Alaska Air Group reports third quarter 2019 results

Alaska Airlines ©AirTeamImages

Alaska Air Group has reported net income for the third quarter of 2019 under Generally Accepted Accounting Principles (GAAP) of US$322 million compared to net income of US$217 millionin the third quarter of 2018.

Alaska has reported net income for the third quarter of 2019, excluding merger-related costs and mark-to-market fuel hedge accounting adjustments, of US$326 million, compared to US$237 million in the third quarter of 2018. This quarter’s adjusted results compare to the First Call analyst consensus estimate of US$2.52 per share.

The Group generated US$1.4 billion of operating cash flow in the first nine months of 2019.

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