Alaska Air Group Reports February Operational Results

News provided by

Mar 02, 2011, 07:07 ET

SEATTLE, March 2, 2011 /PRNewswire/ -- Alaska Air Group, Inc. (NYSE: ALK) today reported February operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).

ALASKA AIRLINES

Alaska reported a 19.0 percent increase in traffic on a 16.5 percent increase in capacity, resulting in a 1.7-point increase in load factor to 81.5 percent. Alaska also reported that 82.1 percent of its flights arrived on time in February, a 4.1-point decrease compared to the 86.2 percent reported in February 2010.

The following table shows the operational results for February 2011, compared to the prior-year periods:

	February			Year-to-Date
	2011	2010	Change	2011	2010	Change
Revenue passenger miles
RPMs (in millions)	1,606	1,350	19.0%	3,312	2,823	17.3%
Available seat miles
ASMs (in millions)	1,971	1,692	16.5%	4,102	3,588	14.3%
Passenger load factor	81.5%	79.8%	1.7pts	80.7%	78.7%	2.0pts
Revenue passengers (in thousands)	1,251	1,106	13.1%	2,566	2,290	12.1%
On-time arrivals as reported
to U.S. DOT	82.1%	86.2%	(4.1)pts	83.8%	86.0%	(2.2)pts

HORIZON AIR

Horizon reported a 0.6 percent decline in traffic on a 6.5 percent decline in capacity compared to February 2010, resulting in a 4.5-point increase in load factor to 76.7 percent. Horizon also reported that 73.5 percent of its flights arrived on time in February 2011, a 15.5-point decrease compared to the 89.0 percent reported in February 2010.

The following table shows the operational results for February 2011, compared to the prior-year periods:

	February			Year-to-Date
	2011	2010	Change	2011	2010	Change
RPMs (in millions)	177	178	(0.6)%	360	362	(0.8)%
ASMs (in millions)	230	246	(6.5)%	484	515	(5.9)%
Passenger load factor	76.7%	72.2%	4.5pts	74.2%	70.4%	3.8pts
Revenue passengers (in thousands)	512	496	3.3%	1,050	1,018	3.1%
On-time arrivals	73.5%	89.0%	(15.5)pts	75.3%	87.7%	(12.4)pts

Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK), together serve more than 90 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 2008, 2009 and 2010 North America Airline Satisfaction Studies(SM). For reservations, visit alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at alaskaair.com/newsroom.

SOURCE Alaska Air Group, Inc.