Alaska Air Group, Inc. announced record profits when its third quarter earnings were released Oct. 25.
The airline company reported $150.3 million in net earnings for the quarter, compared with $131.1 million in the third quarter of 2011. Total revenue for the quarter was $1.3 billion.
“This is the highest quarterly profit in our history and it’s the 14th consecutive quarterly profit that we’ve reported,” Brad Tilden, president and CEO, said.
Alaska Air Group manages Alaska Airlines and the smaller Horizon Air.