Alaska Air Group, Inc. (ALK)

The company now

Alaska Air Group reported a third-quarter 2026 net loss of $147 million, or $1.32 per share, on 20 October 1. Revenue rose 14 percent from a year earlier to $4.3 billion on 2.4 percent more capacity 1.

The company blamed fuel and a tax catch-up 1. It said a $1.8 billion fuel bill above plan is behind a full-year adjusted loss it now guides to between $5.00 and $5.50 per share 1.

The Seattle Times reported that fuel cost $3.94 a gallon in the quarter against the $3.75 the company had planned 3. It tied the surge in fuel prices to the US war with Iran disrupting crude oil shipments 3.

Reuters reported that Alaska would cut about 200 non-contract jobs, and that its chief executive warned of a loss of as much as $700 million this year if conditions persist 4. The open question is how long fuel stays high 4.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.