Alaska Air Group Inc ALK provided an update on its recent operational trends and expectations as the company deals with coronavirus-induced weakness in air-travel demand.
In an investor update, the company revealed that revenue passengers declined 74%, 71% and 68% year over year in July, August and September, respectively. Capacity, measured in available seat miles (ASMs), was down 63%, 51% and 50% in July, August and September respectively, while load