Alaska Air Incurs Loss in Q1, Misses Revenue Estimates

Alaska Air Group, Inc. (ALK) reported first-quarter 2025 loss of 77 cents per share, wider than  the Zacks Consensus Estimate of a loss of 72 cents. In the year-ago reported quarter, the company had incurred a loss of 92 cents per share.Operating revenues of $3.14 billion missed the Zacks Consensus Estimate of$3.16 billion. The top line jumped 41% year over year, with passenger revenues accounting for 89.5% of the top line and increasing 40% owing to consistency in air-travel demand.Passenger revenues tota ...