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Alaska Air Group (Alaska Air Group) Fuel Expense for Airlines (USD Mil) : 565.00 (As of Mar. 2024)


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What is Alaska Air Group Fuel Expense for Airlines (USD Mil)?

Fuel Expense for Airlines (USD Mil) are one of the largest, most variable airline expenses. A high fuel expense may reduce the profit of the airlines.

Alaska Air Group's Fuel Expense for Airlines (USD Mil) for the quarter that ended in Mar. 2024 was 565.00 , which lower from pervious quarter (Dec. 2023)'s result by 20.31%.

Alaska Air Group's Fuel Expense for Airlines (USD Mil) for the annual that ended in Dec. 2023 was 2,641.00 , which lower from pervious year (Dec. 2022)'s result by 1.01%.

The historical rank and industry rank for Alaska Air Group's Fuel Expense for Airlines (USD Mil) or its related term are showing as below:

ALK's Fuel Expense for Airlines (USD Mil) is not ranked *
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Fuel Expense for Airlines (USD Mil) only.

Alaska Air Group's Fuel Consumed for Airlines (MGal) for the quarter that ended in Mar. 2024 was 188.00 , which lower from pervious quarter (Dec. 2023)'s result by 7.84%.

Alaska Air Group's Fuel Consumed for Airlines (MGal) for the annual that ended in Dec. 2023 was 824.00 , which higher from pervious year (Dec. 2022)'s result by 8.71%.

Alaska Air Group's Average Fuel Price per Gallon for the quarter that ended in Mar. 2024 was 3.08 , which lower from pervious quarter (Dec. 2023)'s result by 9.94%.

Alaska Air Group's Average Fuel Price per Gallon for the annual that ended in Dec. 2023 was 3.21 , which lower from pervious year (Dec. 2022)'s result by 6.14%.


Alaska Air Group Fuel Expense for Airlines (USD Mil) Historical Data

The historical data trend for Alaska Air Group's Fuel Expense for Airlines (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alaska Air Group Fuel Expense for Airlines (USD Mil) Chart

Alaska Air Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Fuel Expense for Airlines (USD Mil)
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Passenger Revenue (USD Mil)
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Available Seat Miles (Mil)
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Revenue Passengers Carried #
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Revenue Passenger Miles (Mil)
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Fuel Consumed for Airlines (MGal)
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Freight Revenue (USD Mil)
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Alaska Air GroupQuarterly Data
Trend Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Fuel Expense for Airlines (USD Mil)
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Passenger Revenue (USD Mil)
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Available Seat Miles (Mil)
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Revenue Passengers Carried #
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Revenue Passenger Miles (Mil)
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Fuel Consumed for Airlines (MGal)
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Freight Revenue (USD Mil)
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Competitive Comparison of Alaska Air Group's Fuel Expense for Airlines (USD Mil)

For the Airlines subindustry, Alaska Air Group's Fuel Expense for Airlines (USD Mil), along with its competitors' market caps and Fuel Expense for Airlines (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alaska Air Group  (NYSE:ALK) Fuel Expense for Airlines (USD Mil) Explanation

Fuel Expense for Airlines (USD Mil) are one of the largest, most variable airline expenses. It is affected by Fuel Consumed for Airlines (MGal) and Average Fuel Price per Gallon. An excessive Average Fuel Price per Gallon may adversely affect the company's profits by increasing the fuel expense.


Alaska Air Group Fuel Expense for Airlines (USD Mil) Related Terms

Thank you for viewing the detailed overview of Alaska Air Group's Fuel Expense for Airlines (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


Alaska Air Group (Alaska Air Group) Business Description

Industry
Traded in Other Exchanges
Address
19300 International Boulevard, Seattle, WA, USA, 98188
Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.
Executives
Benito Minicucci officer: EXEC VP/OPS AND COO C/O ALASKA AIRLINES, INC., 19300 INTERNATIONAL BLVD SO, SEATTLE WA 98188
Jason M Berry officer: President, Horizon Air C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD., SEATTLE WA 98188
J Kenneth Thompson director ALASKA AIR GROUP, 19300 PACIFIC HIGHWAY SOUTH, SEATTLE WA 98188
Andrea L Schneider officer: VP PEOPLE ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Andrew R Harrison officer: VP/PLNG & REV MGMT C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Shane R Tackett officer: SR VP REV/E-COMMERCE C/O ALASKA AIRLINES, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Dhiren R. Fonseca director C/O NORTHWEST RETAIL PARTNERS, LTD., 224 WESTLAKE AVE N, SUITE 500, SEATTLE WA 98109
Adrienne Rochelle Lofton director C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Daniel Kevin Elwell director C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Knight Jessie J Jr director 4329 FOX BROOK LANE, CHARLOTTE NC 28211
Susan J Li director ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Helvi Kay Sandvik director C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
James A Beer director MCKESSON CORPORATION, ONE POST STREET, SAN FRANCISCO CA 94104
Raymond L. Conner director ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Kathleen T Hogan director C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399