07:07 AM EST, 12/10/2024 (MT Newswires) -- Alaska Air Group ( ALK ) said Tuesday it expects 2025 earnings of at least $5.75 per share and increased capacity of 2% to 3%. Analysts polled by FactSet expect EPS of $5.55.

It also said it was setting a 2027 financial earnings target of at least $10 per share. A single analyst polled by FactSet expects EPS of $7.95.

The airline said it intends to double cargo revenue over the next few years and will open a new global hub in Seattle to combine Alaska Air ( ALK ) and Hawaiian Airlines route networks "to optimize connections and deepen relevance" for passengers.

The company said it will also offer new nonstop connections from Seattle to Tokyo and Seoul on Airbus A330 aircraft beginning next year.