27-Apr-2017 2:01 PM
Alaska Air Group reports 1Q2017 profit
Alaska Air Group revenue up 2% - combined financial highlights for three months ended 31-Mar-2017:
- Total operating revenue: USD1749 million, +2% year-on-year;
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- Passenger: USD1484 million, +2%;
- Total operating costs: USD1583 million, +14%;
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- Fuel: USD339 million, +42%;
- Operating profit: USD166 million, -48%;
- Profit before tax: USD152 million, -53%;
- Passengers: 10.0 million, +4.3%;
- Load factor: 81.3%, -0.2ppt;
- Passenger revenue per ASM: USD 10.30 cents, -3.3%;
- Revenue per ASM: USD 12.15 cents, -2.6%;
- Total assets: USD10,302 million;
- Cash and marketable securities: USD1710 million;
- Total liabilities: USD7288 million. [more - original PR]
Alaska Air Group: "We are pleased to report a solid profit for the first quarter. With the biggest integration decisions behind us, the hard work of executing the plan now lies ahead," Brad Tilden, CEO. Source: Company statement, 26-Apr-2017.