ALASKA AIR GROUP (ALK) Company Report

Alkane Resources produced 43,663 AuEq oz during the quarter from 1 October to 31 December 2025, comprised of 42,767 Au oz and 267 Sb t.
The company's cash, bullion, and listed investment balance increased by A$55 million to A$246 million at 31 December 2025, after paying $11 million in FY25 income tax.
Sales for the quarter included 42,709 Au oz and 409 Sb t.
FY2026 Group Guidance for production of 160,000 to 175,000 AuEq oz at an AISC of A$2,600 - $2,900 per AuEq oz remains unchanged.

1 day ago

Press Release

Alaska Air Group places largest fleet order in its history

ALK

New Projects/Investments

Alaska Air Group announced its largest fleet order in the airline's history on December 31, 2025, which includes 105 new 737-10 aircraft and 5 new 787 aircraft from Boeing, along with an option for 35 additional 737-10 aircraft.
This order extends the aircraft delivery stream through 2035 and increases Alaska's total orderbook with Boeing to 245 aircraft.
The new aircraft support the "Alaska Accelerate" strategic plan, enabling expansion to more international destinations, with the five additional 787 widebody aircraft expected to facilitate flights to at least 12 long-haul international destinations from Seattle by 2030.
The company projects its fleet will grow from a current 413 aircraft to more than 475 aircraft by 2030 and more than 550 aircraft by 2035.

2 days ago

8-K

Alaska Airlines Announces Largest Fleet Order in Company History

ALK

New Projects/Investments

Guidance Update

Alaska Airlines announced its largest fleet order in history, comprising 105 new 737-10 aircraft and 5 new 787 widebody aircraft, with deliveries extending through 2035.
This investment supports the "Alaska Accelerate" strategic plan, aiming to expand to at least 12 long-haul international destinations from Seattle by 2030 and grow the total fleet from 413 aircraft to over 550 by 2035.
The airline will begin serving Europe in spring 2026, and Hawaiian Airlines, a subsidiary of Alaska Air Group, is scheduled to join the oneworld alliance in spring 2026.

2 days ago

Press Release

Hawaiian Airlines Announces Kahu'ewai Hawai'i Investment Plan

ALK

New Projects/Investments

Product Launch

Sustainability

Hawaiian Airlines, a subsidiary of Alaska Air Group, announced the Kahu'ewai Hawai'i Investment Plan, committing more than $600 million over five years to enhance guest experience and infrastructure.
The investment will focus on modernizing airport spaces, including a new premium lounge in Honolulu, upgrading technology such as a new app and website, and retrofitting widebody Airbus A330 interiors starting in 2028.
The plan also includes expanding community and sustainability initiatives, such as investments in sustainable aviation fuel.

5 days ago

Press Release

Alaska Airlines Announces New Nonstop Service to London Heathrow

ALK

Product Launch

New Projects/Investments

Alaska Airlines is now selling tickets for new daily, year-round nonstop service between Seattle and London Heathrow, commencing May 21, 2026.
This new route, utilizing Boeing 787-9 Dreamliner aircraft, marks the airline's fifth intercontinental destination from Seattle.
The expansion is facilitated by anticipated deepening alliances with American Airlines and British Airways, targeting London as the largest corporate market from Seattle.
Alaska Airlines plans to serve at least 12 intercontinental destinations from Seattle by 2030.

Dec 9, 2025, 1:00 PM

Press Release

Alaska Airlines Reaffirms 2027 EPS Target and Details Operational Progress

ALK

Guidance Update

New Projects/Investments

M&A

Alaska Airlines (ALK) maintains its $10 EPS target for 2027, despite macro headwinds that reduced the profit base by approximately $3 per share, citing $1 billion in planned initiatives and synergies as achievable.
The new premium co-brand card has exceeded initial expectations for card authorizations, leading to immediate outperformance in cash remuneration, though the $40 million incremental profit target by 2027 is currently unchanged.
Performance of Hawaiian assets has been better than anticipated, achieving break-even in Q2 and Q3 2025, with Q1 2026 expected to show significant improvement over Q1 2025. Cost synergies from the merger, including overhead and supply chain savings, are being realized and will continue to unlock through 2026.
The company plans to operate two wide-body fleets (A330s and 787s) for the long term, having secured five additional options for 787s, bringing the total to 17 787s for the Seattle International Complex. ALK is also actively pursuing solutions for more stable fuel supply on the West Coast.

Dec 4, 2025, 6:30 PM

Transcript

Alaska Airlines Reaffirms 2027 EPS Target Amid Operational Recovery and Merger Synergies

ALK

Guidance Update

M&A

New Projects/Investments

Alaska Airlines maintains its $10 EPS target for 2027, supported by $1 billion in initiatives including merger synergies and new loyalty programs, despite macro headwinds that reduced the initial profit buffer by approximately $3 per share.
The integration of Hawaiian assets has performed "phenomenally" better than expected, nearing break-even through Q3 compared to an initial projection of $200 million in losses, and the company is on track to achieve $200 million in cost synergies from the merger.
Temporary impacts from a government shutdown and IT outages have largely recovered, and fuel prices have returned to pre-refinery fire levels.
The company is expanding its wide-body fleet with 17 Boeing 787s for international routes from Seattle and plans to continue operating 24 Airbus A330s from Honolulu, while also evaluating narrow-body fleet consolidation.

Dec 4, 2025, 6:30 PM

Transcript

Alaska Air Group Revises Q4 2025 Earnings Forecast

ALK

Earnings

Guidance Update

Profit Warning

Alaska Air Group has significantly lowered its fourth-quarter 2025 earnings forecast to approximately 10 cents per share, representing a 75% reduction from earlier projections.
This revision is primarily attributed to an internal IT outage, which alone accounted for a $0.25 per share reduction, and government-mandated flight reductions that led to 600 cancellations and a $0.15 per share loss in revenue.
The company now projects a modest 1% increase in revenue per available seat mile (RASM) and a 3% rise in cost per available seat mile (CASM) excluding fuel for Q4 2025.
Alaska Air is engaging third-party consultants to review its IT systems and enhance data center resilience, while remaining focused on strategic integration and synergy capture for long-term value.

Dec 4, 2025, 12:54 AM

Bloomberg

ALK Reports Strong Q3 2025 Results and Upgrades Full-Year Outlook

ALK

Earnings

Guidance Update

Product Launch

ALK delivered 18% global organic revenue growth, reaching DKK 1,530 million, and saw its operating profit (EBIT) increase by 41% to DKK 423 million in Q3 2025, resulting in an EBIT margin of 28%.
The company upgraded its full-year 2025 outlook, now projecting revenue growth of 13-15% in local currencies (previously 12-14%) and an EBIT margin of approximately 26% (previously 25%).
Key growth drivers included 17% growth in tablet sales and 42% growth in other products and services, primarily fueled by higher Jext® sales within the anaphylaxis portfolio.
Strategic advancements include the successful paediatric roll-out of house dust mite and tree pollen allergy tablets, the launch of the EUR neffy® nasal adrenaline spray in the UK, and a US FDA Fast Track designation for the peanut SLIT-tablet development program.

Nov 12, 2025, 4:22 PM

Press Release

Alaska Air Group Achieves Single Operating Certificate for Alaska and Hawaiian Airlines

ALK

M&A

Management Change

New Projects/Investments

Alaska Airlines received a single operating certificate (SOC) from the Federal Aviation Administration today, October 29, 2025, allowing it to operate alongside Hawaiian Airlines as two separate brands, a milestone achieved just over a year after their combination.
The SOC marks the successful integration of training, policies, procedures, and manuals across both airlines and is a precursor to further integration, including a move to a single passenger service system (PSS) next spring (April), after which all flights will carry the AS code.
Diana Birkett Rakow has been appointed CEO of Hawaiian Airlines, with Jim Landers assuming the role of head of Hawai'i operations and Shelly Parker becoming head of Hawai'i guest operations.
Hawaiian Airlines is scheduled to join the oneworld alliance in spring 2026.