Alaska Air expects to lower April and May capacity by 80% [Reuters]
Alaska Air Group, Inc. (ALK)
Last alaska air group, inc. earnings: 1/28 04:01 pm
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investor.alaskaair.com/investors
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Source: Reuters
Alaska Air expects to lower April and May capacity by 80% (Reuters) - Alaska Air Group ( ALK.N ) said on Monday it expects to cut its capacity by 80% for both April and May, as demand falters due to the coronavirus crisis. ( bit.ly/2JLqiUa ) The U.S. carrier had earlier planned to reduce its April capacity by at least 10% and May capacity by at least 15%. “Alaska Air continues to experience demand that is 80% or more below normal levels as a result of the COVID-19 outbreak,” the company said in a regulatory filing. “In recent weeks we have moved quickly to dramatically reduce capacity, pull down costs, cull cash expenditures and access financing.”
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News
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- Airline stocks plunge as Iran war continues with no end in sight [Yahoo! Finance]Yahoo! Finance
- Alaska Airlines unveils lie-flat suites, upgraded perks in new international business class [FOX Business Network]FOX Business Network
ALK
Earnings
- 1/22/26 - Beat
ALK
Sec Filings
- 4/2/26 - Form 4
- 4/2/26 - Form 3
- 3/30/26 - Form DEF
- ALK's page on the SEC website