Alaska Airlines and Horizon Air parent Alaska Air Group suffered a 16.9% decline in second-quarter profit to $46.1 million compared to the $55.5 million earned in the year-ago quarter, which Chairman and CEO Bill Ayer said represented "a solid performance in view of significantly higher fuel costs and a softer revenue environment." Group revenue rose 3.6% to $904.4 million while expenses climbed 4.3% to $826.7 million, dropping operating profit 3% to $77.7 million from the $80.1 million ...

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