Welcome to Flightinfo.com

  • Register now and join the discussion
  • Friendliest aviation Ccmmunity on the web
  • Modern site for PC's, Phones, Tablets - no 3rd party apps required
  • Ask questions, help others, promote aviation
  • Share the passion for aviation
  • Invite everyone to Flightinfo.com and let's have fun

Alaska 110M Profit

Welcome to Flightinfo.com

  • Register now and join the discussion
  • Modern secure site, no 3rd party apps required
  • Invite your friends
  • Share the passion of aviation
  • Friendliest aviation community on the web

igneousy2

Well-known member
Joined
Apr 3, 2004
Posts
1,262
SEATTLE, July 26, 2012 /PRNewswire via COMTEX/ -- Second quarter highlights with comparison to 2011:
Reported record second quarter net income, excluding special items, of $110.8 million, or $1.53 per diluted share, compared to adjusted net income of $89.6 million, or $1.22 per diluted share. This quarter's results compare to a First Call mean estimate of $1.51 per share.
Earned net income under Generally Accepted Accounting Principles (GAAP) of $67.5 million, or $0.93 per diluted share, compared to net income of $28.8 million, or $0.39 per diluted share.
Held the No. 1 spot in U.S. Department of Transportation on-time performance among the 10 largest U.S. airlines for the twelve months ended May 2012.
Improved employee productivity by 3.7 percent.
Achieved trailing twelve-month return on invested capital of 12.3 percent, compared to 11.5 percent in the twelve months ended June 30, 2011.
Lowered adjusted debt-to-total capitalization ratio by 4 points, to 58 percent, since December 31, 2011.
Held $1.2 billion in unrestricted cash and marketable securities as of June 30, 2012.
Received "Positive" outlook from Standard and Poor's, up from "Stable."
Ratified a six-year agreement on July 18, 2012, with the International Association of Machinists and Aerospace Workers (IAMAW) representing Alaska's ramp service and stores agents.
Second quarter recognitions:
Ranked "Highest in Customer Satisfaction Among Traditional Network Carriers" in 2012 by J.D. Power and Associates for the fifth year in a row.
Named "Best Regional Airline in North America" at the 2012 World Airline Awards.
Earned "Eco-Partnership of the Year Award" by Air Transport World magazine.
Recognized as the 2011 Best Company in the Northwest by The Seattle Times.
Received "2012 Fly Quiet Bravo Award" by the Port of Seattle Commission.
 
Nothing to see here....move along....AS is just a little tiny airline with an ugly FA on the tail.....nobody wants to buy us.....but we will code share with you!!
 
:laugh:How mUch of that profit did we "steal" from mother Delta??

Mookie
 
Nothing to see here....move along....AS is just a little tiny airline with an ugly FA on the tail.....nobody wants to buy us.....but we will code share with you!!


They always told us it was Colleen on the tail... (although a certain segment of our pilot group swears it's June Morris)

Bubba
 
Sad but true. Too bad there is not a law firm that specializes in airline pilot contracts. Professional negotiators and contract writers vs volunteer pilots.

You're misinformed.

Call RD on the negotiating committee to get educated--the guy loves to talk. It's not just our "volunteer pilots" vs. management and Ford Harrison.
 

Latest resources

Back
Top