Alaska Air Group Withdraws 2026 Profit Forecast Due to Rising Fuel Costs
Alaska Air Group has withdrawn its 2026 profit forecast due to rising jet fuel costs linked to the Iran war and its impact on global oil supplies. The surge in fuel prices, which have nearly doubled since the conflict began, is squeezing airline margins and creating uncertainty for the industry. Alaska had previously projected a profit per share of $3.50 to $6.50 for 2026.
Tickers: $ALK
Topics: airline industry Alaska Air Group global oil supply Iran war jet fuel costs