Category Archives: Alaska Airlines

Alaska Airlines announces new plans to open Lounge at San Francisco International Airport by summer 2021

Alaska Airlines made this announcement:

Alaska Airlines guests will have the opportunity to relax in the new Alaska Lounge at San Francisco International Airport by late summer, as the airline announces updated plans for Bay Area travelers. Under this new plan, Alaska will move into the former American Airlines Admirals Club space in Terminal 2, enabling the airline to open a new lounge just as guests start to return to travel.

Alaska Airlines announces new plans to open Lounge at San Francisco International Airport by summer 2021
Note: Lounge design is subject to change from artistic renderings

The announcement comes as Alaska Airlines continues to expand its presence in the Bay Area. Alaska now operates more than 80 daily flights out of the Bay Area (including SFO, San Jose and Oakland) and has more than 1,700 Bay Area-based employees. In June, Alaska will begin service to Anchorage and Bozeman, Montana, from SFO. Other recent service announcements include:

  • Recently resumed service to Honolulu and Maui from SFO as of April 4
  • Resumed service to Los Cabos and Puerto Vallarta from SJC in early April
  • New service to Missoula, Mont., from SJC starting in May

When completed, this new lounge will be the second-largest of the Alaska Lounges at just under 10,000 sq. ft., behind Alaska’s flagship lounge in Seattle’s North Satellite Terminal. This space is also centrally located in Terminal 2, with easy access to additional dining and shopping options for guests. The Alaska Lounge at SFO joins seven other lounge locations in the Alaska Airlines portfolio, in Seattle; Portland, Oregon; Los Angeles; New York – JFK; and Anchorage.

The Lounge will include an espresso bar staffed by a trained barista, a full bar featuring complimentary local craft brews, West Coast wines and spirits and a wide selection of guest favorites like made-to-order pancakes, steel-cut oatmeal, fresh salads and hearty soups.

When it opens, Alaska expects the Lounge to create 30 jobs in the Bay Area. More details and timing will be announced over the coming months.

New Alaska Lounge membership pricing

In October 2021, Alaska Airlines will update its Lounge membership structure to give members more options and flexibility. Starting this fall, Alaska will offer two tiers for Lounge memberships: Alaska Lounge and Alaska Lounge Plus. With the standard Alaska Lounge membership, members will receive access to all Alaska Lounges they know and love when flying on any airline. With the optional addition of a Lounge Plus membership, members will also receive access to an extended network of partner airline lounges across the country when flying Alaska – including all American Airlines Admirals Clubs. Pricing will also be updated as follows, remaining as one of the best values for lounge membership in the industry:

  • Alaska Lounge membership: $450 annually ($350 for Alaska Airlines MVP, MVP Gold and MVP Gold 75k members)
  • Alaska Lounge Plus membership: $600 annually ($500 for Alaska Airlines MVP, MVP Gold and MVP Gold 75k members)
  • New Lounge membership enrollments and renewals made before Alaska’s two-tier structure goes into effect in October will be grandfathered into an Alaska Lounge Plus membership for the year.

 

Boeing and Alaska Airlines finalize order for 737 MAX jets

Boeing and Alaska Airlines have announced the companies have completed an agreement for 23 737-9 airplanes and 15 options. With this agreement, the carrier’s 737 MAX order book, including options and lease commitments, stands at 120 airplanes.

This deal was first announced in December 2020 as a commitment and will be reflected on Boeing’s Orders & Deliveries website.

Alaska Airlines received its first Boeing 737-9 in January and began revenue service on March 1. Its second 737-9 entered service on March 18, with two additional 737-9s scheduled to begin revenue service next week.

Delivered on January 24, 2021

Copyright Photo: Alaska Airlines Boeing 737-9 MAX 9 N913AK (msn 44079) LAX (Michael B. Ing). Image: 953062.

The airline is embarking on a fleet modernization program to further improve the efficiency and sustainability of its operations. The 737-9 – equipped with new, more fuel-efficient engines and improved aerodynamics – will use 20% less fuel and reduce emissions by 20% per seat compared to airplanes it replaces.

Alaska Airlines aircraft slide show:

Alaska Airlines officially joins oneworld

Alaska Airlines has made this announcement:

Marking a milestone in its 89-year history, Alaska Airlines today (March 31) celebrated its first day as a member of oneworld. Alaska becomes the 14th full member of the global alliance, just eight months after receiving a formal invitation from oneworld in July 2020.

N487AS is the first to wear the oneworld livery at AS.

With safety protocols in place due to the pandemic, Alaska and oneworld hosted a virtual celebration and news conference today in Seattle, the airline’s hometown. Fellow airline members from around the world welcomed Alaska to the alliance with video greetings and provided versions of employees performing the Alaska Safety Dance (see below), briefly renamed the Global Safety Dance.

Effective today, all Alaska Mileage Plan members can earn miles when they fly any of the other 13 member airlines. Mileage redemption for flights on airlines that Alaska did not have previous partnerships with will occur in the coming months.

The 14 full members of oneworld are: Alaska Airlines; American Airlines; British Airways; Cathay Pacific Airways; Finnair; Iberia; Japan Airlines; Malaysia Airlines; Qantas; Qatar Airways; Royal Air Maroc; Royal Jordanian; S7 Airlines and SriLankan Airlines. Fiji Airways is a oneworld connect partner offering select alliance benefits to frequent flyers from any oneworld member airline traveling on their flights.

Video:

In other news from Horizon Air:

Alaska Airlines adds new nonstop from Anchorage to Minneapolis-St. Paul

Alaska Airlines announced today new seasonal service at one of the airline’s key hubs in Alaska with new nonstop service between Anchorage and Minneapolis-St. Paul. This additional nonstop flight means Alaska Airlines will provide the most nonstops from the state of Alaska than any other carrier.

The new service to the Land of 10,000 Lakes is in addition to the newly added nonstop service between Anchorage and Las Vegas, Denver and San Francisco, along with the expansion of year-round service to sunny Phoenix and Maui.

Start Date End Date City Pair Frequency Aircraft
June 19, 2021 Aug 15, 2021 Anchorage – Minn.- St. Paul Sat, Sun 737

This summer, Alaska will fly nonstop to 11 destinations between Anchorage and the Lower 48 and Hawaii including: Minneapolis-St. Paul; Chicago; Denver; Honolulu; Maui; Las Vegas; Los Angeles; Phoenix; Portland, Oregon; San Francisco and Seattle. Four of the cities on the West Coast are also Alaska hubs, which allow for improved connectivity for guests traveling to other locations.

Alaska Airlines aircraft photo gallery:

Alaska Airlines aircraft slide show:

Alaska Airlines expands Pacific Northwest service with four new routes

Alaska Airlines has made this announcement:

With an eye on recovery and growth, Alaska Airlines continues to strengthen its Pacific Northwest connections with the announcement today of four new routes, which includes linking Boise to Chicago O’Hare and Austin and two new destinations from Seattle/Tacoma.

On June 17, 2021 Alaska will begin daily nonstop service between Boise and Chicago, and between Boise and Austin. Both routes will be flown year-round with Horizon Air’s Embraer 175 jet and its three-class cabin. With these new flights, Alaska will have 28 daily departures to 12 cities from Boise this year.

The flights between Idaho’s largest city to the Windy City will allow Alaska’s guests to connect to American Airlines’ domestic and international network. With Alaska joining American in the oneworld alliance on March 31, guests can expect a seamless travel experience.

Two new destinations are coming to Alaska’s schedule this summer: Idaho Falls, Idaho, and Redding, California. Both locations offer excellent outdoor opportunities, especially this summer as more and more travelers search for open spaces to spread their wings. Idaho Falls is the western gateway to Yellowstone and Grand Teton National Parks, and Redding in Northern California provides easy access to Mt. Shasta and the Redwoods.

The year-round service will connect both Idaho Falls and Redding to Seattle/Tacoma on Horizon’s Q400 turboprop aircraft starting on June 17. Idaho Falls currently does not have a year-round flight to any West Coast airport, and this new service will be the only nonstop flight between Seattle/Tacoma and Redding.

Start Date City Pair Frequency Aircraft
 June 17, 2021 Boise – Chicago O’Hare Daily E175
 June 17, 2021 Boise – Austin Daily E175
 June 17, 2021 Seattle – Idaho Falls Daily Q400
 June 17, 2021 Seattle – Redding Daily Q400

The new departures from Boise will be on the E175 aircraft.

Alaska to add 4 new routes from California to Montana this summer

Alaska Airlines today announced four new routes between California and Montana for the summer, increasing total jet service to seven nonstop routes between the two states.

The newest “Sun and Fun” additions will connect Los Angeles and San Diego with Kalispell, Montana, and connect San Diego and San Francisco with Bozeman, Montana. The Los Angeles and San Diego flights start May 20, and the San Francisco flight starts June 17. They’ll operate through Sept. 7.

This added summer flying builds on year-round service on three nonstop routes that connect San Diego with Missoula, Montana, and connect Los Angeles with Bozeman and Missoula.

The new routes will be served by the Embraer 175 jet, a jet aircraft with only window and aisle seating – no middle seats. On all the new routes, guests will enjoy award-winning service in a three-class cabin that includes First Class and Premium Class; Most Free Movies in the Sky with hundreds of movies and TV shows available for viewing on personal devices; free texting on most flights; and Wi-Fi connectivity for purchase.

Kalispell’s Glacier Park International Airport is in northwest Montana’s Flathead Valley, which encompasses the gateway to Glacier National Park, Whitefish Mountain Resort and Flathead Lake — the largest freshwater lake west of the Mississippi River.

Bozeman Yellowstone International Airport is the definition of “Big Sky Country” and about 90 miles north of Yellowstone National Park. Surrounded by mountains and rivers, Bozeman offers fishermen and hikers an abundance of options. Fly fish for trout on the GallatinYellowstone, and Missouri Rivers. Follow Highway 191 for views of snow-capped mountains in Gallatin Canyon.

Global reach: With the oneworld alliance and Alaska’s Global Partners, Alaska’s guests can connect at gateway airports on the West Coast – such as Los Angeles and San Francisco – to fly to more than 900 destinations around the world. Flyers can also earn and redeem miles with the airline’s highly-acclaimed Mileage Plan program.

Alaska Airlines serves six cities in Montana: Billings, BozemanGreat FallsHelenaKalispell and Missoula.

Alaska Airlines serves 15 cities in California: Burbank, FresnoLos AngelesMontereyOakland, OntarioOrange CountyPalm SpringsSacramentoSan DiegoSan FranciscoSan JoseSan Luis ObispoSanta Barbara and Sonoma.

Alaska Airlines inaugurates Boeing 737-9 MAX service

Alaska Airlines on March 1, 2021 inaugurated Boeing 737-9 MAX 9 into revenue service from the Seattle/Tacoma hub to San Diego.

Besides this route, Alaska Airlines will initially operate the new 737-9 MAX 9 between Seattle/Tacoma and Los Angeles.

Alaska’s second 737-9 MAX is expected to start service later in March.

Alaska Airlines commented on its plans to inaugurate the new type:

Teams from across various divisions at Alaska will now follow a strict readiness timeline that guides the actions that must be taken before the start of passenger flights. The process – involving rigorous rounds of test flying, verifying and specific preparations – will take five weeks:

  • Maintenance technicians will undergo training to become even more acquainted with the new aircraft. They will receive at least 40 hours of “differences training,” which distinguishes the variations between the new MAX and the airline’s existing 737 NG fleet. Certain technicians will receive up to 40 additional hours of specialized training focused on the plane’s engines and avionics systems.
  • Alaska’s pilots will put the 737-9 through its paces, flying it more than 50 flight hours and roughly 19,000 miles around the country, including to Alaska and Hawaii. These “proving flights” are conducted to confirm our safety assessments and those of the Federal Aviation Administration (FAA), and to ensure a full understanding of the plane’s capabilities in different climates and terrain.
  • Our pilots will receive eight hours of MAX-specific, computer-based training prior to flying the aircraft over the course of two days, which includes at least two hours of training in Alaska’s own certified, state-of-the-art MAX flight simulator. That’s where they fly several maneuvers specific to the aircraft and better understand the improvements that have been made to the plane.

Alaska announced a restructured order agreement with Boeing in December 2020 to receive a total of 68 737-9 MAX aircraft in the next four years, with options for an additional 52 planes. The airline is scheduled to receive 13 planes this year; 30 in 2022; 13 in 2023; and 12 in 2024. The agreement incorporates Alaska’s announcement last November to lease 13 737-9 aircraft as part of a separate transaction.

These 68 aircraft will largely replace Alaska’s Airbus fleet.

First MAX 9 for Alaska Airlines, in service March 1, 2021 SEA-SAN

Above Copyright Photo: Alaska Airlines Boeing 737-9 MAX 9 N915AK (msn 44080) PAE (Nick Dean). Image: 947423.

Video:

Alaska Airlines aircraft slide show (Current livery, Boeing):

Expect air travel delays today in the USA – 150 million Americans under winter storm warnings

If you are traveling today by air in the United States, expect delays in many parts.

For airline managers attempting to maintain their schedules, today will be a major challenge just yesterday. Besides snow, ice and rain, severe low temperatures are also affecting airline operations in the central part of the USA all the way down to Texas.

The National Weather Service issued this warning:

Over 150 million Americans are currently under Winter Storm Warnings, Ice Storm Warnings, Winter Storm Watches, or Winter Weather Advisories as impactful winter weather takes shape from coast-to-coast…

…Major winter storm to spread heavy snow and significant ice accumulations from the Plains to the Northeast…

…Frigid Arctic air and dangerously cold wind chills to persist in the Heartland into next week…

There are no shortage of winter weather hazards across the Lower 48 over the next couple days. An Arctic high pressure system supplying sub-freezing temperatures is working in tandem with an active storm track to generate a large swath of accumulating snowfall and treacherous ice accumulations. Icy conditions look to linger around the Mid-Atlantic Sunday morning but should improve throughout the day. While conditions improve in the Mid-Atlantic, conditions will deteriorate throughout the day in the southern Plains and Lower Mississippi Valley as an upper-level trough in the Southwest spawns a major winter storm over the South Central U.S. The footprint from this winter storm is so large that parts of South Texas are under Winter Storm Watches for the first time in a decade.

Periods of snow, falling heavily at times, will be common from New Mexico to the Mississippi Valley today with the heaviest accumulations likely to occur in central Oklahoma and the Sacramento Mountains of New Mexico. In addition to the snow, significant ice accumulations are forecast from the Texas coast to the Tennessee Valley from Sunday afternoon into Monday. The worst ice-related impacts occur on Monday as a low pressure system gathers strength in the Gulf of Mexico. The swath of accumulating ice on Monday is impressive, stretching from south Texas to the northern Mid-Atlantic. Heavy snow on Monday will also blanket much of the Lower Mississippi, the Ohio Valley, into the Northeast. The forecast through early Tuesday morning calls for 8 to 12 inches in central Oklahoma with locally higher amounts possible. An area of 4 to 8 inches of snow looks to extend from east Texas and the Ohio Valley to the Northeast. Substantial ice accumulations of up to a half inch are possible from the Lower Mississippi Valley to the Tennessee Valley leading to dangerous travel conditions, numerous power outages, and extensive tree damage.

Wintry weather is also on tap in the Northwest and Intermountain West as another Pacific storm system ushers in more Pacific moisture to these regions. Lighter accumulations are anticipated in the lower elevations, but the mountainous terrain will receive the heaviest totals. Through Monday night, the Cascades are likely to receive the most snowfall with accumulations being measured in feet in the highest elevations. Snowfall over a foot is likely from the Bitterroots of Idaho and Tetons of western Wyoming to the Wasatch and central Rockies. Winter Storm Warnings, Winter Storm Watches, and Winter Weather Advisories are located across most of these areas, along with some ongoing Avalanche Warnings that are in effect through Sunday evening.

Radar:

The aforementioned Arctic high pressure system looks to maintain a strong grip over the Nation’s Heartland, causing many areas east of the Rockies and west of the Appalachians to witness dangerous and record-breaking cold into the first half of the upcoming week. The north-central U.S. should once again see sub-zero high temps on Sunday, with single digit highs stretching as far south as the Texas Panhandle. Low temperatures are forecast to be range between -20 to -30 degrees across the Northern Plains and Upper Midwest. Gusty winds throughout much of the Plains and Midwest continue to foster life-threatening wind chills between -30 to -60 in the north-central CONUS. Wind Chill Advisories extend as far south as the Southern Plains and as far east as the Ohio Valley. Hundreds of daily low maximum and minimum temperatures will be broken with some February and even all-time low temperature records in jeopardy. Daily temperature anomalies in the Southern Plains both Sunday and Monday are likely to range from 25 to 40 degrees below normal.

American Airlines issued this statement:

American is closely monitoring Winter Storms Shirley and Uri impacting the mid-Atlantic and Central U.S. The safety of our customers and team members is the airline’s number one priority, and the team will remain in contact with those impacted by these harsh winter storms.

American issued travel alerts for 34 airports in seven states and Washington, D.C., allowing customers whose travel plans are impacted by these storms to rebook without change fees. Customers can reschedule their travel on aa.com or by contacting Reservations at 800-433-7300 in the U.S. or Canada. If a customer chooses not to fly to/from an airport covered by the current waivers, American will waive change fees for future travel.

For Alaska Airlines, a snowstorm impacted their SEA hub. Operations are beginning to resume. From the Alaska Airlines blog:

Major snowstorms impacting Seattle and Portland

As of 12:15 p.m. Pacific time February 13, Alaska Airlines canceled around 400 flights due to winter weather in the Pacific Northwest.

 

Alaska Airlines offers international fliers VeriFLY mobile health passport for required COVID docs

International guests arriving in the U.S. can streamline their required COVID-19 documents starting Feb. 5 using the third-party app VeriFLY.

Alaska Airlines made this announcement:

International guests arriving in the U.S. can streamline their required COVID-19 documents starting Feb. 5 using the third-party app VeriFLY. The free and secure app offers fliers expedited check-in and verification for their arrival to the U.S., to help give confidence that they meet the entry requirements for their arrival to the U.S.

Why the need?

In early January, the Centers for Disease Control (CDC) and Prevention announced an order requiring international airline passengers entering the U.S. to have proof of a negative COVID test.  The order explains that the test must be taken within three days of departure to the U.S., and that fliers must complete a health attestation form.

VeriFLY is a mobile app that acts as a digital health passport to supplement the guest travel journey as they fulfill U.S. entry requirements. Similar to Alaska Airlines’ Pre-Clear program, the app allows for real-time verification of COVID-related credentials, like health questionnaires and diagnostic lab results. Guests will be able to store proof of their negative COVID test, or documentation of having recovered from COVID-19, in addition to their health attestation form in the app to help optimize the document verification process and get them on their way.

Although proof of a negative COVID test is mandatory for travelers to enter into the country, usage of VeriFLY is not. Alaska Airlines guests will have the option to use the app for faster verification but will still be obligated to present the essential health documents as required by the CDC’s order regardless.

VeriFLY will be limited to one person per mobile device and requires an internet/mobile data connection to acquire/access passes and credentials. Adults must attest on behalf of those under the age of 18, so minors are not eligible for VeriFLY.

How does the app work?

  1. Download and create a user profile
    First, the guest must download VeriFLY from the App Store or Google Play at least seven hours prior to departure, preferably as early as possible prior to departure, then register a user profile with a photo. This step will also require email authentication.
  2. Browse and add destination
    Then, guests will need to browse the app to select the country of destination and add their inbound flight details.
  3. Complete and upload documents
    Once the profile is set up and the flight information has been confirmed, the app will generate a pre-travel “to-do” list with the necessary requirements for the country (in this case, the app will display all of the mandatory items needed for entry into the U.S. based on the CDC’s order.) Here, the guest will upload their required health documents and complete the attestation form.
  4. Receive travel pass verification
    After all documents have been uploaded, VeriFLY may take up to six hours to validate that the guest’s information is correct and confirmed. If the guest’s VeriFLY information cannot be confirmed, the guest will need to follow the manual process in adherence to the CDC’s rule.
  5. Present verified profile at the airport
    At the airport, the guest must present their certified VeriFLY profile to an Alaska Airlines agent (first point of contact). Once the guest’s information is validated, the guest can continue normal check-in without additional test verification. Upon arrival to the country, no other VeriFLY processes will be in place. The guest will be subject to the standard U.S. port of entry’s arrival procedure.

Alaska Airlines is exploring using this app in other markets that have entry requirements. Learn more about the CDC requirement at https://www.cdc.gov and VeriFLY at www.myverifly.com.

Alaska Airlines aircraft photo gallery (Boeing):

Alaska Airlines aircraft slide show (Boeing):

 

Alaska Air Group reports fourth quarter 2020 and full-year results

Alaska Air Group has released its 4Q and 2020 financial results:

Financial Results:

  • Reported net loss for the fourth quarter and full year 2020 under Generally Accepted Accounting Principles (GAAP) of $430 million, or $3.47 per diluted share, and $1.3 billion, or $10.59 per diluted share. These results compare to fourth quarter 2019 net income of $181 million, or $1.46 per diluted share, and full year 2019 net income of $769 million, or $6.19 per diluted share.
  • Reported adjusted net loss for the fourth quarter and full year 2020, excluding payroll support program wage offsets, special items, and mark-to-market fuel hedging adjustments, of $316 million, or $2.55 per diluted share, and $1.3 billion, or $10.17 per diluted share. These results compare to fourth quarter 2019 adjusted net income of $181 million, or $1.46 per diluted share, and full year 2019 adjusted net income of $798 million, or $6.42 per diluted share.
  • Reported adjusted net debt of $1.7 billion, flat from December 2019 despite a 59% decline in operating revenues for the year.
  • Reported a debt-to-capitalization ratio, including certain short-term borrowings, of 61%.
  • Held $3.3 billion in unrestricted cash and marketable securities as of Dec. 31, 2020.

Liquidity and Fleet Updates:

  • Accessed approximately $5 billion in new liquidity in 2020, including $1.2 billion raised in the capital markets and approximately $600 million in bank financing.
  • Reached an agreement with the U.S. Treasury in January 2021 to receive an extension of payroll support totaling $533 million, $266 million of which was received on Jan. 15, 2021.
  • Extended the period available to draw funds under the CARES Act loan program from March 26, 2021 to May 28, 2021.
  • Announced plans to expand the mainline fleet and restructure the existing aircraft purchase agreement with Boeing. In total, Air Group will take delivery of 68 737-9 MAX aircraft between 2021 and 2024, inclusive of 32 previous purchase commitments and 13 aircraft to be leased from Air Lease Corporation. https://twitter.com/AlaskaAir/status/1341466170688466945?s=20
  • Took delivery of Alaska’s first 737-9 MAX aircraft on January 24, 2021, which is expected to enter revenue service on March 1, 2021.
  • Permanently removed an additional 20 Airbus A320 aircraft from the fleet in the fourth quarter, resulting in 40 Airbus aircraft removed in 2020. A total of 31 Airbus aircraft remain in the operating fleet as of the end of the year.
  • Held $3.4 billion in cash and marketable securities as of Jan. 22, 2021, and total liquidity of $5.2 billion.

Operational and Guest Safety Updates

  • Announced seven new routes in the fourth quarter, including three “fun and sun” destinations connecting Anchorage to Las Vegas, Denver and San Francisco, and expanded service from Southern California to Austin and New York.
  • Eliminated change fees and extended the flexible travel policy for tickets purchased through March 31, 2021.
  • Implemented Next-Level Care initiative, which includes more than 100 measures designed to create a safe experience for guests and employees.
  • Named the safest U.S. airline by AirlineRatings.com in their annual Top 20 Safest Airline report.
  • Launched the West Coast International Alliance with American Airlines on Jan. 1, 2021, which will unlock new benefits for Alaska Mileage Plan members in the spring.
  • Partnered with healthcare providers to offer rapid and standardized COVID-19 testing for those guests traveling to destinations that require a negative result.
  • Received diamond level certification from the Airline Passenger Experience Association for the health and safety standards Alaska and Horizon Air implemented to keep guests safe throughout their journey.
  • Launched pre-clearance program for guests traveling to the Hawaiian Islands from the West Coast with an approved negative COVID-19 test.
  • Announced a partnership with Microsoft to use sustainable aviation fuel to offset the environmental impact of certain business air travel.
  • Announced oneworld benefits for elite Mileage Plan members, providing tier status in the global alliance to Alaska’s elite members, as the company works toward joining oneworld on March 31, 2021.

Alaska Air Group Inc. today reported a fourth quarter 2020 GAAP net loss of $430 million, or $3.47 per diluted share, compared to net income of $181 million, or $1.46 per diluted share in 2019. Excluding the impact of payroll support program wage offsets, special items and mark-to-market fuel hedge adjustments, the company reported a fourth quarter adjusted net loss of $316 million, or $2.55 per diluted share, compared to adjusted net income of $181 million, or $1.46 per diluted share in the fourth quarter of 2019.

The company reported a full-year 2020 GAAP net loss of $1.3 billion, compared to net income of $769 million in the prior year. Excluding the impact of payroll support program wage offsets, special items and mark-to-market fuel hedge adjustments, the company reported an adjusted net loss of $1.3 billion, or $10.17 per diluted share for 2020, compared to adjusted net income of $798 million, or $6.42 per diluted share in 2019.

“We are not out of the woods, but we are seeing signs of brighter days ahead,” said Air Group CEO Brad Tilden. “The people of Alaska and Horizon have really shown their grit over the past year, and the rest of the leadership team and I could not be more proud of them. We’re positioned to come out of this crisis with our balance sheet unimpaired and our competitive advantages intact, and both of these set us up for a strong future and a long runway for growth.”