pussy_galore
22.10.04, 12:38
Alaska Air Posts Quarterly Profit
October 21, 2004
Alaska Air Group, the parent of Alaska Airlines, on Thursday reported a
quarterly profit, even as high fuel prices cut into earnings at rival
carriers.
The Seattle-based airline said its third-quarter profit amounted to USD$79.2
million, or $2.94 a share, compared with net income of USD$40.7 million, or
$1.52 a share, a year earlier.
Alaska Air said it ended the quarter with cash and short-term investments of
about USD$879 million, up from USD$812 million at the end of 2003.
(Reuters)