Alaska Air Group Reports October Operational Results

05 Nov, 2013, 09:00 ET from Alaska Air Group Inc.

SEATTLE, Nov. 5, 2013 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported October 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 3.8 percent increase in traffic on a 5.1 percent increase in capacity compared to October 2012. This resulted in a 1.0 point decrease in load factor to 84.2 percent. Alaska also reported 89.7 percent of its flights arrived on time in October, compared to the 86.8 percent reported in October 2012.

The following table shows Alaska's operational results for October and year-to-date 2013, compared to the prior-year periods:

October

Year-to-Date

2013

2012

Change

2013

2012

Change

Revenue passengers (in thousands)

1,563

1,469

6.4

%

16,536

15,482

6.8

%

Revenue passenger miles RPM (in millions)

2,019

1,944

3.8

%

21,883

20,296

7.8

%

Available seat miles ASM (in millions)

2,399

2,283

5.1

%

25,372

23,407

8.4

%

Passenger load factor

84.2

%

85.2

%

(1.0) pt

86.3

%

86.7

%

(0.4) pts

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

89.7

%

86.8

%

2.9 pts

87.3

%

87.9

%

(0.6) pts

HORIZON AIR Horizon reported a 1.0 percent increase in traffic on a 1.2 percent decrease in capacity compared to October 2012. This resulted in a 1.7 point increase in load factor to an October record of 79.4 percent. Horizon also reported 89.4 percent of its flights arrived on time in October, compared to the 90.6 percent reported in October 2012.

The following table shows Horizon's operational results for October and year-to-date 2013, compared to the prior-year periods:

October

Year-to-Date

2013

2012

Change

2013

2012

Change

Revenue passengers (in thousands)

589

573

2.9

%

5,916

5,626

5.2

%

RPMs (in millions)

178

177

1.0

%

1,807

1,736

4.1

%

ASMs (in millions)

225

227

(1.2)

%

2,233

2,224

0.4

%

Passenger load factor

79.4

%

77.7

%

1.7 pts

80.9

%

78.0

%

2.9 pts

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

89.4

%

90.6

%

(1.2) pts

88.6

%

91.7

%

(3.1) pts

AIR GROUP On a combined basis, Air Group reported a 3.3 percent increase in traffic on a 4.3 percent increase in capacity compared to October 2012. This resulted in a 0.9 point decrease in load factor to 83.7 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 October and year-to-date 2013, compared to the prior-year periods:

October

Year-to-Date

2013

2012

Change

2013

2012

Change

Revenue passengers (in thousands)

2,198

2,093

5.0

%

22,919

21,603

6.1

%

RPMs (in millions)

2,236

2,164

3.3

%

24,088

22,451

7.3

%

ASMs (in millions)

2,670

2,559

4.3

%

28,067

26,117

7.5

%

Passenger load factor

83.7

%

84.6

%

(0.9) pts

85.8

%

86.0

%

(0.2) 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. Alaska Airlines has ranked "Highest in Customer Satisfaction Among Traditional Network Carriers" in the J.D. Power and Associates North America Airline Satisfaction Study(SM) for six consecutive years from 2008 to 2013. 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 Inc.



RELATED LINKS

http://www.alaskaair.com