“Aviation Week industry magazine ranked SeaTac-based Alaska Airlines as the top performing airline in the world.
Alaska bumped Singapore Airlines, which has held the top spot in the survey for five consecutive years,” quoting the Tacoma News Tribune’s John Gillie.
From Aviation Week’s Adrian Schofield:
“Alaska Air Group is the top-performing airline in the major/legacy category, an impressive result for a relatively small, independent carrier. Alaska had its best year in recent times in 2009. It posted a $121.6-million net profit, reversing the previous years loss of $135.9 million. Earlier this year, Alaska posted a first-quarter profit of $5.3 million, the third time in 11 years it has been in the black for this quarter. In terms of the TPA study, the airline doubled its total score versus 2008. This was enough to unseat Singapore Airlines, which had been No. 1 in the majors rankings for five years. The TPA Council of Advisers concur that Alaska is an example of a well-led carrier with a sound business model and that remaining unaligned will continue to work to its advantage.”
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