Alaska Air Group Cuts Q4 Earnings Outlook on IT Outage, Shutdown Impact

fidelity
2025.12.03 22:45
portai
I'm PortAI, I can summarize articles.

Alaska Air Group has reduced its Q4 earnings guidance from $0.40 to $0.10 per share due to an IT outage and the US government shutdown, which led to 600 flight cancellations. Analysts had expected $0.19. The company's shares fell 1.2% in after-hours trading.