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Thursday, October 20, 2011

Alaska Air's Profit Falls 37%

Alaska Air's Profit Falls 37% By JACK NICAS Alaska Air Group Inc. posted a 37% drop in its third-quarter profit, as a steep decline in oil prices prompted the company to make noncash markdowns to its fuel hedges. The parent of Seattle-based Alaska Airlines said hedge markdowns and ... Alaska Air's Profit Falls 37%

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