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Dec 31, 2020
Alaska Air Q4 2020 Earnings Report
Alaska Air Group reported a net loss for Q4 2020 due to the impact of the COVID-19 pandemic on passenger demand, but is positioned for a strong future.
Key Takeaways
Alaska Air Group reported a net loss of $430 million, or $3.47 per diluted share, for the fourth quarter of 2020, compared to net income of $181 million, or $1.46 per diluted share, in 2019. The adjusted net loss for the fourth quarter was $316 million, or $2.55 per diluted share. The company accessed approximately $5 billion in new liquidity in 2020 and held $3.3 billion in unrestricted cash and marketable securities as of December 31, 2020.
Reported a GAAP net loss of $430 million, or $3.47 per diluted share, for Q4 2020.
Reported an adjusted net loss of $316 million, or $2.55 per diluted share, excluding certain items.
Accessed approximately $5 billion in new liquidity in 2020.
Held $3.3 billion in unrestricted cash and marketable securities as of December 31, 2020.
Alaska Air
Alaska Air
Alaska Air Revenue by Segment
Revenue by Segment
Cargo Revenue
CapyFin.com Forward Guidance
The report does not contain forward guidance.