Alaska Air Group, parent of Alaska Airlines and Horizon Air, reported $94 million net income for the first-quarter, more than doubling the $37 million net income reported in the year-ago period. Excluding the impact of mark-to-market fuel hedge adjustments of $5 million, the company reported a first-quarter “record” net income of $89 million, compared to $44 million in 2013. Revenue increased 7.9% year-over-year to $1.22 billion as operating expenses came to $1.08 billion, up ...

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