The missing door plug that was torn off from an Alaska Airlines flight while in the air has been found by a school teacher.Pilots were forced to perform an emergency landing on Saturday after a hole was ripped into the side of the Boeing 737 Max 9 plane. The National Transportation Safety Board says the door plug - where the hole was made - has now been recovered by a school teacher from Portland called Bob.This breaking news story is being updated and more details will be published shortly.Please refresh t ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewBoeing CEO David Calhoun is calling for a companywide meeting to address the company's response to Friday's Alaska Airlines incident where a piece of the fuselage of a Boeing 737-9 MAX blew out du ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8957 ALASKA AIR GROUP, INC. Delaware 91-1292054 (State of Incorporation) (I.R.S. Employer Identification No.) 19300 International Boulevard ...

Financial Data and Key Metrics Changes - The company reported a GAAP net income of $139 million for Q3 2023, with an adjusted net income of $237 million excluding special items and mark-to-market fuel hedge adjustments [3][4] - Adjusted EPS was $1.83, and the adjusted pre-tax margin was 11.4% [22][23] - Unit costs decreased by nearly 5% year-over-year, with CASMex down 4.9% [6][23] Business Line Data and Key Metrics Changes - Total revenues reached $2.8 billion, up 0.4% year-over-year, with a 13.7% increase in capacity [11] - Unit revenues were down 11.7% compared to 2022 but up 12.2% compared to 2019 [11] - Premium cabin revenues increased by 10%, and premium class revenues were up 6% year-over-year [15] Market Data and Key Metrics Changes - The company faced a $20 million revenue impact from the Maui wildfires, which affected bookings significantly [12] - Bookings to Maui were down 45% in September compared to the previous year, although recovery began at the end of August [12][13] - The company expects a revenue impact of approximately $18 million in Q4 due to ongoing recovery efforts in Maui [13] Company Strategy and Development Direction - The company aims to maintain a disciplined growth strategy, with a focus on optimizing capacity and moderating growth in response to higher fuel costs [9][20] - The transition to a single fleet of Boeing aircraft is expected to enhance operational efficiencies moving into 2024 [8][27] - The company is focused on diversifying revenue streams, with 45% of revenue generated outside the main cabin [9][16] Management's Comments on Operating Environment and Future Outlook - Management acknowledged near-term headwinds from rising crude oil prices and refining margins, particularly on the West Coast [7][28] - Despite challenges, management remains confident in the long-term fundamentals of the business, citing strong operational performance and cost management [8][22] - The company anticipates a full-year adjusted pre-tax margin of 7% to 8%, revised down due to fuel price impacts [29] Other Important Information - The company generated approximately $270 million in cash flow from operations during the quarter, with total liquidity standing at $3 billion [24] - The company has revised its full-year CapEx expectation to $1.7 billion for 2023 [24] - The company reached a tentative agreement with aircraft technicians and is in negotiations with flight attendants [26] Q&A Session Summary Question: What shifted in September regarding bookings? - Management noted that bookings were negatively impacted by the Maui wildfires and a transition from peak summer demand to more traditional business travel patterns [32] Question: How are Hawaii bookings performing? - Maui bookings are significantly down, while other Hawaiian islands are seeing some stability, albeit softer than historical levels [34][36] Question: What are the contributors to sequential revenue improvement? - The company has adjusted capacity in response to demand trends, which has positively impacted revenue performance [39] Question: What is the outlook for capacity growth in 2024? - The company is evaluating growth plans within a 4% to 8% range, with a focus on managing capacity prudently [40][42] Question: How is the company addressing network optimization? - Management is focusing on aligning aircraft supply with demand, particularly in high-frequency routes, to improve operational efficiency [48] Question: What are the key headwinds impacting capacity growth plans? - Fuel costs are a significant concern, particularly due to higher refining margins on the West Coast [62]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8957 ALASKA AIR GROUP, INC. Delaware 91-1292054 (State of Incorporation) (I.R.S. Employer Identification No.) 19300 International Boulevard, Sea ...

Alaska Air Group, Inc. (NYSE:ALK) Q2 2023 Results Conference Call July 25, 2023 11:30 AM ET Company Participants Ryan St. John - VP, Finance, Planning and IR Ben Minicucci - President and CEO Andrew Harrison - EVP and Chief Commercial Officer Shane Tackett - EVP, Finance and CFO Nat Pieper - SVP, Fleet, Finance and Alliances, and Treasurer Conference Call Participants Jamie Baker - JPMorgan Andrew Didora - Bank of America Global Research Helane Becker - TD Cowen Conor Cunningham - Melius Research Brandon Og ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8957 ALASKA AIR GROUP, INC. Delaware 91-1292054 (State of Incorporation) (I.R.S. Employer Identification No.) 19300 International Boulevard, Se ...

Alaska Air Group, Inc. (NYSE:ALK) Q1 2023 Results Conference Call April 20, 2023 11:30 AM ET Company Participants Ryan St. John - VP, Finance, Planning & IR Benito Minicucci - CEO Shane Tackett - CFO Andrew Harrison - EVP, CCO Emily Halverson - VP Finance & Controller Kyle Levine - SVP, Legal, General Counsel, Corporate Secretary, Chief Ethics & Compliance Officer Nathaniel Pieper - SVP, Fleet & Finance Conference Call Participants Andrew Didora - Bank of America Catherine O'Brien - Goldman Sachs Chris Nich ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8957 ALASKA AIR GROUP, INC. Delaware 91-1292054 (State of Incorporation) (I.R.S. Employer Identification No.) 19300 International Boulevard, Seattle ...

Alaska Air Group, Inc. (NYSE:ALK) Q4 2022 Earnings Conference Call January 26, 2023 11:30 AM ET Company Participants Emily Halverson - Vice President, Finance, Controller and Principal Accounting Officer Andrew Harrison - Chief Revenue Officer, Chief Commercial Officer and Executive Vice President Shane Tackett - Chief Financial Officer and Executive Vice President, Finance Benito Minicucci - President, Chief Executive Officer and Director Nathaniel Pieper - Senior Vice President, Fleet, Finance and Allianc ...