For years, I had been absolutely unwilling to invest in airline stocks. None. How could one invest in a business whereby, in aggregate, year-in and year-out, the industry loses money?
I've changed my mind.
Recent consolidation has sopped up empty seats. Management is running for money, not planning for the next bankruptcy. So it's time to re-think the Airlines; and after considerable deliberation and research I believe Alaska Air Group (NYSE:ALK) is the best of the lot.
Alaska Air Group in a Nutshell
Alaska Air Group, Inc., is the holding company for Alaska Airlines and Horizon Air, Seattle-based carriers that collectively serve over 90 destinations in the United States, Canada, and Mexico.
Alaska Airlines, Inc., through its...