Alaska Air Group reported a second-quarter net income of $234 million, up 41.8 percent year over year,

on Thursday. Total passenger revenue increased 5 percent year over year to $1.2 billion. Consolidated capacity increased 10.7 percent, and traffic increased 9 percent, contributing to the carrier’s load factor declining 1.4 percentage points year over year to 84.9 percent. Passenger revenue per available seat mile declined 5.3 percent year over year, and cost per available seat mile declined 3.5 percent, not counting a 33.8 percent decline in fuel cost per gallon. Yield declined 3.8 percent year over year.