Alaska Air CEO warns of up to $700 mln 2026 loss, plans to cut about 200 non-contract jobs

Alaska Air Group, parent of Alaska Airlines and Hawaiian Airlines, announced plans to cut about 200 non-contract jobs. CEO Ben Minicucci said the company could face losses of up to $700 million in 2026 if current conditions persist, citing rising fuel costs and geopolitical pressure, and said cuts would spare frontline and non-management staff.

Detected & updated continuously · Source: Nebula