Alaska Airlines and Horizon Air parent Alaska Air Group reported second-quarter net income of $58.6 million, double the $29.1 million profit earned in the year-ago period, attributing the increase to "strong revenues and good cost control." Group operating revenue jumped 15.7% to $976.4 million while expenses climbed 11.5% to $866.5 million. Despite "higher fuels costs," operating income rose from $66.7 million in the year-ago quarter to $109.9 million this year. The ...
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