Alaska Airlines Could Soon Have 1 Seattle-Area Airport to Itself
In early 2019, the Seattle metro area got a second commercial airport: Paine Field in Everett, Washington. While Paine Field is better known as the home of Boeing's main assembly plant for wide-body jets, a privately owned two-gate terminal has enabled commercial flights to resume at the airport for the first time since World War II.
Two airlines operate at Paine Field: Alaska Air (NYSE: ALK) and United Airlines (NASDAQ: UAL). However, United recently confirmed that it will suspend service there in early October. That could potentially enable Alaska to grow its footprint at Paine Field over the next year or two.
Image source: United Airlines.
Source Fool.com
