Alaska Air pulls 2026 profit forecast amid fuel costs related uncertainty

Alaska Air drops flights as war-driven fuel costs bite

Alaska Air Group lost $193 million in the first three months of 2026 as it dealt with skyrocketing jet fuel prices due to the war in Iran.

Alaska Air pulls forecast as Iran-linked fuel surge hits margins | Honolulu Star-Advertiser

Alaska Air Group withdrew its full-year profit forecast on Monday after a sharp rise in jet fuel costs tied to the Iran war pressured margins and darkened the outlook for the rest of the year.

Alaska Air pulls 2026 profit forecast amid fuel costs related uncertainty

Fuel spike adds $600M as Alaska Air pulls its 2026 outlook

Revenue rose 5% to $3.3B as premium sales climbed 8%. Higher fuel costs drove a $193M loss; Alaska now sees about a $1 adjusted Q2 loss.