Alaska Air Slashes Q1 Profit Forecast as Iran War Fuels Record Fuel Costs
Alaska Air now expects a deeper Q1 2026 adjusted loss of $1.50–$2 per share due to surging fuel prices and weaker demand in Mexico & Hawaii.
Alaska Air now expects a deeper Q1 2026 adjusted loss of $1.50–$2 per share due to surging fuel prices and weaker demand in Mexico & Hawaii.
JetBlue shares jumped after a report revealed the airline is exploring mergers with United, Southwest, or Alaska. What’s next after the failed Spirit deal?
United Airlines CEO Scott Kirby highlights how surging jet fuel prices after the U.S.-Israel strikes on Iran will impact earnings, yet passenger demand remains robust with new booking opportunities emerging.
Alaska Air Group expects Q3 earnings at the low end ($1-$1.40) due to high fuel costs ($2.50-$2.55/gal) & summer operational issues (weather, IT outage). Still, revenue is strong, unit revenue is high, & their new loyalty program and credit card are a big success!