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• Edward Russell
Alaska Air Group prices $1bn senior notes to offset Iran-war jet-fuel spike; expects ~$600m hit to Q2 costs
Alaska Air Group said elevated global jet-fuel prices will add about $600 million to its second-quarter expenses. To manage the spike, it will borrow up to $1 billion via private offerings of senior notes, split into two transactions, with net proceeds for general corporate purposes and notes fully guaranteed.
