Alaska Air 737-900ER. Photo: Courtesy, Boeing. Alaska Air Group, parent of Alaska Airlines and Horizon Air, earned $74.2 million in first-quarter net income, considerably widened from a $5.3 million net profit in the year-ago period. Revenue lifted 16.3% year-over-year to $965.2 million. Excluding mark-to-market fuel hedge gains of $82 million ($51 million after tax) and a $10.1 million charge ($6.3 million after tax) for retiring CRJ700s, AAG reported first-quarter net income of ...

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