Alaska Air Q2 2021 Earnings Report
Key Takeaways
Alaska Air Group reported a GAAP net income of $397 million, or $3.15 per share, for the second quarter of 2021, compared to a net loss of $214 million, or $1.74 per share in the second quarter of 2020. Excluding certain adjustments, the adjusted net loss was $38 million, or $0.30 per share.
Reported GAAP net income of $397 million, or $3.15 per share, compared to a net loss of $214 million, or $1.74 per share in Q2 2020.
Excluding adjustments, the adjusted net loss was $38 million, or $0.30 per share, compared to an adjusted net loss of $439 million, or $3.57 per share in Q2 2020.
Held $4.0 billion in unrestricted cash and marketable securities as of June 30, 2021.
Generated $840 million in operating cash flow in the second quarter, inclusive of $489 million of PSP funding.
Alaska Air
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Alaska Air Revenue by Segment
Forward Guidance
No forward guidance was provided in the document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income