Cost ChallengesHigher than expected 3Q25 costs have resulted in earnings per share likely being at the low end of prior guidance.
Fuel PricesA well-known refinery fire in southern California has kept West coast jet fuel in an upward trend that is hurting ALK's 4Q25 EPS.
IT OutagesALK experienced another IT outage resulting in over 400 cancelled flights, which is expected to have around a $20M impact, roughly double the impact of a previous outage.