Alaska Airlines 737-800. Courtesy, Alaska Alaska Air Group, parent of Alaska Airlines and Horizon Air, reported a 2012 net income for 2012 of $316 million, up 29% from a $245 million net profit in the year-ago period. The company said this is its ninth consecutive year of adjusted profits and the third year in a row the company has exceeded its goal of a 10% return on invested capital. Revenue rose 8% to $4.66 billion while expenses increased 7% to $4.13 billion, producing an ...

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