Alaska Air Group Inc Stock Price, News & Analysis

Alaska Air Group (NYSE:ALK) reported strong Q2 2025 results with adjusted earnings per share of $1.78, exceeding Wall Street expectations and previous guidance. The company achieved record revenue of $3.7 billion and a GAAP pretax margin of 6.4%. Hawaiian Airlines, acquired in September 2024, showed significant improvement with an 11-point margin expansion.

Key developments include the announcement of Alaska's first transatlantic route from Seattle to Rome starting May 2026, fleet expansion with twelve new aircraft deliveries, and the exercise of options for twelve 737-10s. The company maintained strong liquidity with $2.1 billion in unrestricted cash and repurchased 8.7 million shares for approximately $428 million in Q2.

Looking ahead, Alaska Air Group raised its full-year earnings outlook to greater than $3.25 per share, with Q3 2025 adjusted EPS expected between $1.00 and $1.40, despite a projected 10-cent impact from a recent IT outage.

Alaska Air Group (NYSE:ALK) has scheduled its second quarter 2025 financial results conference call for July 24, 2025, at 11:30 a.m. EDT. The company will release its Q2 results and outlook after market close on July 23, 2025.

A webcast will be available at www.alaskaair.com/investors, with an archive posted later that morning. Alaska Air Group operates Alaska Airlines, Hawaiian Airlines, and Horizon Air, serving over 140 destinations across North America, Latin America, Asia and the Pacific through their hubs in Seattle, Honolulu, Portland, Anchorage, Los Angeles, San Diego and San Francisco.

Alaska Airlines (NYSE:ALK) has appointed two new vice presidents to oversee critical employee groups amid the ongoing integration with Hawaiian Airlines. Joe Wonderly has been elected vice president of labor relations, while Allen Thieman will be promoted to vice president of inflight, both effective July 7.

Wonderly will lead labor strategy across all represented workgroups, which comprise 85% of Alaska's employees represented by five labor unions. He brings over a decade of labor and employment law experience, including four years at Alaska Airlines. Thieman will oversee a combined team of nearly 10,000 flight attendants from both Alaska and Hawaiian Airlines, succeeding Matt Prainito who is transitioning to support the integration efforts.

These appointments come at a crucial time as Alaska Airlines works to combine workforces with Hawaiian Airlines, particularly focusing on joint collective bargaining processes and maintaining service standards across the merged operations. The combined airline will serve more than 140 destinations throughout North America, Latin America, Asia and the Pacific.

Alaska Airlines has expanded its fresh meal options, now offering its popular Signature Fruit & Cheese Platter and Jetsetter's Jam sandwich on short-haul flights between 670-774 miles. The Signature platter, accounting for 40% of fresh food sales, features Washington and Oregon cheeses, crackers, fruit, and chocolate. For flights over 1,100 miles, Alaska offers up to five chef-curated dishes, including a new plant-based grain bowl. The airline has also introduced Chef's (tray) Table, a First Class menu program featuring West Coast chefs. Customers can pre-order meals through the Alaska Airlines mobile app from two weeks up to 20 hours before flights, maintaining Alaska's position as the U.S. carrier with the most inflight dining choices.

Alaska Airlines (ALK) announced its first-ever nonstop service between Seattle and Rome, starting May 2026. The service will operate four times weekly using Boeing 787-9 Dreamliner aircraft, marking the first direct connection between the Emerald City and the Eternal City. Flights will be available for purchase in fall 2025. Rome becomes Alaska's third widebody international route from Seattle after Tokyo Narita and Seoul Incheon, advancing the airline's 'Alaska Accelerate' strategic plan to generate $1 billion in incremental profit following its combination with Hawaiian Airlines. The new route will serve Rome's Leonardo da Vinci Fiumicino International Airport (FCO), a SkyTrax 5-Star hub airport undergoing a €9 billion expansion, offering connections to over 230 destinations across 80 countries.

Alaska Airlines (ALK) is elevating its First Class dining experience with the launch of Chef's (tray) Table, featuring rotating menus by acclaimed West Coast chefs. The program debuts with James Beard award-winning Chef Brady Ishiwata Williams from Seattle's Tomo restaurant, following a successful collaboration with San Francisco's Chef Brandon Jew. The new menu, available exclusively in First Class on select East Coast routes from Seattle starting June 5, includes signature dishes like Mochi Waffle & Fried Chicken for breakfast and Klingemann Farms Glazed Short Rib for dinner. Alaska Airlines also expanded its Main Cabin offerings with a new plant-based grain bowl and continues to offer more inflight dining choices than any other U.S. carrier through its pre-order program.

Alaska Airlines is helping Vinton Smith complete his mission to donate blood in all 50 states by sponsoring his family's travel to Hawaii, his final destination. On June 14, 2025 (World Blood Donor Day), Vinton will make his final donation at the Blood Bank of Hawaii, accompanied by his wife, children, and mother - making it a three-generation event. Throughout his journey, Vinton has donated blood 139 times and platelets 45 times, totaling 239 units.

To promote blood donation, Alaska Airlines and Hawaiian Airlines are partnering with the Blood Bank of Hawaii for a sweepstakes through June 8, offering two pairs of roundtrip tickets to any Alaska/Hawaiian destination in North America and Hawaii. Additionally, Alaska Airlines previously donated $10,000 to the Blood Bank of Alaska when Vinton made his 49th state donation.

Alaska Air Group (NYSE: ALK) announced it will webcast a fireside chat featuring Brett Catlin, VP of loyalty, alliances and sales, and Ryan St. John, VP of finance, planning and investor relations, at the 2025 Bank of America Industrials, Transportation & Airlines Key Leaders Conference. The presentation is scheduled for May 15, 2025, at 8:00 a.m. ET and will be available at news.alaskaair.com/investor-relations.

Alaska Air Group operates Alaska Airlines, Hawaiian Airlines, and Horizon Air, with hubs in Seattle, Honolulu, Portland, Anchorage, Los Angeles, San Diego, and San Francisco. The company serves over 140 destinations across North America, Latin America, Asia, and the Pacific. Hawaiian Airlines is set to join the oneworld Alliance in 2026.

Alaska Airlines (ALK) has launched daily nonstop service between Seattle and Tokyo Narita, operated by Hawaiian Airlines' widebody aircraft, marking a significant expansion of its international operations. The service represents the beginning of Alaska's ambitious plan to serve at least 12 international destinations with widebody aircraft from Seattle by 2030.

The Seattle-Tokyo route, operated with Hawaiian's A330 aircraft, offers three service classes: Business Class, Extra Comfort, and Main Cabin. The service includes complimentary Starlink Wi-Fi, extensive entertainment options, and premium dining. A second international route to Seoul Incheon will begin on September 12, 2025.

This expansion leverages Seattle's strategic location as the closest U.S. mainland connection to Tokyo, being 7% closer than San Francisco and 13% closer than Los Angeles. The route has shown strong demand, with ticket sales from over 80 U.S. cities and approximately 400 daily passengers in each direction.