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0.00443821537024054 0.00420462508759635 -0.0035038542396636 -0.00467180565288491 -0.0018687222611539 -0.00700770847932719 0.00140154169586551 0.0018687222611539
Stock impact report

Alaska Air pulls its 2025 outlook, sees weaker profit in second quarter [Yahoo! Finance Canada]

Alaska Air Group, Inc. (ALK) 
Last alaska air group, inc. earnings: 1/28 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.alaskaair.com/investors
CHICAGO (Reuters) -Alaska Air Group on Wednesday withdrew its full-year financial forecast, citing the prevailing macroeconomic uncertainty. The Seattle-based airline also forecast a lower-than-expected profit for the current quarter due to softening travel demand. Alaska is the latest U.S. carrier after Delta Air Lines and Frontier to pull its guidance as President Donald Trump's trade war has created the biggest uncertainty for the industry since the COVID-19 pandemic. With little clarity on how consumers will behave in the face of a potentially worsening economy, airlines are struggling to accurately forecast their business. Last week, United Airlines gave two different forecasts, a highly unusual move. United said this was necessary because it was impossible to predict the macro environment this year with "any degree of confidence." As travel is a discretionary item for many consumers and businesses, the deteriorating economic outlook has led to a pullback in travel spend Show less Read more
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