Thursday saw two more FY22 earnings releases from US airlines: JetBlue and Alaska Airlines. JetBlue reported a full-year net loss of $-362 million, while Alaska’s profit was a small $58 million. What’s behind these numbers? JetBlue and Alaska Airlines positive about...
Restoring its operational performance to solid levels has helped Alaska Airlines to produce a strong third quarter. And with the ratification of three major labor deals at Alaska and its subsidiary Horizon, long-term labor stability should be guaranteed to keep the...
UPDATE – Another US airline to report record-high revenues in March is Alaska Airlines. Like American Airlines, Alaska’s revenues for the month exceeded 2019 levels for the first time since the start of the pandemic, the airline said on April 21 in its Q1...
Alaska Airlines is risking losing more pilots if it doesn’t successfully and quickly complete negotiations with pilots union ALPA. Negotiations over additional benefits have reached an impasse since starting in October. The Seattle Times quotes ALPA that it is seeing...
Alaska Airlines thinks it has turned the corner on the effects of the Covid-crisis, having produced positive cash flow and a profit for Q2. More importantly, forward bookings for the current third quarter already stand at 85 percent compared to 2019 levels, while the...
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