Published: October 22nd, 2009 10:02 AM
Last Modified: October 22nd, 2009 06:39 PM
ATLANTA -- Improvements it has made in on-time performance and being insulated from the slump in international travel helped Alaska Air Group post a profit for the third quarter.
The Seattle-based operator of Alaska Airlines and Horizon Air said today it recorded an $87.6 million third-quarter profit, or $2.46 a share, compared to a net loss of $86.5 million, or $2.40 a share, a year ago.
Revenue fell 9 percent to $967.4 million from $1.07 billion a year ago.
Alaska Air is among a small group of airlines that have profits for the third quarter.
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