* $829 mln revenue outpaces analyst estimates
* Per-share income in line with expectations
WASHINGTON, April 22 Alaska Air Group Inc
(ALK.N) outpaced Wall Street revenue estimates and met
per-share expectations on Thursday as it swung to a rare
quarterly profit in the year's traditionally weakest period.
The parent of Alaska Airlines and regional carrier Horizon
Air reported $829.9 million in operating revenues on the
strength of rebounding demand, capacity controls, and stronger
pricing power. That result bested average analyst estimates of
$816.4 million, according to Thomson Reuters I/B/E/S.
Excluding fuel hedge losses, the company reported
first-quarter earnings of $13.1 million, or 36 cents per share,
compared with a net loss, excluding special items, of $25.4
million, or 70 cents per share in the year-earlier period.
Analysts had estimated per-share income of 35 cents.
(Reporting by John Crawley, editing by Gerald E. McCormick)