{"id":1917164,"date":"2023-04-20T10:41:56","date_gmt":"2023-04-20T14:41:56","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/alaska-air-posts-bigger-than-expected-loss-as-costs-mount\/"},"modified":"2023-04-20T10:42:06","modified_gmt":"2023-04-20T14:42:06","slug":"alaska-air-posts-bigger-than-expected-loss-as-costs-mount","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/alaska-air-posts-bigger-than-expected-loss-as-costs-mount\/","title":{"rendered":"Alaska Air posts bigger-than-expected loss as costs mount"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Falaska-air-posts-bigger-than-expected-loss-as-costs-mount%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1917164&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"entry-content\">\n<p>(Reuters) \u2013     Alaska Air Group on Thursday reported a bigger-than-expected quarterly loss as higher expenses related to labor and fuel dented the carrier\u2019s margins. <\/p>\n<p>As more people plan their travel after the pandemic kept them at home for a long period, airlines are struggling to capitalize on rising demand with limited capacity coupled with elevated cost pressures.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<\/p>\n<p>Earlier this month, American Airlines Group Inc forecast first-quarter profit below market expectations, joining rival United Airlines Holdings Inc in signaling a hit from increasing costs.<\/p>\n<p>In January, Alaska Air warned that it would face pressures from higher labor costs and expenses related to pilot training as it phases out Airbus SE jets in favor of Boeing Co planes. <\/p>\n<p>Shares of Alaska Air fell 1.49% in premarket trading on Thursday after the company forecast second-quarter cost per available seat mile (CASM), excluding fuel, to rise between 1% and 3%.<\/p>\n<p>On an adjusted basis, the company posted a loss of 62 cents per share in the first quarter ended March 31, compared with analysts\u2019 average estimate of 48 cents per share, according to Refinitiv data. <\/p>\n<p>Operating revenue for the quarter rose 31% to $2.19 billion. <\/p>\n<\/p>\n<p> (Reporting by Aishwarya Nair in Bengaluru; Editing by Shinjini Ganguli)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/alaska-air-posts-bigger-than-expected\/attachment\/an-alaska-airlines-aircraft-lands-at-reagan-national-airport-in\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Two Alabama teens face murder charges in the deadly shooting at a sweet-16 birthday party. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>30 years ago, a siege in Waco, Texas left four federal agents and 82 civilians dead.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>In this Wednesday Recap Frank Ocean drops out of Coachella weekend 2, a group\u00a0of divers make a historic underwater discovery &#038; Alec Baldwin\u2019s \u2018Rust\u2019 film will resume.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>A new Democrat is looking to challenge Joe Biden and what the party has become. Meanwhile, the fates of a popular abortion pill and an unpopular police reform bill are placed in limbo.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) \u2013 Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI\u2019s ChatGPT are complicating governments\u2019 efforts to agree on laws governing\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>BEIJING (Reuters) \u2013 China\u2019s gaming regulator on Thursday granted publishing licenses to 86 domestic online games, including titles belonging to Alibaba, Baidu\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Yimou Lee and Sarah Wu TAIPEI (Reuters) -Chipmaker TSMC, a major Apple supplier, forecast a 16% plunge in sales for the\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Heekyong Yang SEOUL (Reuters) -The South Korean government and its top battery companies plan to jointly invest 20 trillion won ($15.1\u2026 <\/p>\n<\/p><\/div>\n<p><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) \u2013 Alaska Air Group on Thursday reported a bigger-than-expected quarterly loss as higher expenses related to labor and fuel dented the carrier\u2019s margins. As more people plan their travel after the pandemic kept them at home for a long period, airlines are struggling to capitalize on rising demand with limited capacity coupled with elevated<\/p>\n","protected":false},"author":66,"featured_media":1917165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[6229,8320,24741,7969,6169,12918,5330],"class_list":["post-1917164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-air","tag-alaska","tag-bigger-than-expected","tag-costs","tag-loss","tag-mount","tag-posts"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1917164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1917164"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1917164\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1917165"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1917164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1917164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1917164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}