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Alaska Air Group reports record net profit for 2010

26-Jan-2011 12:47 PM

Alaska Air Group announced (25-Jan-2011) the following financial highlights for 2010 stating it reported a "record" net profit result in the period:

  • Revenue:  USD3,832.3 million, +12.7% year-on-year;
    • Passenger: USD3,472.9 million, +12.3%;
    • Freight and mail: USD106.2 million, +10.7%;
    • Other: USD253.2 million, +19.5%;
  • Expenses: USD3,360.7 million, +7.3%;
    • Wages and benefits: USD960.9 million, -2.8%;
    • Aircraft fuel: USD900.9 million, +36.9%.
  • Operating profit: USD471.6 million, +76.4%;
  • Net profit: USD251.1 million, +106.5%.  [more]