Alaska Air Group, Inc. has reported an optimistic financial outlook in its latest Investor Update filed with the SEC on October 21, 2024. The update, which includes non-GAAP financial figures, provides information on the company's financial and operational performance following its acquisition of Hawaiian Holdings, Inc. on September 18, 2024. Alaska Air Group anticipates its third-quarter results to be at the higher end of the previously guided EPS range, reflecting 13 days of Hawaiian's results. The company expects to lead the industry with the best adjusted pre-tax margin performance for the quarter. The positive outlook is attributed to strong revenue and cost performance, particularly from Alaska's operations, and continued revenue trends into the fourth quarter. Additionally, Alaska Air Group has completed a $2.0 billion loyalty financing deal, with plans to refinance $1.5 billion of high-yield debt, leading to significant interest cost savings. The consolidated Q3 2024 earnings release and Q4 guidance are scheduled for October 31, 2024, with no earnings conference call planned due to an upcoming Investor Day on December 10th.

Alaska Air Group, Inc. has reported an optimistic financial outlook in its latest Investor Update filed with the SEC on October 21, 2024. The update, which includes non-GAAP financial figures, provides information on the company's financial and operational performance following its acquisition of Hawaiian Holdings, Inc. on September 18, 2024. Alaska Air Group anticipates its third-quarter results to be at the higher end of the previously guided EPS range, reflecting 13 days of Hawaiian's results. The company expects to lead the industry with the best adjusted pre-tax margin performance for the quarter. The positive outlook is attributed to strong revenue and cost performance, particularly from Alaska's operations, and continued revenue trends into the fourth quarter. Additionally, Alaska Air Group has completed a $2.0 billion loyalty financing deal, with plans to refinance $1.5 billion of high-yield debt, leading to significant interest cost savings. The consolidated Q3 2024 earnings release and Q4 guidance are scheduled for October 31, 2024, with no earnings conference call planned due to an upcoming Investor Day on December 10th.