July 18 (Reuters) - Alaska Air Group Inc ( ALK ):
* ALASKA AIR ( ALK ) CEO SAYS EXPECT DOJ TO COMPLETE THE REVIEW OF
HAWAIIAN AIRLINES ACQUISITION DEAL BY AUG. 5 - CONF CALL
* ALASKA AIR ( ALK ) CEO SAYS WE NOW EXPECT FULL-YEAR CAPACITY
GROWTH TO
BE LESS THAN 2.5%
* ALASKA AIR EXEC SAYS PLANNING FOR NEARLY FLAT CAPACITY IN
AUGUST
AND SEPTEMBER COMPARED WITH LAST YEAR
* ALASKA AIR EXEC SAYS IN Q3 WE EXPECT MORE PRESSURE ON UNIT
COSTS
THAN WE SAW IN Q1 & Q2
* ALASKA AIR EXEC SAYS DOMESTIC INDUSTRY CAPACITY IS SET TO
INCREASE ABOUT 3% YEAR-OVER-YEAR IN Q3 VERSUS THE 6% INCREASE IN
Q2
* ALASKA AIR EXEC SAYS INTERNATIONAL VERSUS DOMESTIC TRAFFIC
MIX
HAS NOT YET NORMALIZED
* ALASKA AIR EXEC SAYS OVER ONE POINT OF DEMAND HAS SHIFTED
OUT OF
DOMESTIC TRAVEL SINCE 2019
* ALASKA AIR EXEC SAYS ADVANCED BOOKINGS ARE COMING IN
ABOVE
CAPACITY GROWTH WITH LOAD FACTORS FOR AUGUST AND SEPTEMBER
* ALASKA AIR EXEC SAYS THESE TRENDS GIVE US CONFIDENCE THAT
WE CAN
ACHIEVE FLAT TO POSITIVE UNIT REVENUES IN Q3 VERSUS LAST YEAR
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