Alaska Air reports Q4 adjusted EPS 97c, consensus 47c

Reports Q4 revenue $3.534B, consensus $3.5B. “This was a transformational year as we brought Hawaiian Airlines into Alaska Air (ALK) Group and began our journey to unlock $1 billion in incremental pretax profit over the next three years,” said CEO Ben Minicucci. “We’re proud that our incentive plan will reward Alaska Airlines and Horizon Air employees with nearly six weeks of pay, which we believe will lead the industry. Looking forward, our vision is clear and we’re focused on executing our strategic plan – leveraging the strengths of our combined network, enhancing the end-to-end travel experience for our guests, and delivering value for everyone who depends on us.”