Alaska Air Group Inc

NYSE: ALK
$44.44
+$1.72 (+4.0%)
Closing price April 18, 2024
Alaska Air Group Inc is a leading airline company based in Seattle, Washington, known for its extensive flight services. With a fleet primarily composed of Boeing jet aircraft, it offers passenger and cargo transportation across the United States, Canada, Mexico, and parts of Central America and the Bahamas. The company, established in 1932, operates through a mix of mainline and regional flights, ensuring wide coverage and connectivity for its customers, making travel accessible and efficient.
Alaska Air has announced an agreement to purchase Hawaiian Air for $18 a share, a premium of 270%. Why are investors cautious?
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