Alaska Air Group

Alaska Air Group reported a first quarter net loss of $35.9 million compared to a net loss of $10.3 million in the first quarter of 2007. Both periods include adjustments resulting from mark-to-market fuel hedge accounting. Excluding the impact of these adjustments, the company would have reported a net loss of $36.3 million compared to

Alaska Air Group released that its board of directors approved a stock repurchase program authorizing the company to purchase up to $50 million of its common stock. The new program follows the completion on Feb. 29, 2008, of a program to repurchase $100 million of the company’s outstanding stock. Under the program just completed, the

Alaska Air Group reported full year net income of $125.0 million compared to a net loss of $52.6 million in 2006. The company reported fourth quarter net income of $7.4 million compared to a net loss of $11.6 million in 2006.