Seattle-based Alaska Air Group, parent of Alaska Airlines and Horizon Air, reported second-quarter net income of $260 million, up 11.1% over a net profit of $234 million in the prior-year period. Alaska’s second-quarter revenue rose 4% year-over-year to $1.49 billion. Like much of the US airline industry, however, it saw its unit revenue, as measured in PRASM, decline. Mainline second-quarter PRASM decreased 7.5% year-over-year to 10.49 cents. The company’s June quarter ...

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