Another One Bites the Dust: Alaska Airlines Is Pulling Out of Cuba
Last fall, U.S. airlines were falling over themselves to add flights to Cuba, after the Obama administration loosened restrictions on travel to the Caribbean island nation.
What a difference a year makes. During 2017, the stampede of airlines leaving Cuba has been almost as dramatic as the stampede of airlines competing for the right to fly to Havana a year earlier. Continuing this trend, in early 2018, Alaska Air (NYSE: ALK) will become the next airline to stop flying to Cuba.
Alaska Airlines currently operates a single daily route to Cuba, connecting Los Angeles and Havana. On Tuesday, it announced that it will drop this route after Jan. 22. Customers who have booked tickets beyond then can be rebooked on a different airline, or they can request a refund.
Source: Fool.com
Alaska Air Group Inc. Stock
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