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Alaska Air Group (NYSE:ALK) reported worse-than-expected first-quarter fiscal year 2026 results and suspended guidance, after the closing bell on Monday.
Alaska Air reported quarterly losses of $(1.68) per share, which missed the analyst consensus estimate of $(1.34). Also, the company reported sales of $3.30 billion, which marginally missed the analyst consensus estimate of $3.31 billion.
For the full-year 2026, the company said earnings visibility remains constrained mainly due to continued volatility in fuel prices. Given the uncertain outlook beyond the current quarter, it has suspended full-year guidance until conditions become more stable.
For the second quarter, the company expects capacity to …
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