Airline financial analysts at AirlineFinancials.com expect SeaTac's Alaska Air Group to show the greatest profit margin among major domestic carriers as those airlines announce their earnings for 2010.
The website is predicting the eight largest U.S. airlines will report nearly $4 billion in profits on $122.2 billion in revenues for last year.
Analysts there predict that Alaska Air Group, parent company of Alaska Airlines and Horizon Air, will report $251 million in profits for 2010 when it reports its earnings next Tuesday. That profit level would give Alaska a 6.6 percent profit or 2.1 percentage points more than the next best major carrier, United, which is expected to post a 4.5 percent profit for the year.
Alaska’s 10-year effort to improve its efficiency with new planes, better routing and careful use of staff has given it an advantage over other carriers. The airline holding company also has been adept at using fuel hedging to keep its fuel costs stable even when oil prices are rising.