<p>Alaska Air Group Inc. stated that due to an IT system outage and flight restrictions implemented during the U.S. government shutdown disrupting the airline's operational network, it expects earnings per share for the final quarter of this year (fourth quarter) to be only 10 cents. Higher fuel costs and increased tax rates have also impacted its profit guidance. The airline's previous earnings per share forecast was 40 cents</p>

<p>Alaska Air Group lowers fourth-quarter profit guidance by 75%, attributing it to IT failures, flight restrictions, higher fuel costs, and tax rates. Earnings per share forecast is reduced from $0.40 to $0.10</p>

Alaska Air lowers fourth-quarter profit guidance by 75%, citing IT issues