Alaska Air Groupreported fourth quarter 2012 GAAP net income of $44m, compared to GAAP net income of $64m in 2011. Excluding mark-to-market fuel hedge losses of $10m ($6m after tax), the company reported record fourth quarter 2012 net income of $50m, compared to net income excluding mark-to-market fuel hedge gains of $37m in 2011. The company reported full-year 2012 GAAP net income of $316m, compared to $245m in the prior year. Excluding the impact of special items, the company reported record net income of $339m, compared to net income of $287m in 2011. This marks the company’s ninth consecutive year of adjusted profits and the third year in a row the company has exceeded its goal of a 10% return on invested capital.
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Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
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Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada