Alaska Air Group Inc.

+1.12 (+2.80%)
Other Pre-Announcement

Alaska Air Group Inc Sees Q2 Passenger Load Factor About 87% To 88%

Published: 06/02/2022 20:53 GMT
Alaska Air Group Inc. (ALK) - Sees Q2 Passenger Load Factor About 87% to 88%.
Sees Q2 Capacity (asms) Down About 7% to 9%versus 2019.
Sees Q2 Revenue Passengers % Change Versus 2019 to Be Down About 9% to 10%.
Sees Q2 Total Revenue Percentage Change Versus 2019 Up 12% to 14%.
Sees Q2 Economic Fuel Cost per Gallon About $3.65 to $3.68.
Sees Q2 Casmex Up About 16% to 19% Versus 2019.
Since Our Last Update, Operational Performance Has Improved, With System-wide Completion Rates at 96% in April and 98% in May.
A320 Aircraft Targeted for Retirement No Later Than Early 2023.
Now Expect Full Year 2022 Capacity to Be Below the Low End of Our Previous Guide of Flat to Down 3% Versus 2019.
Continue to Expect to Deliver Double Digit Pretax Margin in the Second Quarter.
Q2 Revenue View $2.44 Billion -- Refinitiv Ibes Data (analyst estimates).
Further Company Coverage: .