Alaska Air earns record 2011 profit of $244.5 million

Alaska Air Group (AAG), parent of Alaska Airlines (AS) and Horizon Air, reported 2011 net income of $244.5 million, up 2.6% from $225.1 million year-over-year, in its second consecutive year of record earnings. AAG Chairman and CEO Bill Ayer told investors and reporters that the improvement was the...

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