Alaska Air Group, parent of Seattle-based Alaska Airlines and regional carrier Horizon Air, reported a consolidated first-quarter net income of $184 million, up 23% from a net income of $149 million in the year-ago quarter. Alaska Air Group announced April 4 it had reached a deal to acquire San Francisco-based Virgin America for $2.6 billion in cash. The transaction is pending Virgin America shareholder and regulatory approval. “We are hoping for swift clearance to close, which could ...

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