Alaska Air Group (ALK) said it flew a record load factor for the second quarter of 88%, driven by high demand on reduced capacity. The company reported adjusted pretax margin for the second quarter of 14%.
For full year 2022, the company expects capacity to be down 8% to 9% versus 2019, and expects CASMex to be up 15% to 17% versus 2019. The company continues to expect full year adjusted pre-tax margin to be between 6% and 9%.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.