Alaska Air forecasts strong profit on rebound in business travel

The airline, the operator of the Boeing plane that suffered a mid-air cabin blowout in January, also reported a smaller loss in the first quarter, despite a USD 162 million impact from the more-than-two-week grounding of its 737 MAX 9 aircraft. Alaska's shares were up about 5 per cent at USD 44.95 in morning trade.

Apr 19, 2024 - 01:30
Apr 19, 2024 - 20:54
Alaska Air forecasts strong profit on rebound in business travel

The airline, the operator of the Boeing plane that suffered a mid-air cabin blowout in January, also reported a smaller loss in the first quarter, despite a USD 162 million impact from the more-than-two-week grounding of its 737 MAX 9 aircraft. Alaska's shares were up about 5 per cent at USD 44.95 in morning trade.

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