Alaska Air Group, like several US counterparts, suffered a third-quarter loss owing to a decline in the mark-to-market value of its fuel hedges, reporting an $86.5 million deficit that compared to an $81.8 million profit in the third quarter of 2007. Excluding special items, which also included fleet transition costs from the phaseout of Alaska Air's MD-80s and the CRJ700s at Horizon Air and gains related to the deletion of inactive loyalty program accounts, AAG posted net earnings of $39.9 ...

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