Alaska Airlines has reported a strong profit for the second quarter of the year, as the airline continues to press on with Summer popularity.
The airline has been working hard to ensure strong profitability quarter on quarter and is performing better than last year.
Without further ado, let’s get into it…
Alaska Airlines’ Strong Profit…
Under the GAAP metrics that Alaska Airlines uses for financial reporting, the airline reported a $240 million net income for the second quarter of this year.
Around $2.8bn worth of revenue was recorded by the airline and has been able to receive eight Boeing 737 MAX 9 aircraft and six Embraer E175s.
The carrier has also been able to announce new routes to Nassau from Seattle and Los Angeles and Guatemala City from Los Angeles.
Alaska has also been able to launch partnerships with the likes of STARLUX Airlines, offering further connectivity globally.
Commenting on these highlights was CEO Ben Minicucci:
“People are hungry to travel, and our frontline employees are delivering the safe, reliable, and caring experience that people expect when they fly with us”.
“I’m so proud of our team for knocking it out of the park and delivering industry-leading operational and financial outcomes.”
“We chose to prioritize reliability, which is imperative to restoring stability, improving predictability for our guests and employees, capturing record revenue, and serving as the foundation for our long-term profitable growth.”
What remains clear is that Alaska Airlines is performing well and looks set to continue this going into the third quarter of this year.
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