Alaska Air Group higher after Q2 profit beat

• Alaska Air Group (NYSE:ALK) announces mainline passenger revenue increased 5% to $1.019B in Q2.
• Regional passenger revenue was up 6% to $212M.
• On the expense side, wages and benefits rose 9% while the company saw a 28% reduction in aircraft fuel costs.
• Q2 load factor -140 bps to 84.9%.
• Q2 passenger revenue per available seat mile -5.3% to $0.1237.
• Previously: Alaska Air beats by $0.03, revenue in-line
• ALK +2.20% premarket to $77.50.