Revenue segments as reported by the company.

Passenger revenues

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Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Aircraft fuel, including hedging gains and losses

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Alaska Air Group

Alaska Air Group, Inc. is a holding company, which engages in the provision of air transportation services. It operates through the following segments: Mainline, Regional and Horizon. The Mainline segment includes Alaska's Boeing or Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Canada, Mexico, and Costa Rica. The Regional segment consists of Horizon's and other third-party carriers’ scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPAs). The Horizon segment includes the capacity sold to Alaska under CPA. The company was founded in 1985 and is headquartered in Seattle, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Alaska Air Group posts strong earnings, eyes growth and efficiency

Alaska Air Group delivered robust financial performance in Q4 2022 and outlined ambitious plans for 2023, focusing on profitability, growth, and operational enhancements.
While facing challenges in fuel hedging strategies and uncertainties in revenue guidance, the company remains poised to capitalize on opportunities in revenue growth and operational improvements.
By addressing challenges, leveraging strengths, and seizing opportunities, Alaska Air Group aims to navigate market dynamics effectively and drive sustainable value for shareholders and stakeholders.
The company's strategic focus on network expansion, cost discipline, and customer engagement positions it well to achieve its financial targets and enhance competitiveness in the airline industry.

Alaska Air Group reports Q1 loss but eyes strong margins and growth opportunities

Alaska Air Group navigated Q1 challenges with improvements in operational metrics and a focus on efficiency. The company's strong balance sheet, strategic partnerships, and proactive measures position it well for peak summer flying. Despite economic uncertainties, Alaska Air Group remains confident in achieving strong margins and driving growth through operational resiliency and strategic initiatives.

Alaska Air Group excels in Q2 earnings, eyes cost reductions

Alaska Air Group's Q2 performance reflects strong earnings, operational excellence, and strategic focus on stability and cost control amidst industry challenges.
The company's financial strength, liquidity, and operational efficiency position it well for future growth, with opportunities for cost reductions and revenue growth in 2024.
Challenges in fare softness and pricing pressures require strategic adjustments, while opportunities in capacity reallocation and market expansion offer avenues for sustained growth.
Alaska Air Group's adaptability to changing market dynamics, focus on customer demand, and operational resilience underscore its competitive positioning and growth potential.

Alaska Air Group reports robust Q3 earnings amidst industry challenges

Alaska Air Group delivered strong financial performance in Q3, driving down unit costs and maintaining liquidity amidst challenging headwinds.
The airline's strategic focus on market share, premium offerings, and cost discipline positions it well for long-term success despite near-term challenges.
Positive trends in corporate travel, revenue generation, and margin improvement highlight growth opportunities for Alaska Air Group in a recovering travel market.

Alaska Air Group reports record revenue despite 737 MAX challenges

Alaska Air Group navigated challenges from the 737 MAX 9 grounding to achieve strong financial performance and record revenue. The company is focused on improving operational efficiency, reducing losses, and capitalizing on opportunities in premium loyalty and ancillary revenues.

Alaska Air Group exceeds Q1 goals, raises full-year guidance

Alaska Air Group navigated challenges to achieve improved performance and outlook. Strategic focus on growth areas and cost management. Ongoing efforts to optimize operations and explore new revenue streams.

Alaska Air Group posts record revenue, navigates challenges for growth

Alaska Air Group's Q2 performance reflects strong financial results, driven by record revenue and cost management, with a strategic focus on margin and profitability.
The company's strengths lie in operational excellence, premium exposure, and margin targets, while challenges include adjusting EPS guidance and balancing growth with profitability.
Opportunities for Alaska Air Group include the planned acquisition of Hawaiian Airlines, market competitiveness, and revenue growth through premium segment investments.
Overall, Alaska Air Group aims to maintain its position as a top margin producer, deliver exceptional guest experiences, and drive revenue growth through strategic initiatives.

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Alaska Air Group, Inc. is a holding company, which engages in the provision of air transportation services. It operates through the following segments: Mainline, Regional, and Horizon. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, Costa Rica and Belize. The Regional segment consists of Horizon's and other third-party carriers’ scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment encompasses the capacity sold to Alaska under a CPA. The company was founded in 1985 and is headquartered in Seattle, WA.

American Airlines

Delta Air Lines

Spirit Airlines

United Continental Hlds

United Airlines, Alaska Air, Spirit Airlines, Delta Air and American Airlines are included in this Analyst Blog.

The Zacks Analyst Blog United Airlines, Alaska Air, Spirit Airlines, Delta Air and American Airlines

Airline stocks are always in focus as summer travel season picks up, even more so with earnings season in high gear.

3 Airline Stocks With New Post-Earnings Setups

Alaska Air Group, Inc. (NYSE:ALK ) Q2 2024 Earnings Conference Call June 18, 2024 11:30 AM ET Company Participants Ryan St. John - Vice President, Finance, Planning and IR Ben Minicucci - President and CEO Andrew Harrison - Chief Revenue Officer and CCO Shane Tackett - Chief Financial Officer Conference Call Participants Jamie Baker - JPMorgan Duane Pfennigwerth - Evercore ISI Scott Group - Wolfe Research Andrew Didora - BofA Global Research Dan McKenzie - Seaport Global Ravi Shanker - Morgan Stanley Conor Cunningham - Melius Research Mike Linenberg - Deutsche Bank Savi Syth - Raymond James Tom Fitzgerald - Cowen & Company Stephen Trent - Citigroup Chris Stathoulopoulos - Susquehanna Financial Group Operator Good morning, ladies and gentlemen. And welcome to the Alaska Air Group 2024 Second Quarter Earnings Call.

Alaska Air Group, Inc. (ALK) Q2 2024 Earnings Call Transcript

Alaska Air's (ALK) second-quarter 2024 revenues benefit from contributions from passenger revenues.

Alaska Air (ALK) Q2 Earnings Top Estimates, Revenues Lag

The headline numbers for Alaska Air (ALK) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Alaska Air (ALK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Alaska Air Group (ALK) came out with quarterly earnings of $2.55 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $3 per share a year ago.

Alaska Air Group (ALK) Q2 Earnings Top Estimates

Expected to lead the industry with adjusted pretax margin of 15.8% Achieved a completion rate of 99.5%, among the highest in the industry Reached tentative agreement with Alaska flight attendants represented by AFA SEATTLE , July 17, 2024 /PRNewswire/ -- Alaska Air Group (NYSE: ALK) today reported financial results for the second quarter ending June 30, 2024, and provided outlook for the third quarter ending September 30, 2024 and full year 2024. "It's clear that premium airlines are rising above the rest of the industry, and Alaska's product and performance put us in that top tier, with a strong long-term outlook to grow and compete," said CEO Ben Minicucci.

Alaska Air Group reports second quarter 2024 results

This expansion will add 1.3 million premium seats annually to our mainline fleet ,  providing guests with even more opportunities to upgrade to a premium experience SEATTLE , July 17, 2024 /PRNewswire/ -- At Alaska Airlines, we're always looking for new ways to make your travel experience even better. We believe in giving you choices that fit your needs, whether you're all about the comfort and perks of Premium and First Class, or you appreciate the value and flexibility of our Main Cabin and Saver Fare options.

Alaska Airlines announces major expansion of First Class and Premium seating

Alaska Air Group forecast third-quarter profit below estimates on Wednesday, citing a financial hit from its new flight attendant contract deal, while it topped market expectations for second-quarter earnings.

Alaska Air third-quarter profit view lags estimates on hit from cabin crew deal

Hawaiian Hlds

Alaska Airlines and Hawaiian Airlines have jointly filed two critical applications with the U.S. Department of Transportation in anticipation of the transaction completing their planned merger.

Alaska & Hawaiian Airlines Apply To USDOT For Mutual Route Transfer

Alaska Air (ALK) second-quarter 2024 revenues are likely to have benefited from the upbeat air-travel demand. Expenses related to fuel prices remain a concern.

Is a Beat in Store for Alaska Air (ALK) in Q2 Earnings?

SEATTLE , July 11, 2024 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2024 second quarter financial results at 11:30 a.m. EDT/ 8:30 a.m.

Alaska Air Group announces webcast of second-quarter 2024 financial results

This expansion offers our guests warm-weather escapes and a range of dream winter getaways, including our first-ever service to Vail, Colorado   SEATTLE , July 10, 2024 /PRNewswire/ -- Alaska Airlines is reinforcing its commitment to enhancing the travel experience this winter with 18 new nonstop routes to sun-soaked international destinations and winter wonderland retreats that will offer our guests a blend of adventure and relaxation. Tickets are available starting the evening of July 10 on alaskaair.com.

Alaska Airlines expands winter travel options with 18 exciting new sun and ski routes

JetBlue Airways

Southwest Airlines

Frontier Group Holdings

Higher payroll and other expenses are eating into airline profits despite strong travel demand. Airlines have ramped up U.S. capacity, forcing some carriers to discount fares in off-peak periods.

Air travel demand is breaking records. Airline profits are not

The newest routes from Los Angeles to La Paz and Monterrey are likely to help Alaska Air (ALK) witness a surge in passenger numbers.

Alaska Air's (ALK) Arm Expands in Mexico With Two New Routes

Alaska Airlines and its flight attendants have reached a tentative agreement on a groundbreaking three-year contract deal that likely sets a path for deals at other larger airlines including American and United.

Record Alaska Airlines Flight Attendant Deal Sets Stage For American And United

Alaska Airlines' flight attendants are set for an average pay increase of 32% as part of a new three-year tentative labor agreement with the airline, a union representing the employees said.

Alaska Airlines flight attendants set for 32% average pay rise in new tentative contract

SkyWest

Upbeat air travel demand is likely to keep airline stocks like SkyWest (SKYW), United Airlines (UAL) and Alaska Air (ALK) in good shape in the second half of 2024.

3 Airline Stocks You Should Keep an Eye on in 2H24

This winter, we're expanding our guests' options with nonstop service to two exciting international destinations SEATTLE , July 2, 2024 /PRNewswire/ -- Alaska Airlines is excited to announce an expansion of our 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.

Alaska Airlines launches historic routes to La Paz and Monterrey, Mexico from Los Angeles

Boeing

Alaska Airlines said on Friday that it has returned to Boeing the 737 MAX 9 plane that was involved in a mid-air door panel blowout in January.

Alaska Air formally returns Flight 1282 737 MAX 9 to Boeing

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why Alaska Air Group (ALK) is a Top Momentum Stock for the Long-Term

The consensus price target hints at a 35.6% upside potential for Alaska Air (ALK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe Alaska Air (ALK) Could Rally 35.64%: Here's is How to Trade

Alaska Air (NYSE: ALK) saw its net income surge by 300% y-o-y to $235 million in 2023. This can primarily be attributed to higher revenues, and lower fuel costs.

How Profitable Is Alaska Air?

The tentative deal with the union covers more than 6,500 flight attendants of Alaska Airlines, the wholly-owned subsidiary of Alaska Air Group (ALK).

Alaska Air (ALK) Arm & Flight Attendants Ink Tentative Deal

A union representing flight attendants for Alaska Airlines said on Friday that they have reached a tentative agreement for a record contract with the carrier.

News for Alaska Air Group Stock (ALK)