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Alaska Air Group (BSP:A1LK34) Long-Term Capital Lease Obligation : R$5,468 Mil (As of Mar. 2024)


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What is Alaska Air Group Long-Term Capital Lease Obligation?

Alaska Air Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$5,468 Mil.

Alaska Air Group's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (R$5,497 Mil) to Dec. 2023 (R$5,512 Mil) but then declined from Dec. 2023 (R$5,512 Mil) to Mar. 2024 (R$5,468 Mil).

Alaska Air Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (R$7,233 Mil) to Dec. 2022 (R$7,307 Mil) but then declined from Dec. 2022 (R$7,307 Mil) to Dec. 2023 (R$5,512 Mil).


Alaska Air Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Alaska Air Group's Long-Term Capital Lease Obligation 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.

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Alaska Air Group Long-Term Capital Lease Obligation Chart

Alaska Air Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,906.38 6,523.48 7,232.62 7,306.84 5,512.28

Alaska Air Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,578.51 5,572.05 5,496.77 5,512.28 5,467.82

Alaska Air Group  (BSP:A1LK34) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Alaska Air Group Long-Term Capital Lease Obligation Related Terms

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Alaska Air Group (BSP:A1LK34) 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.

Alaska Air Group (BSP:A1LK34) Headlines

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