By Lewis Harper2021-06-10T09:11:00+01:00
Alaska Air Group expects to be profitable in the third quarter of this year, as it benefits from what chief executive Ben Minicucci describes as a “dramatic recovery” in leisure travel.
Speaking during a CAPA Live event on 9 June, Minicucci says: “For the last three months we’ve seen a dramatic change, a dramatic recovery. We’ve pretty much seen leisure demand come back to 100% and in some cases well over 100% [of pre-pandemic levels].”
Underpinning that improvement for the Seattle-based group – which largely serves domestic markets through Alaska Airlines and regional unit Horizon Air – is the USA’s relatively advanced Covid-19 vaccination programme.