Alaska Airlines expects lower Q2 revenue due to demand

Alaska Airlines anticipates a weakened second-quarter revenue, potentially down by six percentage points, due to "softer demand." The airline's Q1 2025 results showed a net loss. The airline announced the forecast alongside its Q1 results, which included a net loss of over $160 million on $3 billion in revenue. Alaska cited economic uncertainty as the reason for not updating its full-year guidance. This news follows similar revisions from other airlines, reflecting a broader trend of decreased passenger bookings and economic uncertainty impacting the industry. Alaska expects to remain profitable in 2025.