Alaska Airlines (NYSE:ALK) shares slumped Tuesday, on word of an expansion of its international network with two new Mexico destinations starting this winter. “We'll soon start flying between Los Angeles and breathtaking La Paz, as the only U.S. carrier serving the coastal Mexican destination,” this morning’s news release promised. “We'll also become the only U.S. airline to offer daily nonstop flights between Los Angeles and the bustling city of Monterrey when we begin service in February.”
During the winter months, our guests search for warm-weather travel destinations. Our new nonstop service to La Paz (LAP) and Monterrey (MTY) caters to that demand by offering our guests the perfect escape to sunny skies, a vibrant city experience and warm hospitality. It's never too early to start booking your winter vacation. Tickets are available starting the afternoon of July 3 on alaskaair.com.
"We recently celebrated 35 years of service to Mexico and are proud to connect travelers with the rich culture and natural beauty of the country. We look forward to continuing to serve as the carrier of choice from the West Coast, especially as we prepare to start service to these popular destinations in Mexico," said Kirsten Amrine, vice president of revenue management and network planning at Alaska Airlines.
ALK shares dropped 53 cents, or 1.3%, to $39.55.
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