was softened a bit by a deal for new passenger-to-freighter conversions.
A proposed sustainable fuel mandate in Washington state highlights a divide in the transportation industry over regulations aimed at reducing carbon emissions.
Alaska Airlines’ parent company also reported hefty full-year earnings in what the CEO called a “fantastic year.”
The FAA says UPS didn’t comply with hazmat rules for air transport when it didn’t make sure a shipment it received was safe to fly.
