Alaska Air Group, parent of Alaska Airlines (AS) and Horizon Air (QX), more than doubled its net income year-over-year, earning $163.4 million in the third quarter versus net income of $77.5 million in the 2011 third quarter. Excluding special items, it reported $150.3 in net income. The three month results are the highest quarterly profit in the company’s history. Revenues for the quarter jumped 6.2% to $1.27 billion on a 4.9% dip in operating expenses to $1 billion. Included ...

Subscribe to Access this Entire Article

"Alaska Air Group records strong 3Q; readies to announce three new markets" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.