Market Updates
Alaska Air Net Loss Expands, Offers Brighter Outlook
Scott Peters
21 Apr, 2022
New York City
Alaska Air Group said first quarter 2022 revenues increased 111% to $1.68 billion, net loss increased 10% to $143 million, and diluted loss per share increased 10% to $1.14 from $1.05 a year ago.
Passenger load factor increased to 76.8% from 51.8%, revenues per available seat mile increased to 11.30 cents from 7.11 cents, and fuel cost per gallon increased to $2.61 from $1.77 a year ago.
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Earnings
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