In a tough quarter for airlines, Alaska Air ekes out a profit: (via seattletimes)
A long line of travelers waits for Alaska Airlines customer service at Seattle-Tacoma International Airport on Tuesday morning, December 28, 2021.
For the full year, Alaska reported a net profit of $478 million, or $3.77 per share. However, this profit was possible during the pandemic because of the federal Payroll Support Program that provided $914 million to the airline in the first half of 2021. “We have laid a solid foundation for our return to 100% of our pre-COVID flying by summer 2022 and we’re poised to grow from there,” Minicucci said.
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