Alaska Air Group plans to grow profit by $1 billion and expand routes to other corners of the world, the company revealed Tuesday.

Alaska Airlines is launching new flights and a new premium credit card to help grow profits by $1 billion in 2027.

Alaska announced new routes Tuesday as part of a plan to boost international flights over the next several years.

Alaska Air on Tuesday unveiled a plan to generate $1 billion in additional profits by 2027 by leveraging its acquisition of Hawaiian Airlines and booming demand for premium travel, sparking a rally in its shares.

Alaska Airlines (ALK) is launching a handful of new nonstop flights to Asia as it sets an ambitious incremental profit goal a few months after it merged with Hawaiian Airlines.