Alaska Air Group, parent of Alaska Airlines and Horizon Air, posted a record full-year net profit for 2014 of $605 million, up 19.1% compared to 2013’s net profit of $508 million. Alaska’s 2014 operating revenue grew 4.1% year-over-year to $5.37 billion. Operating expenses rose 2% year-over-year (YOY) to $4.41 billion, resulting in an operating profit for the year of $962 million, up 14.8% from $838 million in operating profit for 2013. With the presentation of the year’s ...

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