ALASKA AIR GROUP

ALASKA AIR GROUP had net losses of $430m in 4Q20 (vs $181m profit in 4Q19) on 64% lower revenues, and $1.3b in 2020 (vs $769m profit in 2019) on 59% lower revenues, and ended year with $5.2 in total liqudity. Its daily cash burn is now at $4m.

Subscription Required

 

ALASKA AIR GROUP is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.