ADVFN - Advanced Financial Network.
HOME» NYSE » A » ALK Stock Price » ALK Stock News

Alaska Air Share News

 Alaska Air Grp., Inc. Stock Price
ALK Stock Price
 Alaska Air Grp., Inc. Stock Chart
ALK Stock Chart
 Alaska Air Grp., Inc. Stock News
ALK Stock News
 Alaska Air Grp., Inc. Company Information
ALK Company Information
 Alaska Air Grp., Inc. Stock Trades
ALK Stock Trades

US Airlines' Ancillary Revenue Off 1%, Despite Higher Baggage Revenue

DOW JONES NEWSWIRES U.S. airlines' first-quarter ancillary revenue dropped 1% from a year earlier as reduced reservation change fees and miscellaneous revenue offset an increase in baggage-fee proceeds, according to the U.S. Department of Transportation. As the industry has flown through financial hardship over the past decade, fees have been added to many services and perks, from switching flights on a standby basis at some carriers to getting a window seat or bottled water at others. Carriers, which also in recent years have installed fees for travelers' first checked bags, were hit by a drop in demand during the downturn but are beginning to see stabilization. Ancillary revenue dropped to $1.86 billion from $1.88 billion a year earlier, according to the Bureau of Transportation Statistics. Delta Air Lines Inc. (DAL), recently merged with Northwest, saw the metric jump 61% to $592.1 million, posting the steepest growth and highest value. JetBlue Airways Corp. (JBLU) had the biggest decline, 13%. Baggage fee collections jumped by a third to $768.5 million, more than tripling at Alaska Air Group Inc.'s (ALK) Alaska Airlines and doubling at Delta, which collected more than any other carrier. Reservation change fee collections declined 5.7% to $553.9 million. AirTran Holdings Inc. (AAI) collected nearly three times as much from change fees as last year while Delta's collections were up 90%. Miscellaneous operating revenue--which includes items such as pet transportation and standby passenger fees--plunged by 25%, more than tripling at Delta and doubling at Southwest Airlines Co. (LUV), while AirTran, Spirit Airlines Inc. and Continental Airlines Inc. (CAL) saw declines of 34%, 40% and 75%, respectively. -By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240, matthew.jarzemsky@dowjones.com

Stock News for Alaska Air (ALK)
DateTimeHeadline
06/12/201408:54:32U.S. Hot Stocks: Hot Stocks to Watch
01/17/201415:30:16Earnings Season Heats Up -- Week Ahead
11/15/201307:11:08AQR Capital Management 3Q 13F: Holdings As Of Sep 30
11/15/201307:11:08AQR Capital Management 3Q 13F: Holdings As Of Sep -2-
11/15/201307:04:38Bridgewater Associates LP 3Q 13F: Largest Sales
10/19/201216:19:21U.S. EQUITIES WEEK AHEAD: Tech Earnings, 3Q GDP, Three IPOs
01/26/201209:23:33US STOCK FUTURES: HOT STOCKS TO WATCH
08/16/201112:15:12US Airlines Work Force Increases 1.9% In June -DOT
08/01/201121:44:14CORRECT: Delta To Process IRS Refunds After FAA Partial Shutdown
07/19/201111:52:47US Airlines Work Force Grows 2.1% In May - DOT
07/07/201112:06:11US Airlines' On-Time Performance Improves In May
06/21/201112:09:55US Airlines Work Force Rose 2% In April - DOT
06/16/201118:07:39CORRECT(6/10): US Aviation-Biofuel Production Could Be Poised...
06/10/201116:05:41US Aviation-Biofuel Production Could Be Poised To Take Flight
05/27/201111:55:54Alaska Air To Use Apple's IPads To Replace Paper Flight Manuals
05/17/201111:52:13US Airlines' Full-Time Equivalent Work Force Up 1.5% In March-DOT
03/07/201111:58:47US Airlines' On-Time Performance Better In January -DOT
02/17/201114:47:38CORRECT: Senate Approves Plan To Add Flights At Reagan National
12/16/201012:15:02US Airlines Work Force Drops 0.4% On Year In October - DOT
10/27/201014:21:37Alaska Air CEO Confident Of Keeping Hawaii Advantage

Alaska Air and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad