BA - Alaska Air Warns Boeing Fleet Grounding Incident To Hit 2024 Earnings By $150M | Benzinga
Alaska Air Group Inc (NYSE:ALK) reported fourth-quarter operating revenue of $2.55 billion, up 3% Y/Y, in-line with the consensus of $2.55 billion.
The company reported adjusted EPS of $0.30, down from $0.92 a year ago, beating the consensus estimate of $0.18.
Alaska said that it is preparing to complete the final inspections of all of its Boeing 737 MAX 9 planes and that the aircraft will return to service after the inspection has been completed and any findings resolved.
The company also initiated a thorough review of Boeing ...