Alaska Air Group, parent of Alaska Airlines and Horizon Air, reported a first-quarter net income of $149 million, up significantly from last year’s first-quarter net income of $94 million. Operating revenue was up 4% to $1.3 billion year-over-year while expenses were down 5% to $1.03 billion, producing an operating profit of $238 million, up 69% over the year-ago quarter. Alaska CEO Brad Tilden said the “record first-quarter results reflect lower fuel prices.” The ...

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