Alaska Air Group Reports July Operational Results

05 Aug, 2014, 08:00 ET from Alaska Air Group

SEATTLE, Aug. 5, 2014 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported July and year-to-date operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below.

AIR GROUP

On a combined basis, Air Group reported a 7.0 percent increase in traffic on a 7.0 percent increase in capacity compared to July 2013. This resulted in a load factor of 88.6 percent, consistent with July 2013. These statistics include flights operated by Alaska and those under capacity purchase agreements, including Horizon, SkyWest and PenAir.

The following table shows the operational results for July and year-to-date 2014, compared to the prior-year periods:

July

Year-to-Date

2014

2013

Change

2014

2013

Change

Revenue passengers (in thousands)

2,829

2,624

7.8%

16,830

15,950

5.5%

Revenue passenger miles RPM (in millions)

2,960

2,767

7.0%

17,792

16,947

5.0%

Available seat miles ASM (in millions)

3,342

3,124

7.0%

20,683

19,654

5.2%

Passenger load factor

88.6%

88.6%

— pts

86.0%

86.2%

(0.2) pts

ALASKA AIRLINES - MAINLINE

Alaska reported a 6.3 percent increase in traffic on a 6.1 percent increase in capacity compared to July 2013. This resulted in a 0.1 point increase in load factor to a record 89.0 percent. Alaska also reported 84.0 percent of its flights arrived on-time in July, compared to 84.5 percent reported in July 2013.

The following table shows Alaska's operational results for July and year-to-date 2014, compared to the prior-year periods:

July

Year-to-Date

2014

2013

Change

2014

2013

Change

Revenue passengers (in thousands)

2,056

1,924

6.9%

12,099

11,532

4.9%

RPMs (in millions)

2,680

2,521

6.3%

16,112

15,422

4.5%

ASMs (in millions)

3,010

2,837

6.1%

18,600

17,783

4.6%

Passenger load factor

89.0%

88.9%

0.1 pts

86.6%

86.7%

(0.1) pts

On-time arrivals as reported to U.S. DOT

84.0%

84.5%

(0.5) pts

87.2%

87.2%

— pts

HORIZON AIR

Horizon reported a 3.5 percent increase in July traffic on a 6.3 percent increase in capacity compared to July 2013. This resulted in a 2.3 point decrease in load factor to 82.6 percent. Horizon also reported 86.9 percent of its flights arrived on-time in July, compared to the 89.4 percent reported in July 2013.

The following table shows Horizon's operational results for July and year-to-date 2014, compared to the prior-year periods:

July

Year-to-Date

2014

2013

Change

2014

2013

Change

Revenue passengers (in thousands)

692

649

6.6%

4,262

4,098

4.0%

RPMs (in millions)

209

202

3.5%

1,269

1,252

1.4%

ASMs (in millions)

253

238

6.3%

1,598

1,553

2.9%

Passenger load factor

82.6%

84.9%

(2.3) pts

79.4%

80.6%

(1.2) pts

On-time arrivals as reported to U.S. DOT

86.9%

89.4%

(2.5) pts

88.6%

89.4%

(0.8) pts

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serve 100 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers" in the J.D. Power North American Airline Satisfaction Study for seven consecutive years from 2008 to 2014. Alaska Airlines' Mileage Plan also ranked highest in the J.D. Power 2014 Airline Loyalty/Rewards Program Satisfaction Report. For reservations, visit www.alaskaair.com . For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at www.alaskaair.com/newsroom 

SOURCE Alaska Air Group



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