Alaska Air Group Reports June 2014 Operational Results

Jul 03, 2014, 08:00 ET from Alaska Air Group

SEATTLE, July 3, 2014 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported June 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 5.3 percent increase in traffic on a 5.5 percent increase in capacity compared to June 2013. This resulted in a 0.2 point decrease in load factor to 86.9 percent. 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 June and year-to-date 2014, compared to the prior-year periods:

June

Year-to-Date

2014

2013

Change

2014

2013

Change

Revenue passengers (in thousands)

2,609

2,457

6.2%

14,002

13,326

5.1%

Revenue passenger miles RPM (in millions)

2,733

2,596

5.3%

14,832

14,181

4.6%

Available seat miles ASM (in millions)

3,144

2,980

5.5%

17,341

16,530

4.9%

Passenger load factor

86.9%

87.1%

(0.2) pts

85.5%

85.8%

(0.3) pts

ALASKA AIRLINES - MAINLINE Alaska reported a 4.7 percent increase in traffic on a 4.7 percent increase in capacity compared to June 2013. This resulted in a flat load factor of 87.4 percent. Alaska also reported 85.9 percent of its flights arrived on time in June, compared to the 87.4 percent reported in June 2013.

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

June

Year-to-Date

2014

2013

Change

2014

2013

Change

Revenue passengers (in thousands)

1,887

1,793

5.2%

10,044

9,608

4.5%

RPMs (in millions)

2,475

2,364

4.7%

13,431

12,901

4.1%

ASMs (in millions)

2,831

2,704

4.7%

15,590

14,946

4.3%

Passenger load factor

87.4%

87.4%

— pts

86.2%

86.3%

(0.1) pts

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

85.9%

87.4%

(1.5) pts

87.8%

87.7%

0.1 pts

HORIZON AIR Horizon reported a 2.1 percent increase in June traffic on a 5.8 percent increase in capacity compared to June 2013. This resulted in a 2.9 point decrease in load factor to 81.1 percent. Horizon also reported 92.9 percent of its flights arrived on time in June, compared to the 89.2 percent reported in June 2013.

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

June

Year-to-Date

2014

2013

Change

2014

2013

Change

Revenue passengers (in thousands)

649

614

5.7%

3,570

3,449

3.5%

RPMs (in millions)

193

189

2.1%

1,061

1,050

1.0%

ASMs (in millions)

238

225

5.8%

1,345

1,315

2.3%

Passenger load factor

81.1%

84.0%

(2.9) pts

78.9%

79.8%

(0.9) pts

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

92.9%

89.2%

3.7 pts

88.9%

89.4%

(0.5) pts

Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK), together 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 Network Carriers" in the J.D. Power and Associates for seven consecutive years from 2008 to 2014. Alaska Airlines' Mileage Plan also ranked highest in the 2014 Airline Loyalty/Rewards Program Satisfaction Report. For reservations, visit www.alaskaair.com. For more news and information, visit the Alaska Airlines Newsroom at www.alaskaair.com/newsroom.

SOURCE Alaska Air Group



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