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Alaska Air | 10-Q: Q3 2024 Earnings Report

Alaska Air | 10-Q: Q3 2024 Earnings Report

阿拉斯加航空 | 10-Q:2024財年三季報
美股SEC公告 ·  2024/11/09 02:16

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Alaska Air Group reported a robust Q3 2024 performance with net income surging to $236 million, or $1.84 per share, up from $139 million in Q3 2023. Total operating revenue increased 8% to $3.07 billion, including $95 million contribution from newly acquired Hawaiian Airlines. Passenger revenue grew 8% to $2.82 billion, while cargo and other revenue rose 29% to $80 million.The company's operating expenses increased 4% to $2.73 billion, though fuel costs decreased 10% to $624 million due to lower refining margins. Non-fuel operating expenses, excluding special items, rose 14% to $2.03 billion, primarily driven by higher wages, variable incentive pay, and the incorporation of Hawaiian Airlines' operations since September 18.Looking ahead, Alaska Air expects Q4 capacity to increase 1.5% to 2.5% versus 2023, with RASM projected to grow mid-single digits. The company maintains a strong liquidity position with $2.5 billion in cash and marketable securities, while successfully completing a $2 billion debt refinancing post-quarter end that is expected to save approximately $30 million in annualized interest costs.
Alaska Air Group reported a robust Q3 2024 performance with net income surging to $236 million, or $1.84 per share, up from $139 million in Q3 2023. Total operating revenue increased 8% to $3.07 billion, including $95 million contribution from newly acquired Hawaiian Airlines. Passenger revenue grew 8% to $2.82 billion, while cargo and other revenue rose 29% to $80 million.The company's operating expenses increased 4% to $2.73 billion, though fuel costs decreased 10% to $624 million due to lower refining margins. Non-fuel operating expenses, excluding special items, rose 14% to $2.03 billion, primarily driven by higher wages, variable incentive pay, and the incorporation of Hawaiian Airlines' operations since September 18.Looking ahead, Alaska Air expects Q4 capacity to increase 1.5% to 2.5% versus 2023, with RASM projected to grow mid-single digits. The company maintains a strong liquidity position with $2.5 billion in cash and marketable securities, while successfully completing a $2 billion debt refinancing post-quarter end that is expected to save approximately $30 million in annualized interest costs.
阿拉斯加航空集團報告了2024年第三季度強勁的業績,凈利潤激增至23600萬美元,或每股1.84美元,較2023年第三季度的13900萬美元有所上升。總營業收入增加了8%,達到30.7億美元,其中包括新收購的夏威夷航空貢獻的9500萬美元。乘客收入增長8%,達28.2億美元,而貨運和其他收入則增長了29%,達到8000萬美元。公司的營業費用增加了4%,達到27.3億美元,儘管由於精煉利潤下降,燃料成本降低了10%,降至62400萬美元。非燃料營業費用(不包括特別項目)增長了14%,達到20.3億美元,主要受到工資增長、變量激勵薪酬以及自9月18日起納入夏威夷航空運營的推動。展望未來,阿拉斯加航空預計第四季度的運力將比2023年增長1.5%到2.5%,並預計RASm中單位增長。公司保持了強勁的流動性,現金和可交易證券達25億美元,同時在季度末成功完成了20億美元的債務再融資,預計每年可節省約3000萬美元的利息成本。
阿拉斯加航空集團報告了2024年第三季度強勁的業績,凈利潤激增至23600萬美元,或每股1.84美元,較2023年第三季度的13900萬美元有所上升。總營業收入增加了8%,達到30.7億美元,其中包括新收購的夏威夷航空貢獻的9500萬美元。乘客收入增長8%,達28.2億美元,而貨運和其他收入則增長了29%,達到8000萬美元。公司的營業費用增加了4%,達到27.3億美元,儘管由於精煉利潤下降,燃料成本降低了10%,降至62400萬美元。非燃料營業費用(不包括特別項目)增長了14%,達到20.3億美元,主要受到工資增長、變量激勵薪酬以及自9月18日起納入夏威夷航空運營的推動。展望未來,阿拉斯加航空預計第四季度的運力將比2023年增長1.5%到2.5%,並預計RASm中單位增長。公司保持了強勁的流動性,現金和可交易證券達25億美元,同時在季度末成功完成了20億美元的債務再融資,預計每年可節省約3000萬美元的利息成本。
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