23-Jul-2010 2:00 PM
Alaska Air in USD58 million profit, pausing to review operations to drive efficiencies
Analysis
Alaska Air Group posted second quarter net profits of USD58.6 million in 2Q2010 nearly doubling the results in the year-ago period on revenues of USD976.4 million, a 15.7% increase. "Our second quarter adjusted net earnings represent the best quarterly profit in our history. The results were driven by strong revenues and good cost control, partially offset by higher fuel costs," said Bill Ayer, chairman and chief executive officer.
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