Alaska Air Group’s (ALK) top line is bolstered by strong air travel demand. The company’s efforts to expand and reward its shareholders are praiseworthy. However, elevated operating expenses and weak liquidity are hurting the company’s prospects.Factors Favoring ALKUpbeat air travel demand bodes well for ALK as it delivered a robust top-line performance in the second quarter of 2024. In this quarter, Alaska Air saw a 2% increase in Revenue Passenger Miles (RPMs) and a 6% increase in capacity, measured in av ...