---
schema_version: "secwatch.filing_event.v1"
accession: "0000766421-24-000080"
form_type: "8-K"
ticker: "ALK"
cik: "0000766421"
company_name: "ALASKA AIR GROUP, INC."
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:49:07.396274+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Alaska Air Q3 adj EPS $2.25 beats guidance; Hawaiian acquisition closed; $2B Mileage Plan financing

## Summary
- Q3 GAAP EPS $1.84, adjusted EPS $2.25 vs guidance $1.40-$1.60; revenue RASM up 1.3%.
- Completed acquisition of Hawaiian Airlines on Sept 18; includes 13 days of results in Q3.
- Raised $2B in debt via Mileage Plan; used $1.4B to repay higher-cost debt, ~$30M annual interest savings.
- Q4 guidance: adj EPS $0.20-$0.40, RASM up mid-single digits, CASMex up high single digits.
- Liquidity $3.4B; debt to cap 58%, net leverage 2.4x after October refinancing.

## SEC filing metadata
- accession: 0000766421-24-000080
- form_type: 8-K
- ticker: ALK
- cik: 0000766421
- company_name: ALASKA AIR GROUP, INC.
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766421/000076642124000080/0000766421-24-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766421/000076642124000080/alk-20241031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000766421-24-000080
- JSON: https://secwatch.observer/filing/0000766421-24-000080.json
- Plain text: https://secwatch.observer/filing/0000766421-24-000080.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.