Alaska Air Group Reports March 2014 Operational Results

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

SEATTLE, April 3, 2014 /PRNewswire/ --Alaska Air Group Inc. (NYSE: ALK) today reported March and year-to-date operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below.

ALASKA AIRLINES - MAINLINE Alaska reported a 4.0 percent increase in traffic on a 4.6 percent increase in capacity compared to March 2013. This resulted in a 0.6 point decrease in load factor to 87.7 percent. Alaska also reported a record 88.1 percent of its flights arrived on time in March, compared to the 85.5 percent reported in March 2013.

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

March

Year-to-Date

2014

2013

Change

2014

2013

Change

Revenue passengers (in thousands)

1,743

1,680

3.7

%

4,737

4,534

4.5

%

Revenue passenger miles RPM (in millions)

2,360

2,270

4.0

%

6,402

6,172

3.7

%

Available seat miles ASM (in millions)

2,690

2,570

4.6

%

7,495

7,203

4.1

%

Passenger load factor

87.7

%

88.3

%

(0.6)

pts

85.4

%

85.7

%

(0.3)

pts

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

88.1

%

85.5

%

2.6

pts

87.1

%

87.6

%

(0.5)

pts

HORIZON AIR Horizon reported a 1.6 percent increase in March traffic on a 2.6 percent increase in capacity compared to March 2013. This resulted in a 1.0 point decrease in load factor to 79.9 percent. Horizon also reported 85.4 percent of its flights arrived on time in March, compared to the 90.0 percent reported in March 2013.

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

March

Year-to-Date

2014

2013

Change

2014

2013

Change

Revenue passengers (in thousands)

630

602

4.7

%

1,737

1,680

3.4

%

RPMs (in millions)

187

184

1.6

%

519

511

1.6

%

ASMs (in millions)

234

228

2.6

%

668

648

3.1

%

Passenger load factor

79.9

%

80.9

%

(1.0)

pts

77.7

%

78.8

%

(1.1)

pts

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

85.4

%

90.0

%

(4.6)

pts

84.7

%

89.0

%

(4.3)

pts

AIR GROUP On a combined basis, Air Group reported a 4.7 percent increase in traffic on a 5.4 percent increase in capacity compared to March 2013. This resulted in a 0.6 point decrease in load factor to 87.1 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 March and year-to-date 2014, compared to the prior-year periods:

March

Year-to-Date

2014

2013

Change

2014

2013

Change

Revenue passengers (in thousands)

2,442

2,326

5.0

%

6,649

6,346

4.8

%

RPMs (in millions)

2,607

2,491

4.7

%

7,078

6,796

4.1

%

ASMs (in millions)

2,994

2,840

5.4

%

8,352

7,983

4.6

%

Passenger load factor

87.1

%

87.7

%

(0.6)

pts

84.7

%

85.1

%

(0.4)

pts

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves nearly 100 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. 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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