Reported about 17 hours ago
Alaska Air Group has retracted its 2025 financial forecast due to ongoing economic uncertainties, projecting lower profits for the upcoming quarter as travel demand softens. This move follows similar actions by other U.S. airlines amid challenging market conditions fueled by President Trump's trade policies. While demand appears to have stabilized recently, the airline is experiencing lower fare levels, which is expected to impact revenue significantly. Alaska plans to provide a revised full-year outlook in July, hoping for better economic clarity.
Source: YAHOO