Alaska Air Group Inc reported a robust revenue of $3.534 billion for Q4 2024, reflecting a year-over-year increase of 38.43% and a sequential growth of 15.04%. Yet, despite solid revenue figures, the company encountered pronounced declines in profitability metrics due to rising operational costs and other challenges. Operating income fell sharply to $73 million, down by 78.59% sequentially, while net income plummeted 69.92% due to a significant increase in total expenses. Management highlighted adverse external market conditions and labor disruptions, which weighed heavily on the quarter's profitability, albeit commending the strong demand recovery in travel post-pandemic.