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.