Alaska Airlines and Horizon Air parent Alaska Air Group reported third-quarter net income of $77.5 million, down 36.7% from $122.4 million in the year-ago quarter. “In this quarter, we saw strong demand in all of our regions,” Alaska Air Group chairman and CEO Bill Ayer told reporters and analysts. “Fuel prices were much higher and offset much of our revenue gains. Traffic gains outpaced the 5% capacity growth leading to higher load factors.” Excluding ...

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