Alaska Air Group Reports Fourth Quarter 2025 Net Profit of $21 Million or $0.18 per Diluted Share

Alaska Air Group has reported a fourth quarter 2025 net profit on $21 million or 0.18 per diluted share on a year-over-year increase in revenue of 3.0 percent to $3.6 billion.

Alaska Air Group Reports Fourth Quarter and Full Year 2025 Financial Results - Courtesy Alaska Air Group

On Thursday (January 22, 2025), Alaska Air Group reported their fourth quarter and full year financial results for the period ending December 31, 2025.  The carrier reported a fourth quarter net profit of $21 million or $0.18 per diluted share on a year-over-year increase in revenue of 3.0 percent to $3.6 billion.  Alaska’s fourth quarter revenue per available seat mile (RASM) increased 0.6 percent versus the same period last year to 15.63 cents, while cost per available seat mile excluding fuel (CASM-ex) increased 1.3 percent to 11.72 cents.  For the full year 2025, Alaska reported a net profit of $100 million or $0.83 per diluted share on a year-over-year increase in revenue of 21 percent to $14.2 billion.

In Thursday’s announcement, Alaska Air Group’s CEO, Ben Minicucci, said,

“We feel momentum accelerating in 2026 as the Alaska-Hawaiian Airlines combination gains full strength.  The people across our airlines delivered through a transformational year that set us up to win: an expanding global network, premium travel experiences delivered with care, and Atmos Rewards elevating our 11-year streak as the No. 1 airline loyalty program.  Our model is positioned for where travelers are headed, and we’re ready to compete as one of four global U.S. airlines.”

Alaska Air Group's Fourth Quarter and Full Year 2025 Financial Results - Courtesy Alaska Air Group

During FY 2025 Alaska Air Group achieved single operating certificate for Hawaiian Airlines and Alaska Airlines.  In January 2026, Alaska also announced the largest fleet order in their history, including 105 Boeing 737-10 MAX aircraft, five 787 Dreamliners, and options for 35 additional 737-10 aircraft.  The order will expand the carrier’s fleet to 475 aircraft by 2030 and over 550 aircraft by 2035.  During the fourth quarter, Alaska took delivery of six 737-8 aircraft and one 787-9 aircraft. 

Alaska Airlines, Hawaiian Airlines and Horizon Air are subsidiaries of Alaska Air Group, with McGee Air Services a subsidiary of Alaska Airlines. With hubs in Seattle, Honolulu, Portland, Anchorage, Los Angeles, San Diego and San Francisco, the carrier delivers exceptional care as they fly their guests to over 140 destinations across North America, Latin America, Asia and the Pacific.  Alaska Airlines is a member of the oneworld Alliance with Hawaiian scheduled to join in 2026. With oneworld and our additional global partners, guests can earn and redeem miles for travel to over 1,000 worldwide destinations. Alaska Air Group is traded on the New York Stock Exchange (NYSE) under the symbol ‘ALK.’

Source: Alaska Air Group