Alaska Air Group, Inc. (ALK)

Over the past six months (late May 2025 to November 2025), Alaska Air Group, Inc. (ALK) stock has experienced a decline. The share price as of November 7, 2025, was $42.93, down from $51.85 on November 11, 2024, representing a 17.20% decrease. Similarly, on November 25, 2025, the share price was $41.27, a 22.03% decline from $52.93 on November 26, 2024. Key events impacting the stock include third quarter 2025 earnings missing analyst expectations, new routes and partnerships being announced, and the government shutdown ending with Alaska Air hiring Accenture to strengthen IT systems after flight disruptions.

Demand for Alaska Air Group's products and services exhibits seasonality, with higher travel volumes during certain periods. The company optimizes aircraft deployment to manage revenue and profitability and reduce the impacts of seasonality. The summer months are typically busy, with Alaska Air Group adding seats to meet increased demand. Leisure travel was expected to remain robust in 2024, with modest improvement in West Coast business travel. Demand is moving towards a more normal international/domestic mix, and close-in demand remained strong throughout the third quarter of 2025, with corporate travel growing 8% year-over-year.

Alaska Air Group, Inc. (ALK) is an American airline holding company based in SeaTac, Washington, operating in the Industrials sector, specifically in the Transportation industry. The company provides scheduled air transportation for passengers and cargo through its subsidiaries: Alaska Airlines, Hawaiian Airlines, and Horizon Air Industries Inc. It also offers aviation services through McGee Air Services and is a member of the oneworld alliance, expanding its global network. Additional revenue is generated from lounge memberships, hotel and car commissions, and travel insurance.

Alaska Air Group's operations span across the United States, including Alaska and Hawaii, and extend to parts of Mexico, Costa Rica, Belize, Guatemala, Canada, and the Bahamas. The company serves more than 140 destinations throughout North America, Central America, Asia, and across the Pacific. Its largest concentrations of departures are from Seattle, Portland, and the Bay Area. Following the acquisition of Hawaiian Airlines in 2024, the company expanded its presence in Hawaii, making Honolulu its second-largest hub after Seattle-Tacoma.

In the past year, Alaska Air Group has received accolades such as "Best Airline Rewards Program" by U.S. News & World Report, "Most Innovative Airline Initiative" by Future Travel Experience, and recognition in Travel + Leisure's "2025 World's Best Awards for Best Domestic Airline." The acquisition and integration of Hawaiian Airlines in 2024 has been a significant event, with the combined entity aiming to transform the business and solidify its competitive advantage. The company also launched the combined Alaska Airlines | Hawaiian Airlines Foundation, dedicated to investing in nonprofit organizations.

Alaska Air Group, Inc. (ALK) has a significant institutional ownership, with 89.32% of its total shares outstanding held by institutions. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., Dimensional Fund Advisors Lp., Fmr Llc., State Street Corp., Primecap Management Co/ca/, American Century Companies Inc., Citadel Advisors Llc., Goldman Sachs Group Inc., and Massachusetts Financial Services Co /Ma/.