UPDATE 1-Alaska Air Group says 737 Max 9 grounding may hit long-term profit growth [Yahoo! Finance]
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: Yahoo! Finance
Boeing 737 Max 9 fleet may cause the company's long-term profit growth to be below its target range of 4% to 8%. Earlier this month, Alaska Air forecast first-quarter adjusted loss per share of 55 cents to 45 cents per share, compared with analysts' estimates for a loss of $1.18 per share, according to LSEG data. The first-quarter forecast reflects an unspecified partial compensation the carrier received from Boeing following a mid-air blowout of a door plug panel in January and a 30 cent-per-share impact from the temporary grounding of MAX 9 jets after the incident, Alaska Air said earlier. The airline had also said its full-year capacity expectations were still in a "flux" due to uncertainty surrounding aircraft delivery timings stemming from increased Federal Aviation Administration and Department of Justice scrutiny of Boeing and its operations. (Reporting by Aishwarya Jain in Bengaluru; Editing by Devika Syamnath)
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ALK
Earnings
- 4/18/24 - Beat
ALK
Sec Filings
- 4/18/24 - Form 8-K
- 4/5/24 - Form 4
- 4/4/24 - Form 8-K
- ALK's page on the SEC website