Alaska Air Group on Thursday reported a bigger-than-expected quarterly loss as higher expenses related to labor and fuel dented the carrier's margins.
An Alaska Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. REUTERS/Joshua Robertson Thursday reported a bigger-than-expected quarterly loss as higher expenses related to labor and fuel dented the carrier's margins.
As more people plan their travel after the pandemic kept them at home for a long period, airlines are struggling to capitalize on rising demand with limited capacity coupled with elevated cost pressures.
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