Alaska Air Group (NYSE: ALK) Thursday reported a web loss for the primary quarter of 2025, regardless of a double-digit improve in revenues.
The corporate reported a lack of $0.77 per share for the primary quarter, adjusted for one-off gadgets, in comparison with a lack of $0.92 per share in the identical interval final yr. On a reported foundation, web loss was $166 million or $1.35 per share in Q1, in comparison with a lack of $132 million or $1.05 per share in the identical interval of 2024.
Revenues elevated 41% year-over-year to $3.14 billion throughout the three months. Passenger income grew 40%, and Cargo & Different income surged 91%.
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