Alaska Airlines Initiates Commercial Flights In Paine Field
Zacks Investment Research | Mar 05, 2019 07:43AM ET
Alaska Air Group’s (NYSE:ALK) wholly-owned subsidiary — Alaska Airlines — yesterday commenced commercial operations from Paine Field-Snohomish County Airport in Everett. The first flight was headed toward Portland, OR.
By mid-March, the low-cost carrier plans to operate 18 daily nonstop flights connecting Paine Field to eight West Coast cities — Las Vegas, Orange County, Phoenix, Portland, San Diego and San Jose. Currently, Alaska Airlines is plying on the routes utilizing the Embraer 175 aircraft that features extra legroom and several improved modern amenities in the premium as well as first class.
Apart from boosting connectivity with West Coast cities, the new commercial flight services are expected to be time savvy and reduce traffic congestion for travelers commuting on these routes. Aided by strong demand in these routes, the new flights are also anticipated to draw substantial traffic and boost passenger revenues.
Notably, the newly-initiated services are expected to boost economic development in Western Washington by providing ample opportunities for new businesses to emerge in this region. Alaska Airlines has always actively contributed to the region’s economic development. Evidently, it contributed $7 billion to Washington's economy in 2017 together with local vendors, manufacturing partners and technology providers.
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