Alaska Air Group Inc.
10/31/2024 | Press release | Distributed by Public on 10/31/2024 07:07
Alaska Air Group reports third quarter 2024 results
Summary
Alaska Air Group led the industry with a 13% pretax margin.
The acquisition of Hawaiian Airlines was completed and integration work is underway.
We're on track to finish the year strong and expect to be among the top 3 pre-tax margin producers in the industry for the full year.
Alaska Air Group (NYSE: ALK) today reported financial results for the third quarter ending September 30, 2024.
Air Group closed out a strong third quarter, generating GAAP pretax margins of 10.7% and earnings per share (EPS) of $1.84. On an adjusted basis, our pretax margin of 13.0% will lead the industry. Given Air Group's completed acquisition of Hawaiian Airlines on September 18, 2024, quarterly financial statements include approximately 13 days of Hawaiian Airlines results.