Alaska Air cuts 200 jobs amid fuel cost surge (centraloregondaily.com)

Alaska Air Group eliminated about 200 non-contract positions as soaring fuel prices and geopolitical challenges squeeze its finances. Chief Executive Ben Minicucci warned of a potential $700 million annual loss, marking the company's first adjusted pretax loss outside the pandemic since 2003. The cuts affect less than 1% of employees, with last working days set for November 13.