Previous close | 10.05 |
Open | 10.05 |
Bid | 8.90 |
Ask | 10.40 |
Strike | 37.50 |
Expiry date | 2025-06-20 |
Day's range | 10.05 - 10.05 |
Contract range | N/A |
Volume | |
Open interest | 10 |
Upbeat air-travel demand bodes well for the Alaska Air (ALK) stock.
An Alaska Airlines-operated MAX 9 jet experienced a mid-air cabin panel blowout in January, which led to the U.S. Federal Aviation Administration grounding 171 of the aircraft for about three weeks. The credit memos can be used to make future purchases at Boeing, Alaska said in its quarterly report on Friday. Boeing is also compensating United Airlines — a prominent customer — to address the financial damages related to the grounding.
Buoyant air travel demand bodes well for the Zacks Transportation - Airline industry. Stocks like UAL, ALK and CPA appear well-poised to capitalize on this rosy scenario.