Alaska Airlines Boeing 737-900 ER WL N283AK (msn 36358) PAE (Nick Dean). Image: 940240.

Financial Highlights:

  • Reported net income for the second quarter under Generally Accepted Accounting Principles (GAAP) of $193 million, or $1.56 per diluted share, compared to net income of $293 million, or $2.36 per diluted share in the second quarter of 2017. As the company has recently implemented new accounting standards, including the standards relating to revenue recognition and retirement benefits, 2017 financial information has been adjusted.
  • Reported second quarter 2018 adjusted…