Alaska Air Group Inc., operator of Alaska Airlines and Horizon Air, said more traffic partly due to aggressive fare promotions and higher revenue helped it posted a $24.1 million fourth-quarter profit. The company, based in Seattle, said Thursday its earnings for the final three months of ...

Alaska Air Group Inc., operator of Alaska Airlines and Horizon Air, reports fourth-quarter results on Thursday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: The Seattle-based company is expected to post an adjusted profit for the October-December quarter. Alaska Air could do ...

Virgin America has maintained its status as a domestic US carrier after agreeing to a series of changes in its ownership and management structure, officials said Friday. The Department of Transportation (DOT) said its review concluded that the carrier loosely tied to Richard Branson's British-based Virgin Group "remains a US citizen and remains under the actual control of US ...

The Transportation Department has rejected an Alaska Airlines challenge to the U.S. citizenship status of privately held carrier Virgin America. The agency said Friday that Virgin America remains a U.S. citizen and remains under the actual control of U.S. citizens. Under U.S. law, foreign ownership ...