
• Reported GAAP EPS of -$1.69 down -25.19% YoY • Reported revenue of $3.3B up 5.20% YoY • Alaska Air Group expects Q2 2026 adjusted loss per share of approximately ($1.00), with capacity up 1% and unit revenues trending up high single digits. Full-year guidance is suspended due to fuel price volatility.
Bullish
Alaska Air Group saw Q1 revenue of $3.3 billion, with unit revenue up 3.5% and premium revenue up 8%, driven by industry-leading on-time performance and strong international route profitability.
Bearish
Alaska Air Group reported a Q1 net loss of $193 million, impacted by materially higher fuel costs and localized demand disruptions, leading to suspended full-year guidance due to volatility.