Welcome to our dedicated page for ALASKA AIR GROUP SEC filings (Ticker: ALK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Alaska Air Group filings document regulatory disclosures for a public airline holding company with Alaska Airlines, Horizon regional operations and Hawaiian Airlines. Form 8-K reports cover operating and financial results, Regulation FD updates, aircraft purchase agreements, co-branded credit card arrangements, route and operations-related business updates, and material financing events.
The filing record also describes capital structure and liquidity through senior notes, revolving credit facilities, guarantees and loyalty-program collateral tied to Atmos Rewards. Proxy materials cover board governance, executive compensation and shareholder voting matters, while event filings provide formal records of material agreements, financial outlook disclosures and other corporate actions.
Alaska Air Group EVP and CCO Andrew R. Harrison sold 5,300 shares of common stock on August 3, 2026, in a transaction coded "S" (sale in open market or private transaction) at a weighted average price of $49.671 per share, with trades between $49.63 and $49.70. Following the sale, he directly owns 25,528 shares of Alaska Air Group common stock. The filing indicates these trades were not made under a Rule 10b5-1 trading plan.
Alaska Air Group reported a GAAP net loss of $76 million in the second quarter of 2026, or $(0.68) per share, compared with net income of $172 million a year earlier. Total operating revenue rose 10% to $4,065 million, driven by a 9% increase in passenger revenue, 23% growth in loyalty program other revenue, and 17% growth in cargo and other revenue. Unit revenue (RASM) increased 8.6%, supported by higher yields, premium products, loyalty activity, and new transatlantic routes.
Profitability was pressured by a sharp rise in fuel costs: aircraft fuel expense increased 86% to $1,305 million, lifting the average fuel price to $4.43 per gallon. Non‑fuel operating expenses excluding special items grew 8%, and operating special items tied mainly to the Hawaiian integration totaled $42 million. For the first six months of 2026, the company recorded a net loss of $269 million on revenue of $7,365 million.
Liquidity remained sizable, with $3,762 million of unrestricted cash, marketable securities, and undrawn credit as of June 30, 2026, equal to 25% of trailing twelve‑month revenue. Long‑term debt and finance leases rose to $5,783 million, and the debt‑to‑capitalization ratio increased to 65%. The company raised about $1.1 billion of new financing, expanded its revolving credit facility to $1.1 billion, repurchased 5.9 million shares for $250 million year‑to‑date, and had $180 million remaining under its $1 billion authorization. Management states it expects existing liquidity and financing capacity to meet needs for at least the next 12 months, while carrying sizeable aircraft purchase and lease commitments through 2035.
Alaska Air Group reported second quarter 2026 results with total operating revenue of $4,065 million, up 10% year over year on 1% capacity growth, but a GAAP net loss of $76 million or $(0.68) per diluted share. Adjusted net loss was $102 million, or $(0.92) per share, and GAAP pretax margin was (5.3)% with adjusted pretax margin of (4.3)%.
Economic fuel cost averaged $4.43 per gallon, up 85.4% year over year and adding $600 million of incremental fuel expense, driving operating expenses up 24% to $4,233 million. Non‑fuel unit costs (CASMex) rose 6.5% to 11.40¢, better than prior guidance. Unit revenue (RASM) increased 8.6%, supported by premium revenue up 15%, cargo revenue up 21%, and loyalty cash remuneration up 19%.
Operating cash flow for the first six months of 2026 was $606 million, and available liquidity totaled $3.8 billion, including $1 billion of new financing in the quarter. Debt‑to‑capitalization including leases rose to 65% and adjusted net debt to EBITDAR to 4.8x. For third quarter 2026, guidance calls for capacity up 2%–3%, low double‑digit RASM growth, CASMex up low to mid single digits, economic fuel cost of $3.75 per gallon, and adjusted earnings per share between $0.00 and $1.00.
Alaska Air Group VP and Chief of Staff to the CEO Tiffany J. DeHaan filed an initial ownership report showing a relatively small equity position in the company. She directly holds 1,356 shares of Alaska Air Group common stock and has an additional 2 shares reported as indirectly owned through her son, for which she disclaims beneficial ownership.
The filing also lists several restricted stock unit (RSU) awards, each representing a contingent right to receive one share of ALK common stock. Unvested portions include 2,370 underlying shares from an RSU grant issued on February 10, 2026, plus other grants with unvested portions of 2,660, 2,040, 2,170, and 1,190 shares that vest in three equal annual installments on specified dates between February 13, 2025 and February 10, 2029.
Alaska Air Group reported an equity compensation grant to Pres. of Ops Sub & CFO Shane R. Tackett. He received 4,100 restricted stock units (RSUs), each representing a contingent right to one share of ALK common stock. The RSUs vest in three annual installments: 1,366 shares on June 29, 2027, 1,367 shares on June 29, 2028, and 1,367 shares on June 29, 2029.
After these transactions, Tackett holds 43,555 shares of common stock directly and 2,806 shares indirectly through the Alaska Air Group Employee Stock Ownership 401(k) Plan Trust, as of June 29, 2026. Footnotes note that his holdings include 178 shares acquired earlier under the company’s Employee Stock Purchase Plan in exempt transactions.
Alaska Air Group announced that its board elected Shane Tackett as president of Alaska Airlines, effective June 29, 2026, while he continues to serve as chief financial officer of both Alaska Air Group and Alaska Airlines. He will add leadership of the airline’s commercial organization to his existing finance responsibilities.
In connection with the promotion, his annual base salary will increase from $659,813 to $692,804, and his target annual cash incentive under the Performance Based Pay Plan will rise from 100% to 105% of base salary. His long‑term incentive award target under the 2016 Performance Incentive Plan is set at $3,000,000, following a $2,700,000 equity grant in February 2026.
SIEVERT G MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
Alaska Air Group director G. Michael Sievert received a grant of 4,258 shares of common stock. The award, valued at $44.52 per share, was granted under Alaska Air Group’s 2016 Performance Incentive Plan in connection with his appointment to serve as a director until the 2027 Annual Stockholders Meeting. Following this compensation-related grant, he directly holds 4,258 shares.
ALASKA AIR GROUP, INC. director SIEVERT G MICHAEL has filed an initial Form 3, which reports his status as an insider of the company. The available data shows no reportable transactions, option exercises, gifts, or other changes in ownership at this time.
Alaska Air Group, Inc. appointed G. Michael (Mike) Sievert to its board of directors, effective June 1, 2026, and increased the board size from 10 to 11 seats. Sievert will serve on the Safety and Innovation Committees and on the boards of Alaska Airlines and Horizon Air.
As a non-employee director, he received a prorated annual cash retainer of $85,320 and a common-share grant under the 2016 Performance Incentive Plan with a grant value of $189,590, determined using the June 1, 2026 closing share price. The company highlighted Sievert’s track record leading T-Mobile and his ties to the Seattle business community, and confirmed he qualifies as an independent director under SEC and NYSE standards.