Alaska Air warns of softer travel demand, lower earnings forecast, but remains profitable

From CNBC: 2025-04-23 17:40:00

Alaska Airlines warns of softer travel demand affecting second-quarter earnings. Bookings have stabilized but a six-percentage-point headwind is expected due to “softer demand.” Unit revenue predicted to be flat to down as much as 6% over last year. Adjusted earnings per share forecasted at $1.15 to $1.65, lower than analysts’ expectations of $2.47.
Despite economic uncertainty, Alaska Airlines expects to remain profitable. First-quarter unit revenue rose 5% from last year, outperforming larger rivals. CEO Ben Minicucci emphasizes the company’s focus on safety, care, and performance. Net loss of $166 million in the first quarter, with revenue exceeding $3.1 billion but falling short of forecasts. Scheduled analyst call on Thursday at 11:30 a.m. ET.



Read more at CNBC: Alaska Air (ALK) 1Q 2025 earnings