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Alaska Air Group's profit, revenues rise in third quarter

NEW YORK, Oct 25 (Reuters) - Alaska Air Group on Wednesday said it had a third quarter net income of $278 million, excluding costs related to fuel hedging and the carrier's acquisition of rival Virgin America, and earnings of $2.14 per share.

Alaska Air's third quarter results compare favorably to the year prior, outperforming itself in key metrics, including a 35 percent increase in total operating revenue to $2.12 billion, as it continues the process of integrating with the small but popular West Coast carrier Virgin America.

(Reporting by Alana Wise)