Alaska Air Group Stock Rises as Hawaiian Airlines Acquisition Powers Results
1. Alaska Air reported Q4 EPS of $0.97, exceeding expectations significantly. 2. Operating revenue soared 38% year-over-year to $3.53 billion, driving growth. 3. Passenger revenue rose 37% to $3.18 billion, showcasing strong demand. 4. CEO speaks of transformational year, targeting $1 billion in additional profits. 5. Current quarter loss projected at $0.50 to $0.70 per share.