Alaska Air Group reports third quarter 2026 results
PR Newswire•20/10/2026•18:40 ET
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Key Highlights
- ➤Q3 GAAP net loss $147 million, or $1.32 per share
- ➤Q3 adjusted EPS $0.36, excluding certain tax impacts
- ➤Q3 revenue $4.3 billion, up 14% year-over-year on 2.4% capacity growth
- ➤Full-year adjusted loss guidance narrowed to ($5.50)–($5.00) per share
- ➤Q4 economic fuel cost forecast $4.65–$4.85 per gallon
Expert Statements
Ben Minicucci, CEO of Alaska Air Group
“At Investor Day, we laid out a clear strategy for building a stronger, more diversified business, and we're executing it: growing premium, international, cargo and Atmos Rewards, and investing in the guest experience. Those are the things that earn guest loyalty, diversify our revenue and ultimately drive stronger earnings. While we're not satisfied with this quarter's result or the $1.8 billion fuel headwind this year, we are confident in our ability to execute on the things we can control, including increasing the spread between unit revenue and unit costs excluding fuel.”
Alaska Air Group reports third quarter 2026 results PR Newswire
Reported loss per share of ($1.32), and adjusted earnings per share, excluding certain tax impacts, of $0.36
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