With a $4.96 billion market cap, Alaska Air Group, Inc. (ALK) provides passenger and cargo air transportation services. The company operates three business segments: Mainline; Regional; and Horizon. It covers approximately 120 destinations throughout North America.
ALK delivered impressive results for the second quarter of fiscal 2022, surpassing Street estimates. It reported quarterly revenue of $2.70 billion on improved operational performance and achieved a record load factor for the quarter of 88%, driven by strong demand on reduced capacity.
