Alaska Air Is Poised to Lead the Airline Recovery
There's no doubt that 2020 has been an awful year for airlines and their shareholders. But a crisis like the coronavirus pandemic often has a way of separating the long-term winners from the losers in an industry.
Alaska Air Group (NYSE: ALK) increasingly looks like one of the biggest long-term winners among U.S. airlines. In fact, the West Coast airline is in great position to come back strong over the next few years, boosting its earnings beyond pre-pandemic levels.
While all major U.S. airlines have made great strides in reducing their cash burn since March, Alaska Air has been arguably the most successful of them. In recent months, the carrier has routinely outperformed its cash burn projections.
Source Fool.com
