Alaska Air Group Inc. revised its third-quarter guidance on Wednesday, after a considerable increase in fuel costs in recent weeks. In a regulatory filing,...
Alaska Air Group Inc. ALK, -3.45% revised its third-quarter guidance on Wednesday, after a considerable increase in fuel costs in recent weeks. In a regulatory filing, the airline said it’s now expecting third-quarter economic fuel cost per gallon to be about $3.15 to $3.25, up from prior guidance of $2.70 to $2.80. It expects its adjusted pretax margin to be 10% to 12%, compared with prior guidance of 14% to 16%.
Revenue is expected to be up 1% to 2%, compared with prior guidance of flat to up 3%, weighed down by the wildfires in Maui, which had resulted in cancellations to the island. “Our operation continues to perform at an exceptionally high level and throughout peak summer flying our completion rate reached record levels during July and August,” said the filing.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Bristow Group Takes Financial Step With Cargo Drone Maker Elroy AirGlobal transport leader Bristow Group Inc. has taken a big first financial step in acquiring autonomous hybrid electric eVTOL cargo drones from startup Elroy Air.
Leer más »
Visa Inc. Cl A stock rises Friday, outperforms marketShares of Visa Inc. Cl A inched 0.99% higher to $248.11 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P...
Leer más »
Berkshire Hathaway Inc. Cl B stock outperforms competitors despite losses on the dayShares of Berkshire Hathaway Inc. Cl B slid 0.55% to $360.47 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the...
Leer más »
Apple Inc. stock underperforms Tuesday when compared to competitors despite daily gainsShares of Apple Inc. inched 0.13% higher to $189.70 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ...
Leer más »
Alphabet Inc. Cl A stock underperforms Tuesday when compared to competitors despite daily gainsShares of Alphabet Inc. Cl A inched 0.08% higher to $135.77 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the...
Leer más »
Netflix Inc. stock outperforms competitors on strong trading dayShares of Netflix Inc. rose 2.00% to $448.68 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index...
Leer más »