News about ALK

Alaska Air Group posted third-quarter 2026 revenue of $4.3 billion, up 14%, but a GAAP net loss of $147 million, or $1.32 per share, as fuel prices added $1.8 billion in costs for the year. Adjusted net income was $40 million (adjusted EPS $0.36), excluding special items and a revised tax-rate methodology. Unit revenue rose 11.7%, premium revenue grew 24.5%, and managed corporate revenue increased 30%, while diversified revenue reached 54% of the total mix. For the fourth quarter, the company guided to an adjusted loss of $2.00 to $2.50 per share, with fuel averaging $4.65 to $4.85 per gallon, and a full-year adjusted loss of $5.00 to $5.50 per share. Alaska is also expanding international service from Seattle to Osaka and Papeete, targets 15 international routes by 2030, and plans to join Atlantic and Pacific joint international businesses.