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Alaska Airlines warns of slower demand as second-quarter profit outlook falls short - TL;DR CNBC

Alaska Airlines warns of slower demand as second-quarter profit outlook falls short

Publishing timestamp: 2025-04-23 21:26:53


Summary

Alaska Airlines expects a six-percentage-point hit to revenue in the second quarter due to softer travel demand, leading to lower earnings. The company will not update its full-year forecast due to economic uncertainty and volatility, but still expects to remain profitable in 2025.


Sentiment: NEGATIVE

Tickers: ALK

Keywords: business newslifebreaking news: economytransportationairlinestravelaerospace and defense industryalaska air group incbreaking news: businessbreaking news: marketsbusinesseconomymarketsalaskaearnings

Source: https://www.cnbc.com/2025/04/23/alaska-air-alk-1q-2025-earnings.html


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