Alaska Air Group expects to suffer a "significant" third-quarter loss on a GAAP basis resulting from a $220 million mark-to-market loss on the value of its fuel hedges and other special items, it said in a filing with the US Securities and Exchange Commission. It will announce its third-quarter results on Oct. 23. It said it expects third-quarter passenger RASM to increase 3%-4% year-over-year and it recorded a one-time gain of $42 million related to a change in its loyalty program's mile ...

Subscribe to Access this Entire Article

"Alaska facing 'significant' third-quarter loss" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.