Alaska Airlines is set to redefine its First Class dining experience with the launch of an exciting chef partnership starting this month. The collaboration with Brandon Jew, an acclaimed chef and owner of San Francisco’s Michelin-starred Mister Jiu’s restaurant, will bring an exclusive menu to our guests seated in First Class between San Francisco International Airport (SFO) and New York’s John F. Kennedy International Airport (JFK).*

I am incredibly proud of our entire team for the strong results they delivered in the third quarter, through the busiest travel season in two years,” said Alaska CEO Ben Minicucci. “We ran an industry-leading operation with completion rates over 99% every month. We set a new revenue record and our double-digit pretax margin will likely lead the industry. Alaska and Horizon also ratified three major labor deals. This is a strong foundation that we look forward to building on in 2023.”

Financial Results for the Third Quarter:

Reported net income for the third quarter of 2022 under Generally Accepted Accounting Principles (GAAP) of $40 million, or $0.31 per share, compared to a net income of $194 million, or $1.53 per share, in the third quarter of 2021.
Reported net income for the third quarter of 2022, excluding special items and mark-to-market fuel hedge accounting adjustments, of $325 million, or $2.53 per share, compared to a net income, excluding special items and mark-to-market fuel hedge accounting adjustments, of $187 million, or $1.47 per share, in the third quarter of 2021.
Recorded $2.8 billion in operating revenues for the third quarter, the highest revenue-generating quarter in company history.
Generated RASM in the third quarter of 2022 26.8% above the third quarter 2019 result, driven by strong pricing, a robust demand environment and the execution of our commercial roadmap.
Reported adjusted pretax margin for the third quarter of 15.6%.