Alaska Airlines CEO: Jet fuel prices will have $600 million impact in Q2
CNBC Television·2026-04-21 19:15
It cost us $und00 million more in Q1. It's a $600 million impact in Q2. We are paying $4.75% for April for fuel.That's almost twice as much as we had planned for. So, it has a huge impact on uh not just Q1 and Q2, but it's the reason why we pulled full year guidance. $25 really recover is only about a third of our our fuel costs going forward.That's how high fuel prices are. So, what we need for fuel prices to do is come down uh you know, at least a dollar from uh per gallon from where they are for us to ge ...