Alaska Air Group Inc.

NYSE:ALK   3:59:58 PM EDT
60.57
+2.32 (+3.98%)
4:00:00 PM EDT: $60.51 -0.06 (-0.10%)
Other Pre-Announcement

Alaska Air Says Increases In Expected Q2 Cash Flow From Operations Driven By Demand For Travel Dates Across Q2, Q3

Published: 06/21/2021 21:00 GMT
Alaska Air Group Inc. (ALK) - Alaska Air Group Inc - Increases in Expected Q2 Cash Flow From Operations Are Primarily Driven by Ongoing Strength in Demand for Travel Dates Across Q2, Q3.
Alaska Air Group Inc - Increases in Expected Q2 Cash Flow From Operations Also Primarily Driven by Improvements in Affinity Partner Cash Flows.
Alaska Air Group Inc - Expected Casmex for Q2 2021 Versus Q2 2019 Has Improved to Up 12% to 14%.
Alaska Air Group Inc - Continue to Expect That Q3 Pre-tax Margin Will Be Positive.
Alaska Air Group Inc - Sees Q2 Revenue Passengers % Change of Down About 28% - 30%.
Alaska Air Group Inc - Sees Q2 Passenger Load Factor About 74% to 76%.
Alaska Air Group Inc - Sees Q2 Total Revenue % Change of Down About 33% to 35%.
Alaska Air Group Inc - Sees Q2 Cash Flow From Operations About $650 Million to $750 Million.
Alaska Air Group Inc - Sees Q2 Economic Fuel Cost per Gallon About $1.91 - $1.93.
Alaska Air Group Inc - Sees Q2 Non-operating Expense About $20 Million to $22 Million.
Alaska Air - With Repayment of $135 Million Outstanding Under Cares Act Loan Program, Co Recorded About $8 Million Non-operating Expense for a Write-off.