Alaska Air Group 1Q earnings down 45%, sees ‘solid’ demand

Alaska Airlines 737-800. Courtesy, AS Alaska Air Group, parent of Alaska Airlines (AS) and Horizon Air, earned net income of $40.8 million in the first quarter, a 45% drop from a $74.2 million net profit earned in the year-ago quarter. Revenue lifted 7.7% to $1.04 billion but fuel costs jumped 63.9%...

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