Alaska Air - Airline benefits from rising passenger numbers and expects high synergies from Hawaiian Airlines acquisition!
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Business Driver: Alaska Airlines (ALK) has strengthened itself in recent years through numerous smaller acquisitions and significantly expanded its network, notably with the purchase of competitor Hawaiian Airlines. As part of the strategy program "Alaska Accelerate," which will be presented at the end of 2024, the airline aims to primarily enhance its long-haul flight offerings while further expanding its market position in the U.S. domestic market. In the medium term, it expects an additional earnings contribution of around 1 billion USD by 2027,...
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