Alaska Sees Sharp Drop-Off In March Bookings Over COVID-19
Credit: Joe Pries
Alaska Airlines became the latest U.S. carrier to warn about the impact of the COVID-19 outbreak on its domestic operations, alerting investors that first-quarter (Q1) unit revenues will likely decline by 5% year-over-year (YOY) as a result of the crisis. In a Mar. 6 securities filing, the company...
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