Alaska Airlines profits soar as airport workers wages stagnate.

Hooray for Alaska Airlines!

Alaska Air Group Inc. reported fourth-quarter net income rose to a record $77 million, or $1.10 per diluted share, from $50 million, or 70 cents a year earlier, besting analysts' expectations. ... For fiscal 2013, Alaska reported income rose to a record $383 million, or $5.40 per diluted share, from $339 million, or $4.73 per share in 2012.

And Alaska could really use that extra cash right now, what with how expensive it must be to hire all the lawyers and lobbyists necessary to fight against paying a $15 an hour minimum wage to Sea-Tac Airport workers like Alex Hoopes:

“My first priority is my health and having enough food,” said Hoopes, who used to make $21 an hour with benefits but lost his benefits and had his pay cut to $9.50 an hour after his airline job was outsourced to a multinational airport contractor.

On a related note, Alaska says that it shelled out $105 million in "incentive pay" last year, which I suppose is great for Alaska executives. But they paid fuck all to outsourced workers like Hoopes who make a fraction of what they did a decade ago. Because capitalism!