07:00 AM EDT, 09/15/2025 (MT Newswires) -- Alaska Air ( ALK ) said Monday that it expects fiscal Q3 adjusted earnings at the low end of its $1.00 to $1.40 range.

Analysts polled by FactSet expect $1.35. The parent of carrier Alaska Airlines said unit costs have been pressured by higher fuel costs and operational challenges during the summer. The company had to pay more overtime and passenger compensation amid weather and air traffic control disruptions, it said.

The airline said West Coast refining margins remain high because of disruptions, pushing the expected economic fuel price to $2.50 to $2.55 per gallon, up from a prior expectation of about $2.45.

Still, revenue trends "remain strong," the company said, with unit revenue tracking near the high end of its flat to low-single-digit growth guidance.