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.
