Alaska Air Suspends 2026 Guidance as Fuel Costs Hit Industry

Alaska Air planes at Seattle-Tacoma International Airport (SEA) in Seattle, Washington.
Photographer: David Ryder/Bloomberg

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By Sri Taylor

April 20, 2026 at 9:16 PM UTC

Updated on

April 21, 2026 at 4:55 PM UTC

Alaska Air Group Inc. suspended its full-year profit guidance and forecast a deeper loss than Wall Street was expecting for the second quarter, as the US carrier grapples with rising fuel costs amid war in the Middle East.

“Until conditions stabilize and we have better sight to earnings beyond the current quarter, we have suspended full-year guidance,” the Seattle-based airline announced with its quarterly results.