Alaska Air Looks to Capitalize on Growing Number of Corporate Fliers -- Market Talk

Dow Jones

2025/01/24

1337 ET - Alaska Air Group's better-than-expected 4Q was fueled by corporate fliers, who returned to taking shorter-haul West Coast flights, Chief Commercial Officer Andrew Harrison says on a call with analysts. Corporate travel revenue was up 8% in the recent quarter and 15% in 2024, led by the technology and professional-services sectors. The outlook is strong, Harrison adds. Alaska will capitalize on the growing number of corporate passengers by building out its international business travel options, such as with the launch of its first international widebody service from Seattle to Tokyo this spring. "We are eager to begin servicing this demand," Harrison says. (connor.hart@wsj.com)

(END) Dow Jones Newswires

January 23, 2025 13:37 ET (18:37 GMT)

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Corporate travel revenue was up 8% in the recent quarter and 15% in 2024, led by the technology and professional-services sectors. The outlook is strong, Harrison adds. Alaska will capitalize on the growing number of corporate passengers by building out its international business travel options, such as with the launch of its first international widebody service from Seattle to Tokyo this spring. \"We are eager to begin servicing this demand,\" Harrison says. 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Corporate travel revenue was up 8% in the recent quarter and 15% in 2024, led by the technology and professional-services sectors. The outlook is strong, Harrison adds. Alaska will capitalize on the growing number of corporate passengers by building out its international business travel options, such as with the launch of its first international widebody service from Seattle to Tokyo this spring. \"We are eager to begin servicing this demand,\" Harrison says. 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Corporate travel revenue was up 8% in the recent quarter and 15% in 2024, led by the technology and professional-services sectors. The outlook is strong, Harrison adds. Alaska will capitalize on the growing number of corporate passengers by building out its international business travel options, such as with the launch of its first international widebody service from Seattle to Tokyo this spring. \"We are eager to begin servicing this demand,\" Harrison says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ALK":"阿拉斯加航空集团有限公司","BK4588":"碎股","BK4008":"航空公司","BK4500":"航空公司","BK4585":"ETF&股票定投概念"},"translate_title":"阿拉斯加航空希望利用不断增长的企业乘客数量——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALK":1},"content_text":"1337 ET - Alaska Air Group's better-than-expected 4Q was fueled by corporate fliers, who returned to taking shorter-haul West Coast flights, Chief Commercial Officer Andrew Harrison says on a call with analysts. Corporate travel revenue was up 8% in the recent quarter and 15% in 2024, led by the technology and professional-services sectors. The outlook is strong, Harrison adds. Alaska will capitalize on the growing number of corporate passengers by building out its international business travel options, such as with the launch of its first international widebody service from Seattle to Tokyo this spring. \"We are eager to begin servicing this demand,\" Harrison says. (connor.hart@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  January 23, 2025 13:37 ET (18:37 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}