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ATLANTA (AP) -- Alaska Air Group Inc., the parent of Alaska Airlines and Horizon Air, reports its first-quarter results before the stock market opens Thursday.
WHAT TO WATCH FOR: The carrier's low costs and largely domestic focus helped it weather the economic downturn and put it in a good position to capitalize on the ongoing rebound.
That should propel it to an adjusted first-quarter profit, while several of its larger rivals were expected to post losses.
Alaska Airlines saw its traffic increase 5.8 percent last month. Occupancy, or load factor, and capacity, as measured by available seat miles, also rose. Horizon Air also saw increases in all three categories in March.
The company has been working hard on improving customer service. In particular, it has improved on-time performance and announced new on-board amenities like Wi-Fi.
Alaska Airlines said in February that it would begin offering electronic boarding passes to passengers in several of the cities it serves. The company said the new service also would work on sister carrier Horizon Air.
WHY IT MATTERS: Together, Alaska Airlines and Horizon Air serve more than 90 cities through their network in Alaska, Hawaii, the continental U.S., Canada and Mexico. The parent company, based in Seattle, has a marketing alliance with Delta Air Lines. Based in Atlanta, Delta is the world's largest airline.
WHAT'S EXPECTED: Analysts surveyed by Thomson Reuters, who generally exclude one-time items from their estimates, expect Alaska Air Group to post a first-quarter profit of 35 cents a share on revenue of $816.4 million.
LAST YEAR'S QUARTER: For the first quarter of 2009, Alaska Air Group posted a loss of $19.2 million, or 53 cents a share, on revenue of $742.4 million.
WHAT TO WATCH FOR: The carrier's low costs and largely domestic focus helped it weather the economic downturn and put it in a good position to capitalize on the ongoing rebound.
That should propel it to an adjusted first-quarter profit, while several of its larger rivals were expected to post losses.
Alaska Airlines saw its traffic increase 5.8 percent last month. Occupancy, or load factor, and capacity, as measured by available seat miles, also rose. Horizon Air also saw increases in all three categories in March.
The company has been working hard on improving customer service. In particular, it has improved on-time performance and announced new on-board amenities like Wi-Fi.
Alaska Airlines said in February that it would begin offering electronic boarding passes to passengers in several of the cities it serves. The company said the new service also would work on sister carrier Horizon Air.
WHY IT MATTERS: Together, Alaska Airlines and Horizon Air serve more than 90 cities through their network in Alaska, Hawaii, the continental U.S., Canada and Mexico. The parent company, based in Seattle, has a marketing alliance with Delta Air Lines. Based in Atlanta, Delta is the world's largest airline.
WHAT'S EXPECTED: Analysts surveyed by Thomson Reuters, who generally exclude one-time items from their estimates, expect Alaska Air Group to post a first-quarter profit of 35 cents a share on revenue of $816.4 million.
LAST YEAR'S QUARTER: For the first quarter of 2009, Alaska Air Group posted a loss of $19.2 million, or 53 cents a share, on revenue of $742.4 million.
