Alaska Air Group today reported the best quarterly profit in its history.
Alaska Air Group today reported the best quarterly profit in its history.
The SeaTac-base airline holding company that owns Alaska Airlines and Horizon Air reported third quarter income excluding special items of $150.3 million, or 2.09 a share. That compares with income of $131.1 million, or $1.79 a share in last year’s third quarter.
Read more here: http://blog.thenewstribune.com/business/2012/10/25/seatacs-alaska-air-group-reports-record-third-quarter-income/
This year’s first quarter, traditionally the weakest for Sea-Tac’s Alaska Air Group because of the dearth of tourist traffic to its namesake state, again produced record profits, the company announced this morning.
SeaTac’s Alaska Air Group announced record profits in the fourth quarter and for 2012 on Thursday as passenger traffic increased, costs declined and the airline holding company’s return on invested capital jumped to 13 percent.
SeaTac's Alaska Air Group announced record profits in the fourth quarter and for 2012 today as passenger traffic increased, costs declined and the airline holding company's return on invested capital jumped to 13 percent.
Tacoma-based Columbia Banking System on Thursday reported fourth quarter income of $13.5 million, a decline from fourth quarter income of $14.8 million reported for the fourth quarter of 2011. Earnings per share for the quarter were 34 cents, compared to 37 cents the year before.
Alaska Air Group says it gave nearly 13,000 employees about $74 million in bonuses Wednesday for exceeding 2012 financial goals.
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