5 Best Airline Stocks to Buy According to Reddit

3. Alaska Air Group, Inc. (NYSE:ALK)

Number of Hedge Fund Holders: 45

Alaska Air Group, Inc. (NYSE:ALK) is one of the best airline stocks to buy according to Reddit. On May 6, Alaska Air Group, Inc. (NYSE:ALK) signed a formal agreement to integrate Boeing’s Virtual Airplane, marking a significant milestone in their partnership. The signing took place at the World Aviation Training Summit in Orlando, Florida. Jeff Severns, Managing Director of Flight Operations Training for Alaska Air Group, Inc. (NYSE: ALK), stated that the collaboration with Boeing on Virtual Airplane has enabled the company to provide its pilots with realistic and flexible training tools that complement traditional simulator sessions.

In a separate development, Alaska Air Group, Inc. (NYSE:ALK) announced on May 13 that Alaska Airlines launched a new, daily seasonal nonstop service between Hollywood Burbank and Honolulu, which adds a fourth Los Angeles gateway between California and Hawai‘i this summer. Operated by a Boeing 737–8 MAX aircraft through Aug. 18, the flights offer another convenient travel option between Hawaiʻi and the Los Angeles region and beyond, supported by the expanding, joint network of Alaska Airlines and Hawaiian Airlines.

Alaska Air Group, Inc. (NYSE:ALK) is a holding company that provides air transportation services. The company operates through the following segments: Alaska Airlines, Hawaiian Airlines, and Regional.