Alaska Air Group (ALK) Tops Q4 EPS by 6c

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Alaska Air Group Reports Record Adjusted Fourth Quarter 2015 and Full-Year Results and Raises Dividend 38%

January 21, 2016 8:01 AM EST

SEATTLE, Jan. 21, 2016 /PRNewswire/ --

Financial Highlights:

Reported record fourth quarter net income, excluding special items, of $186 million, a 49% increase over the fourth quarter of 2014. Adjusted diluted earnings per share of $1.46 was a 55% increase over the fourth quarter of 2014. This quarter's results compare to a First Call analyst consensus estimate of $1.40 per share.  Reported record full-year net income, excluding special items, of $842 million, a 47% increase over 2014. Adjusted diluted earnings per share of $6.51 was a 56% increase compared to 2014. Reported net income for the fourth quarter and full year under Generally Accepted... More

Alaska Air Group Increases Quarterly Dividend by 38%

January 21, 2016 8:01 AM EST

SEATTLE, Jan. 21, 2016 /PRNewswire/ --The board of directors of Alaska Air Group (NYSE: ALK) declared a quarterly cash dividend of 27.5 cents per share, payable March 8, 2016 to all shareholders of record as of Feb. 23, 2016. This is the third time the company has raised the dividend since initiating it in... More

Alaska Airlines Names New Managing Director, Station Operations

January 20, 2016 3:15 PM EST

SEATTLE, Jan. 20, 2016 /PRNewswire/ -- Alaska Airlines has named 18-year Alaska Airlines' veteran Matt Prainito managing director of airport operations. In his new role, Prainito will coordinate regional directors, overseeing airport operations and lead customer service across 6 operating regions except Seattle.

"Award winning customer service is central to Alaska's identity," said Jeff Butler, Alaska Airlines' vice president, airport operations and customer service. "Matt is a savvy and determined leader who truly embodies the customer-oriented spirit of Alaska Airlines. His loyalty to his employees and his... More