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Old 10-21-2021 | 07:38 AM
  #5477  
North48
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Default AK Air Gp Third Qtr Profitable

https://www.seattletimes.com/busines...it-since-2019/"Alaska Air Group, parent company of Alaska Airlines and regional carrier Horizon Air, made a third-quarter profit of $194 million, or $1.53 per share, its first profit unsupported by government grants since the end of 2019 and the onset of the COVID-19 pandemic. Minicucci called the financial results a “strong foundation for growth in 2022 and beyond. The promising financial results are likely to increase calls from the pilots’ union for the company to make concessions and agree to a new labor contract. Unrest among the pilots has been building as talks with the company failed, and management this month kicked the contract negotiations out to the National Mediation Board."
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