TagAlaska Airlines(37)
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Alaska Airlines reports record Q2 revenue but faces higher costs
Marissa Nall By Marissa Nall – Reporter, Puget Sound Business Journal Jul 25, 2023 Alaska Airlines (NYSE: ALK) reported a jump in revenue and net income during the second quarter, but its shares fell 10% by midday Tuesday over higher costs expected to affect its performance over the latter half of the year. The SeaTac-based -
Alaska Airlines underway on ‘single largest construction project’ in its history
By Marissa Nall – Reporter, Puget Sound Business Journal Alaska Air Group Inc. (NYSE: ALK) is underway on over a half-billion dollars’ worth of improvements at Seattle-Tacoma International Airport that will alter the way passengers check into their flights. The project, dubbed SEA Gateway, is the single largest construction project in Alaska’s history, said Shane Jones, vice president of -
Despite quarterly loss, Alaska Air projects profits and growth ahead
By Dominic Gates Seattle Times aerospace reporter Alaska Air Group flew more passengers and took in more revenue in the first quarter of this year compared with a year ago, but it still lost $142 million. The loss is a result of myriad factors — from seasonal air travel weakness to higher fuel and labor