Alaska Air Group (NYSE: ALK) executives are optimistic about the summer flying season once COVID-19 vaccinations become more widespread. During Tuesday’s earnings call they said the carrier is well positioned to capitalize on economic recovery because of a well-managed balance sheet, aggressive cost cutting and generous federal support.
The Seattle-based company reported a fourth-quarter adjusted net loss of $316 million or minus $2.55 per diluted share. For the year, Alaska Air lost $1.3...