Alaska Air Loses $34 Million; Traffic Returns, But Yields Weak
Alaska Air Group reported a $34.4 million first quarter net loss, slightly more than the 2001 loss of $33.1 million, but officials reported that the traffic rebound exceeded expectations. Revenues were down 3.7% to $497 million, but shrewd cost cutting allowed a 3% expense decline. "Traffic...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
