Seattle-based Alaska Air Group, parent of Alaska Airlines and Horizon Air, posted third-quarter 2016 net income of $256 million, down 6.6% from a net profit of $274 million in the 2015 September quarter. The year-over-year profit decline can be attributed to $22 million in one-time costs related to Alaska’s proposed merger with San Francisco-based Virgin America, which remains the subject of antitrust talks between Alaska executives and the US Department of Justice (DOJ). Without the ...

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