Airlines Confidential · Wednesday, October 28, 2026
Dave Hilfman and Scott McCartney highlighted that American Airlines and Alaska Airlines both posted net losses in the third quarter, with American losing $269 million and Alaska losing $147 million, heavily impacted by fuel costs and headwinds from international and Hawaiian route expansion.
“So Southwestern's $270 million, American lost $269 million. And frankly, that's a pretty interesting Halloween house of mirrors.”
“Alaska ended up losing 147 million in the third quarter, Last year in the same period, it earned money.”