Alaska Air Group reports second quarter 2018 net income of US$193 million

Alaska Air Group has reported second quarter 2018 GAAP net income of US$193 million compared to US$293 million in the second quarter of 2017. Excluding the impact of merger-related costs and mark-to-market fuel hedge adjustments, the company reported adjusted net income of US$206 million compared to US$309 million in 2017.

Alaska Air Group generated approximately US$725 million of operating cash flow, including merger-related costs and other special items. The Group repurchased a total of 389,739 shares of common stock for approximately US$25 million in the first six months of 2018.

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