Alaska Air Reports Strong Q2 Revenue, Expands Flights Tokyo, Rome, Seoul

Alaska Air Group reported strong financial results for the second quarter of 2025, with total revenue rising nearly 28% year-over-year to $3.7 billion and adjusted earnings per share of $1.78, surpassing analyst expectations. Despite a decrease in net income compared to the previous year, the company beat earnings forecasts and demonstrated robust growth across multiple revenue streams, including a 5% increase in premium revenues and a 34% jump in cargo revenues. The integration of Hawaiian Airlines has notably improved operational and financial performance, contributing to an 11% increase in Hawaiian's adjusted pretax margin. Alaska Air Group is expanding its international footprint with the announcement of new nonstop flights to Tokyo, Seoul, and notably, its first transatlantic route from Seattle to Rome beginning in 2026. CEO Ben Minicucci emphasized confidence in the workforce and the successful execution of the Alaska Accelerate plan to ensure long-term growth, while the company remains optimistic about exceeding full-year earnings per share guidance of $3.25. Market analysts generally view Alaska Air Group as an outperforming stock with positive momentum, though risks such as valuation concerns and a recent cybersecurity incident warrant monitoring.