Alaska Airlines expands cargo fleet with four Boeing freighters

0 min read     Updated on 22 Jul 2026, 05:18 AM
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AI Summary

Alaska Airlines, Inc. is expanding its cargo operations by leasing four Boeing 737-800 Converted Freighter aircraft, increasing its freighter fleet from five to nine. The financial terms of the long-term lease agreements remain undisclosed.

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Alaska Airlines, Inc. is expanding its dedicated cargo operations by adding four Boeing 737-800 Converted Freighter (BCF) aircraft to its fleet through long-term lease agreements. The move increases the carrier's total 737 freighter fleet from five to nine aircraft, bolstering its capacity in the air cargo segment.

The newly acquired aircraft are converted passenger planes configured specifically for freight operations. By integrating these Boeing 737-800 BCFs, Alaska Airlines aims to meet growing demand for cargo transport and enhance its service reliability.

The financial terms of the lease agreements were not disclosed in the announcement. The addition of these four freighters represents a significant step in the airline's strategy to scale its cargo capabilities.

How will the addition of these freighters impact Alaska Airlines' revenue diversification strategy?

What specific routes or markets will Alaska Airlines target with its expanded cargo capacity?

Could this expansion signal a broader shift in the airline's business model toward cargo-focused operations?

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Susquehanna raises Alaska Air Group target to $70

1 min read     Updated on 07 Jul 2026, 05:54 PM
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Susquehanna analyst Christopher Stathoulopoulos maintained a Positive rating on Alaska Air Group and raised the price target from $50 to $70. This follows similar target increases from BMO Capital, TD Cowen, B of A Securities, Evercore ISI Group, and Goldman Sachs, while Citigroup maintained a Sell rating.

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Susquehanna analyst Christopher Stathoulopoulos has maintained a Positive rating on Alaska Air Group and raised the price target from $50 to $70. This adjustment adds to a series of positive revisions from major financial institutions, reflecting shifting perspectives on the airline's valuation and future performance. Alaska Air Group trades on the NYSE under the ticker symbol ALK.

BMO Capital analyst Michael Goldie maintained an Outperform rating on Alaska Air Group and raised the price target from $55 to $62.5. TD Cowen analyst Tom Fitzgerald maintained a Buy rating on Alaska Air Group and raised the price target from $51 to $59. B of A Securities analyst Andrew Didora maintained a Buy rating while raising the price target from $60 to $65. Evercore ISI Group analyst Duane Pfennigwerth also raised the price target from $55 to $65, maintaining an Outperform rating. Goldman Sachs analyst Catherine O'Brien maintained a Buy rating and increased the price target from $58 to $69. Conversely, Citigroup analyst John Godyn maintained a Sell rating but raised the price target from $32 to $47.

Rating Details

Firm Analyst Rating Previous Target New Target
Susquehanna Christopher Stathoulopoulos Positive $50 $70
BMO Capital Michael Goldie Outperform $55 $62.5
TD Cowen Tom Fitzgerald Buy $51 $59
B of A Securities Andrew Didora Buy $60 $65
Evercore ISI Group Duane Pfennigwerth Outperform $55 $65
Citigroup John Godyn Sell $32 $47
Goldman Sachs Catherine O'Brien Buy $58 $69

What specific operational or market factors are driving the consensus among analysts to raise price targets?

How might Alaska Air Group's recent performance influence its competitive position in the airline industry?

What are the potential risks or challenges that could offset the positive outlook from analysts?

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