Alaska Air Group withdraws 2026 profit forecast and suspends guidance after Iran-linked jet-fuel surge
Alaska Air Group pulled its full-year profit forecast and suspended 2026 guidance after Q1 2026 results showed a net loss of $193 million ($1.69/diluted share) despite 5% year-over-year revenue growth to $3.3 billion. The company cited fuel-cost volatility tied to the Iran war and set liquidity at $2.9 billion after quarter close.
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