Alaska Air Exec Says Expecting More Pressure On Unit Costs In Q3 Compared To Q1 And Q2
Portfolio Pulse from Benzinga Newsdesk
Alaska Air Group (ALK) executives have indicated that they expect increased pressure on unit costs in Q3 compared to Q1 and Q2, as discussed in a recent conference call.
July 18, 2024 | 3:54 pm
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Alaska Air Group (ALK) executives have indicated that they expect increased pressure on unit costs in Q3 compared to Q1 and Q2, as discussed in a recent conference call.
Increased unit costs typically signal higher operational expenses, which can negatively impact profit margins. This news is likely to put downward pressure on ALK's stock price in the short term.
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