Alaska Air Group Inc (NYSE:ALK)
$ 43.76 -0.1 (-0.23%) Market Cap: 5.55 Bil Enterprise Value: 7.10 Bil PE Ratio: 23.40 PB Ratio: 1.38 GF Score: 86/100
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Q2 2020 Alaska Air Group Inc Earnings Call Transcript

Jul 23, 2020 / 03:30PM GMT
Release Date Price: $36.67 (+1.02%)
Operator

Good morning. My name is Erica, and I will be your conference operator today. At this time, I would like to welcome everyone to the Alaska Air Group second quarter earnings release conference call. Today's call is being recorded and will be available for future playback at alaskaair.com. (Operator Instructions) Thank you.

I would now like to turn the call over to Alaska Air Group's Director, Investor Relations, Emily Halverson.

Emily Halverson
Alaska Air Group, Inc. - IR

Thank you, Erica. Good morning, and thank you for joining us for our second quarter 2020 earnings call. On today's call, you'll hear updates from Brad, Ben and Shane. Several other members of our management team are also on the line to answer your questions during the Q&A portion of the call.

The global health and economic crises continue to significantly impact our business and outlook. This morning, Alaska Air Group reported a second quarter GAAP net loss of $214 million. Excluding special items and mark-to-market adjustments, Air Group reported an adjusted net loss of

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