Reported 26 days ago
Alaska Air Group expects its fourth-quarter profit to fall short of analysts' predictions due to increased costs from overstaffing and delays in aircraft deliveries. The company, based in Seattle, anticipates a 20 to 40 cents per share profit, below the expected 63 cents, amid challenges impacting its margins. Despite these pressures, Alaska Air reported a strong third-quarter performance with revenues exceeding expectations.
Source: YAHOO