Alaska Air falls after forecasting wider-than-expected Q4 loss

By Reuters News21:32 (UTC), 20 October 2026 Updated

** Shares of Alaska Air Group ALK.N fall more than 1% to $33.97 in extended trading

** Co forecasts a bigger-than-expected fourth-quarter loss as rising fuel costs continue to squeeze profits despite strong travel demand and higher fares

** It expects an adjusted loss of $2 to $2.50 per share for the quarter vs analysts' average estimate of a loss of $1.04 per share, according to data compiled by LSEG

** As of last close, stock down 31.7% YTD

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