Alaska Air Group Reports August Operational Results September 2, 2011 Alaska Airlines 3 min read Share Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window) Alaska Air Group Inc. (NYSE: ALK) today reported August operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below.... SEATTLE, Sept. 2, 2011 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported August operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below. ALASKA AIRLINES Alaska reported a 7.6 percent increase in traffic on a 5.4 percent increase in capacity compared to August 2010. This resulted in a 1.8-point increase in load factor to an August record 88.3 percent. Alaska also reported that 90.8 percent of its flights arrived on time in August 2011, compared to the 88.8 percent reported in August 2010. The following table shows Alaska‘s operational results for August 2011 and year-to-date 2011, compared to the prior-year periods: August Year-to-Date 2011 2010 Change 2011 2010 Change Revenue passenger miles RPMs (in millions) 2,105 1,957 7.6% 15,204 13,488 12.7% Available seat miles ASMs (in millions) 2,385 2,263 5.4% 17,838 16,189 10.2% Passenger load factor 88.3% 86.5% 1.8pts 85.2% 83.3% 1.9pts Revenue passengers (in thousands) 1,698 1,602 6.0% 12,033 11,032 9.1% On-time arrivals as reported to U.S. DOT 90.8% 88.8% 2.0pts 88.1% 88.6% (0.5)pts HORIZON AIR Horizon reported an 18.5 percent decline in traffic on a 19.5 percent decline in capacity compared to August 2010. This resulted in a 1.0-point increase in load factor to an August record 82.9 percent. Horizon also reported that 92.7 percent of its flights arrived on time in August 2011, compared to the 80.5 percent reported in August 2010. The significant decline in capacity and traffic for Horizon from the prior year is due primarily to the completion of Horizon’s transition out of the CRJ-700 fleet and a corresponding reduction in the size of Horizon’s operating fleet from 53 aircraft at August 31, 2010, to 49 aircraft at August 31, 2011. This transition was completed in June of 2011. The following table shows Horizon’s operational results for August 2011 and year-to-date 2011, compared to the prior-year periods: August Year-to-Date 2011 2010 Change 2011 2010 Change RPMs (in millions) 191 234 (18.5)% 1,473 1,664 (11.5)% ASMs (in millions) 230 286 (19.5)% 1,893 2,208 (14.3)% Passenger load factor 82.9% 81.9% 1.0pts 77.8% 75.4% 2.4pts Revenue passengers (in thousands) 610 640 (4.8)% 4,492 4,575 (1.8)% On-time arrivals 92.7% 80.5% 12.2pts 83.9% 87.2% (3.3)pts AIR GROUP (including flights operated by third parties) On a combined basis, Air Group reported a 6.7 percent increase in traffic on a 4.4 percent increase in capacity compared to August 2010. This resulted in a 1.9-point increase in load factor to 87.9 percent. These statistics include flights operated by Alaska and Horizon, and those under capacity purchase arrangements with SkyWest and a small third-party carrier in the state of Alaska. The following table shows the operational results for August 2011 and year-to-date 2011, compared to the prior-year periods: August Year-to-Date 2011 2010 Change 2011 2010 Change RPMs (in millions) 2,342 2,196 6.7% 16,842 15,180 10.9% ASMs (in millions) 2,666 2,554 4.4% 19,927 18,443 8.0% Passenger load factor 87.9% 86.0% 1.9pts 84.5% 82.3% 2.2pts Revenue passengers (in thousands) 2,358 2,242 5.2% 16,689 15,607 6.9% Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK), together serve 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, 2010 and 2011 North America Airline Satisfaction Studies(SM). 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 Inc. Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window) Related