Alaska Air Group Inc (LTS:0HC3)
$ 53.5336 1.5336 (2.95%) Market Cap: 6.67 Bil Enterprise Value: 10.31 Bil PE Ratio: 21.19 PB Ratio: 1.48 GF Score: 82/100
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Q2 2022 Alaska Air Group Inc Earnings Call Transcript

Jul 21, 2022 / 03:30PM GMT
Release Date Price: $43.21 (-0.32%)
Operator

Good morning, ladies and gentlemen, and welcome to the Alaska Air Group 2022 Second Quarter Earnings Call. (Operator Instructions) 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. - Controller & Principal Accounting Officer

Thank you, operator, and good morning. Thank you for joining us for our second 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 second quarter GAAP net income of $139 million. Excluding special items and mark-to-market fuel hedge adjustments, Air Group reported adjusted net income of $280 million. As a reminder, our

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