Second quarter revenue rose 10% year-over-year to $4.1 billion, but a sharp 85% fuel cost increase led to a GAAP net loss of $76 million. Premium, cargo, and loyalty revenues outpaced system growth, and Q3 is expected to see double-digit unit revenue growth.Original document: Alaska Air Group, Inc…
Second quarter revenue rose 10% year-over-year to $4.1 billion, but a sharp 85% fuel cost increase led to a GAAP net loss of $76 million. Premium, cargo, and loyalty revenues outpaced system growth, and Q3 is expected to see double-digit unit revenue growth.
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