Alaska Air updates on November metrics

• Alaska Air Group (NYSE:ALK) reports revenue passegner miles increased 1.0% to 4.440B in November.
• Capacity was up 1.2% to 5.281B available seat miles.
• The carrier's load factor fell 10 bps to 84.1% during the month.
• Looking ahead, Alaska Air expects capacity growth of -1.1% in FQ4 and revenue per ASM of -4.0% to -5.0%. An economic fuel cost per gallon of $2.36 is anticipated vs. $2.33 prior guidance.
• SEC Form 8-K
• Shares of ALK are down 0.23% in premarket trading to $61.20.