Alaska Air profit falls 46.2%
Alaska Air Group reported a 46.2% fall in quarterly profit as its operating expenses swelled and average fares declined. Net income fell to $99m, or 79 cents per share, in Q1 ended March 31, from $184m, or $1.46 per share, a year earlier. Passenger unit revenue fell 4.9%. Total operating revenue rose 29.8% to $1.75b.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-04-27/unaligned/alaska-air-profit-falls-46-2
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Alaska Air profit falls 46.2%
Alaska Air Group reported a 46.2% fall in quarterly profit as its operating expenses swelled and average fares declined. Net income fell to $99m, or 79 cents per share, in Q1 ended March 31, from $184m, or $1.46 per share, a year earlier. Passenger unit revenue fell 4.9%. Total operating revenue rose 29.8% to $1.75b.<br/>
