Thursday, 26 July 2007

Alaska Air Q2 profit narrows, misses estimate

(Reuters) - WASHINGTON, July 26 - Alaska Air Group Inc. reported a narrower quarterly profit on Thursday that fell short of Wall Street expectations, weighed down by higher fuel costs and a softer revenue environment.



Seattle-based Alaska, the parent of Alaska Airlines and Horizon Air, said net income was $46.1 million, or $1.13 per share, compared with $55.5 million, or $1.38 per share, a year ago.


Read more at Reuters.com Market News

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