Alaska Airlines warned of weaker second-quarter earnings as travel demand continues to soften, joining a broader industry trend of slowing bookings, according to CNBC. The airline forecast second-quarter unit revenue to be flat to down as much as 6% year over year, with adjusted EPS expected to fall well below analysts’ projections. Alaska attributed the headwind to “softer demand” and said it won’t revise its full-year guidance due to ongoing economic uncertainty.
