Alaska Air Posts Q2 Adjusted EPS Of $1.78 Versus IBES Estimate $1.54

July 24 (Reuters) - Alaska Air Group Inc ALK.N:

• ALASKA AIR Q2 ADJUSTED EPS $1.78 VERSUS IBES ESTIMATE $1.54

• ALASKA AIR Q2 REV $3.7 BLN VS IBES ESTIMATE $3.66 BLN

• ALASKA AIR OUTLOOK Q3 CAPACITY DOWN ABOUT 1%; OUTLOOK FY CAPACITY UP ABOUT 2%

• ALASKA AIR OUTLOOK Q3 ADJUSTED EPS $1.00 TO $1.40 VERSUS IBES ESTIMATE $1.65

• ALASKA AIR OUTLOOK FY ADJUSTED EPS OF MORE THAN $3.25 VERSUS IBES ESTIMATE $3.41

• ALASKA AIR: RECENTLY SEEN A POSITIVE INFLECTION IN TRAFFIC, YIELD AND REVENUE INTAKE FOR BOTH ALASKA AND HAWAIIAN AIRLINES’ BOOKINGS

• ALASKA AIR: EXPECT ABOUT A 10 CENT IMPACT TO Q3 ADJUSTED EPS FROM IT OUTAGE THAT RESULTED IN IRREGULAR OPERATIONS IN JULY

• ALASKA AIR Q2 REVENUE $3.7 BILLION VERSUS IBES ESTIMATE