Alaska Air says demand, fares could support second-half cash flow despite fuel shock

Tackett said fuel markets had become ?less volatile in recent weeks, but prices were still moving by about 5% ?over a couple of days, making Alaska unwilling to restore guidance until it ?has more confidence in the outlook. Sign up here. “We want to see a little bit more stability in the backdrop,” Tackett said on the sidelines of the International Air Transport Association’s annual meeting ?in Rio de Janeiro. The carrier expects a tougher second quarter than it had ?anticipated before the latest fuel shock, but Tackett said higher fares and resilient demand should ?help ?offset most of the…