Alaska Airlines cuts flights, raises bag fees as Iran war drives jet fuel prices higher [Yahoo! Finance]
Alaska Air Group, Inc. (ALK)
Last alaska air group, inc. earnings: 1/28 04:01 pm
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Source: Yahoo! Finance
The Seattle-based carrier announced it has lost $193 million in the first three months of 2026. To cope with the rising costs, Alaska has already raised baggage fees — and now it's cutting capacity in May and June. A spokesperson for Alaska Airlines says the cuts mostly affect late-night departures in high-frequency markets. The airline is also suspending its financial guidance for the rest of the year, warning that fuel costs are expected to keep climbing. Jet fuel averaged under $3 per gallon in the first quarter, but Alaska expects it to reach $4.75 per gallon this month. Delta, Southwest, and United previously raised baggage fees and cut capacity to offset the surge in fuel costs. Jet fuel supplies are lagging. What does that mean for airlines and travelers? A looming jet fuel shortage in Europe and Asia could compound the Iran war's impact on world travel within weeks if a fragile agreement to reopen the Strait of Hormuz collapses, making higher airfares and flight can
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News
- Every Wall Street Analyst Says Buy Alaska Air. The Stock Has Lost 43% in a Decade. [Yahoo! Finance]Yahoo! Finance
- Alaska Air suspends 2026 guidance as fuel costs soar [Yahoo! Finance]Yahoo! Finance
- Here's How Much Boeing Stock Is Expected to Move After Earnings [Yahoo! Finance]Yahoo! Finance
- Apple, Amazon, Alaska Air, Avis, UnitedHealth, and More Stock Market Movers [Barron's]Barrons
- Alaska Air Group reports first quarter 2026 results [Yahoo! Finance]Yahoo! Finance
ALK
Earnings
- 4/20/26 - Miss
ALK
Sec Filings
- 4/20/26 - Form 8-K
- 4/2/26 - Form 4
- 4/2/26 - Form 3
- ALK's page on the SEC website