Alaska Airlines and Horizon Air parent Alaska Air Group cited "positive network changes" as the driver of a return to profitability in 2009, when it posted a $121.6 million surplus that compared to a $135.9 million loss in 2008. The result included a $55.2 million mark-to-market fuel hedge gain and $22.3 million in costs related to a new contract with its pilots (ATWOnline, May 21, 2009). Full-year income of $88.7 million rose from $4.4 million on a similar basis. Revenue grew 7.2% to $3.4 ...

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