Article: ALASKA AIRLINES FLIES LIKE A PHOENIX CARRIER EMERGES INTACT AFTER A FATAL CRASH AND HOST OF OTHER PROBLEMS.(News)

A year after the crash of Flight 261, Alaska Air Group Inc. is on the road to financial recovery, with a healthier stock price and improving operations.

But the progress doesn't insulate Alaska Air from competitors who may try to snatch its airplanes and its Eskimo logo from the Seattle skies.

In 2000, Alaska Airlines suffered through a financial nightmare. The airline struggled with operational problems and abandoned plans for growth, while coping with soaring fuel prices and intense scrutiny from regulators and the media.

But, Seattle-based Alaska Air Group survived. The company's airplanes are performing near previous levels. It passed a ...

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