Fuel Costs Wipe Out Alaska Airlines’ Profit — Nearly $500 Million in Losses

Surging fuel costs hit Alaska particularly hard this year. But the carrier is betting that it can turn its profitability around with higher travel demand — and even catch up to Delta and United.

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Frequently Asked Questions

What caused Alaska Airlines to report losses?

Surging fuel costs significantly impacted Alaska Airlines' profitability.

How much did Alaska Airlines lose?

The airline reported nearly $500 million in losses.

What is Alaska Airlines' plan to recover?

The carrier is betting on higher travel demand to turn profitability around.

Which airlines does Alaska Airlines aim to compete with?

Alaska Airlines aims to catch up to Delta and United.