Alaska Air Group Maintains Q1 Guidance Despite Recent Volatility, Eyes Singapore Fuel Plan to Reduce West Coast Disadvantage

Alaska Air Group is maintaining its Q1 guidance despite recent volatility, citing strong demand. The company is addressing its West Coast fuel-cost disadvantage by tanker fuel from Singapore, aiming to save around $0.10/gal within two years. Alaska is also accelerating its share buyback plan and plans to grow its fleet to 500 aircraft by 2027-2030. The company aims to achieve investment-grade credit by 2027.