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;
• • Passenger: USD1484 million, +2%;
• Total operating costs: USD1583 million, +14%;
• • 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.