Mark Holder
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Mark Holder in Out Fox The $treet,

Alaska Air - Solid March Traffic Numbers

Alaska Air Group (ALK) reported the following March 2016 traffic numbers:

  • 9.2% increase in traffic
  • 9.2% increase in capacity
  • Load factor increased  0.1 points to 86.2%

The airline is growing capacity while slightly increasing the load factor. Plus the Virgin America (VA) deal is highly accretive making the stock a strong buy at 10x forward EPS estimates. 

Disclosure: No position