Alaska Mulls Dipping Into Cash Reserves

By Adrian Schofield

Alaska Air Group intends to use its strong cash position to pay down long-term debt and repurchase shares, the carrier says.

The carrier expects to have a higher cash-to-revenue ratio than any of the U.S. major carriers in the first quarter, CEO William Ayer said June 15 at the Bank of America Merrill Lynch Global Transportation Conference. Alaska’s ...

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