Alaska Airlines reported a second-quarter 2010 net income of $58.6 million compared to net income of $29.1 million in the second quarter of 2009. Bill Ayer, chairman and CEO of the airline, credited strong revenues and good cost control for the numbers, although increased fuel costs did have an impact. If not for a fuel hedging loss and fleet-related charges, Alaska Air said it would have earned $84 million, he said. The company saw a 10 percent traffic increase for the quarter, and those passengers paid slightly more to fly. Yield on Alaska Airlines flights, or the amount collected from each passenger for flying one mile, rose 6 percent to 13.9 cents per mile. For more information, visit www.alaskaairlines.com.
Alaska Airlines reported a second-quarter 2010 net income of $58.6 million compared to net income of $29.1 million in the second quarter of 2009. Bill Ayer, chairman and CEO of the airline, credited strong revenues and good cost control for the numbers, although increased fuel costs did have an impact. If not for a fuel hedging loss and fleet-related charges, Alaska Air said it would have earned $84 million, he said. The company saw a 10 percent traffic increase for the quarter, and those passengers paid slightly more to fly. Yield on Alaska Airlines flights, or the amount collected from each passenger for flying one mile, rose 6 percent to 13.9 cents per mile. For more information, visit www.alaskaairlines.com.
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