financetom
Business
financetom
/
Business
/
BRIEF-Alaska Air CEO Says Expect DOJ To Complete The Review Of Hawaiian Airlines Acquisition Deal By Aug. 5 - Conf Call
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRIEF-Alaska Air CEO Says Expect DOJ To Complete The Review Of Hawaiian Airlines Acquisition Deal By Aug. 5 - Conf Call
Jul 18, 2024 10:06 AM

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

Further company coverage:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved