Alaska Air Group posted a second-quarter loss of about 68 cents per share on $4.1 billion in revenue, a 10% year-over-year increase, as volatile fuel costs trimmed flights in April and May. The results come after earlier guidance that envisioned a profitable year, a view that had been suspended amid the surge in fuel prices driven by Middle East tensions. Analysts noted the company’s adjusted loss per share was around 92 cents for the quarter, slightly better than consensus but still a loss year over year from $1.78 in the prior year. For the third quarter, Alaska projected an adjusted earnings range from break-even to $1 per share, well below some investor expectations of about $1.47. Shares moved lower in after-hours trading as fuel costs remained a key driver of the airline’s outlook, with executives signaling continued fare increases to cover higher costs. Alaska’s management attributed the ongoing fuel-price volatility to the war in Iran and broader Middle East tensions, and reiterated that full-year guidance remained uncertain.