Alaska Air Group, which encompasses Alaska Airlines and Hawaiian Holdings, has launched a three-year strategic plan, Alaska Accelerate, aiming for an additional $1 billion in profit after merging with Hawaiian Airlines. CEO Ben Minicucci emphasized the company’s successful business model and competitive edge. By 2027, Alaska targets earnings per share of at least $10, a pretax profit margin of 11-13%, and $500 million in synergies. The airline will introduce new non-stop flights to Japan and South Korea in 2025 and plans to expand its international destinations by 2030, enhancing its cargo capabilities significantly.

Source: https://www.stattimes.com/air-cargo/cargo-to-deliver-150mn-profit-for-alaska-by-2027-1353929