Alaska Air Forecasts Strong Recovery Amid Business Travel Rebound

Despite a significant incident with a Boeing 737 MAX 9 in January, Alaska Air anticipates robust profits and increased travel demand through the year.

Alaska Air expects to surpass analyst profit estimates this spring following a January incident that temporarily grounded the Boeing 737 MAX 9.
The airline received $162 million from Boeing for Q1 losses due to the incident, with more compensation expected.
Business travel, particularly from technology companies, is nearing pre-pandemic levels, bolstering the airline's outlook.
Alaska Air plans to increase its flight capacity by 5% to 7% in Q2, reflecting growing travel demand.
Shares of Alaska Air rose by 4%, indicating strong market confidence in the airline's recovery.