Alaska Air subsidiary's apply for CARES Act payroll grants, sees 'sizable' capacity cuts coming [MarketWatch]
Alaska Air Group, Inc. (ALK)
Last alaska air group, inc. earnings: 1/28 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.alaskaair.com/investors
Company Research
Source: MarketWatch
Alaska Air Group Inc. disclosed Monday that its Alaska Airlines Inc. and Horizon Air Industries Inc. wholly-owned subsidiaries have applied for payroll grants under the Coronavirus Aid, Relief and Economic Security (CARES) Act. The air carrier said a ground services subsidiary of Alaska Airlines, McGee Air Services Inc., has also applied for payroll support grants. "Given the uncertainty about when demand may bottom out and when a recovery may begin, the CARES Act payroll support grants will be critical as we weather the challenging months ahead," Alaska Air said in a statement. The company said it has cut capacity by 80% in April an dMay as demand has dropped in the wake of the COVID-19 pandemic. The company said it will update capacity reductions for June at a later date, but based on current trends, "sizable cuts will be necessary for the coming months." The stock surged 8.1% in afternoon trading. It has shed 61% over the past three months, while the Dow Jones Transportation Averag
Show less
Read more
Impact Snapshot
Event Time:
ALK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALK alerts
High impacting Alaska Air Group, Inc. news events
Weekly update
A roundup of the hottest topics
ALK
News
- ALK to Report Q4 Earnings: What's in the Offing for the Stock? [Yahoo! Finance]Yahoo! Finance
- Washington’s Climate Innovation Hub Proves The Green Economy Is Here To Stay [Forbes]Forbes
- Boeing Is Winning With The 737 MAX [Seeking Alpha]Seeking Alpha
- Alaska Air Group announces webcast of fourth-quarter 2025 financial results [Yahoo! Finance]Yahoo! Finance
- Alaska Air Group announces webcast of fourth-quarter 2025 financial resultsPR Newswire
ALK
Earnings
- 10/24/25 - Miss
ALK
Sec Filings
- 1/7/26 - Form 8-K
- 12/3/25 - Form 8-K
- 11/6/25 - Form 10-Q
- ALK's page on the SEC website