Alaska Air Group Inc (LTS:0HC3)
$ 60.84 7.23 (13.49%) Market Cap: 7.78 Bil Enterprise Value: 11.42 Bil PE Ratio: 24.71 PB Ratio: 1.73 GF Score: 81/100
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Q1 2022 Alaska Air Group Inc Earnings Call Transcript

Apr 21, 2022 / 03:30PM GMT
Release Date Price: $60.09 (+3.31%)
Operator

Good morning. My name is Charlie, and I will be your conference operator today. At this time, I would like to welcome everyone to the Alaska Air Group's 2022 First Quarter Earnings Release Conference Call. Today's call is being recorded and will be accessible for future playback at alaskaair.com. (Operator Instructions)

I would now like to turn the call over to Alaska Air Group's Vice President of Finance, Emily Halverson.

Emily Halverson
Alaska Air Group, Inc. - VP Finance & Controller

Thank you, operator, and good morning. Thank you for joining us for our First Quarter 2022 Earnings Call. This morning, we issued our earnings release, which is available at investor.alaskaair.com. On today's call, you'll hear updates from Ben, Andrew and Shane. Several others of our management team are also on the line to answer your questions during the Q&A portion of the call.

This morning, Air Group reported a first quarter GAAP net loss of $143 million. Excluding special items and mark-to-market fuel hedge adjustments, Air Group reported an

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