Alaska Air Group produces a record third quarter profit

Alaska Air Group (Alaska Airlines and Horizon Air) (Seattle/Tacoma) today reported record third quarter net income, excluding special items, of $131.1 million, or $3.58 per diluted share, compared to net income of $118.1 million, or $3.21 per diluted share. This quarter’s results compare to a First Call mean estimate of $3.33 per share.

With the special items, the group reported net income under Generally Accepted Accounting Principles (GAAP) of $77.5 million, or $2.12 per diluted share, compared to net income of $122.4 million, or $3.32 per diluted share.

Horizon Slide Show: CLICK HERE

Alaska Horizon Slide Show: CLICK HERE

Copyright Photo: Bruce Drum. Please click on the photo for additional information.