| Alaska Air Group Reports 2007 Full Year and Fourth Quarter Results
A summary of financial and statistical data for Alaska Airlines and Horizon Air, as well as a reconciliation of the reported non-GAAP financial measures, can be found on pages 7 through 11. A conference call regarding the full year and fourth quarter 2007 results will be simulcast via the Internet at 8:30 a.m. Pacific time on Jan. 24, 2008. It can be accessed through the company's Web site at alaskaair.com/investors. For those unable to listen to the live broadcast, a replay will be available after the conclusion of the call at alaskaair.com/investors. References in this report to "Air Group," "company," "we," "us," and "our" refer to Alaska Air Group, Inc. and its subsidiaries, unless otherwise specified. Alaska Airlines, Inc. and Horizon Air Industries, Inc. are referred to as "Alaska" and "Horizon," respectively, and together as our "airlines." This report contains forward-looking statements that are intended to be subject to the safe harbor protection provided by Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995.
ET Guide
In a way, though, it had already started back home in the late 1950s with the arrival of James Dean's Rebel Without a Cause at the Rivoli Cinema. By the time the film was screening, Dean had already been killed in a car crash. Looking back now, I realize that it was not the film's theme (the generation gap) that made Dean a legend. No, it was the blue denim jeans and the red zip-up jacket ‘Jimmie' wore in the film that really started the youth revolution. Klonaris, a Downtown sportswear shop (which still exists to this day) on Abdel Khalek Tharwat Street, offered a similar version of that zip-up jacket, but I arrived too late to buy the red one — they had sold out, and I had to make do with a khaki substitute. A few years later though, I had no problem buying an Aquascotum suit similar to Sean Connery's in Goldfinger (1964), but that was from a London store.
Revolution in the power lines
A QUIET revolution in the way the nation plans for its future electricity needs took place in Holyoke earlier this month, when the operator of the region's power grid held an auction for the cheapest ways to meet demand until 2011. The big winner was conservation. The recent auction by the nonprofit Independent System Operator New England was the first in the country in which bidders could propose ways to cut demand and increase efficiency, instead of just increasing supply. The auction proved that it can be cheaper for a system to arrange, for instance, for big power users to ease off the air-conditioning on the hottest days than for the system to look to other options, such as the construction of new peak-power plants that burn costly natural gas. Looking ahead to 2010 and 2011, the ISO had decided it needed about 1,800 new megawatts of capacity - enough to power about 1.3 million homes.
Ross Garnaut says greenhouse gas targets to tackle climate change are ...
THE V8, bar fridge and dodgy air-conditioner could be things of the past as the man commissioned to review climate change policy urges MASSIVE cuts. Professor Ross Garnaut released his interim report from the Garnaut Climate Change Review in Adelaide today and warns Australia could "possibly be the biggest loser among developed nations". The report also states that Australia’s interest in strong global action stems from its "exceptional sensitivity to climate change", and its "exceptional opportunity to do well in a world of effective global mitigation". "We have many resources and skills that will allow us to convert strong global action into an economic opportunity," Professor Garnaut said. "We have a first-rate skills base in areas related to innovation, management and financial services.
Dining with the sharks is a thrill
Most of us don't encounter sharks in our daily lives, so our impressions come from movies and news reports. We know that sharks occasionally attack and sometimes kill vacationers wading in the warm waters of a Florida beach or surfers in California or Australia. .
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