8-K - Alaska Air Group, Inc. | StockGist

AI Analysis

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Alaska Air Group updates Q1 2026 outlook to adjusted loss per share of ($2.00) to ($1.50) due to higher fuel costs and disruptions in Mexico and Hawaiʻi, despite strong demand elsewhere.

Key Takeaways

1Q1 2026 adjusted loss per share now expected ($2.00) to ($1.50), versus exceeding original guidance midpoint absent headwinds.

2Fuel costs rising to $2.90-$3.00/gallon, creating at least ($0.70) EPS headwind from surged refining margins.

3Capacity up ~2% at high end of prior range; unit revenue in line with expectations amid strong demand.

4Mexico unrest and Hawaiʻi storms impact ~30% of capacity, affecting March-April bookings; Hawaiʻi demand expected to recover.

5Q2 revenue trends strong with corporate bookings +25% YoY, yields and load factors up YoY.

6Singapore fuel (20% supply) refining margins surged ~400% since early February.

Current Report Details

Event Type

Regulation Fd

Disclosure

Voluntary

Variant

8-K

Items Reported

7.01

Regulation FD Disclosure Despite what has become another challenging first quarter operating environment in 2026, Air Group continues to execute well on its str

Regulation Fd

$2.25$2.90$3.00$2.00

Results of Operations

Q1 2026

Metric	Value	Basis	Prior Period
Adjusted Loss per Share	$-2.00	Non-GAAP

Exhibits (1)

8-K