Alaska Air Group Reports December 2014 and Full-Year Operational Results

Alaska Air Group Inc. (NYSE: ALK) today reported December 2014 and year-end operational results on a consolidated basis, and for its subsidiaries, Alaska Airlines and Horizon Air. Detailed...

SEATTLE, Jan. 6, 2015 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported December 2014 and year-end operational results on a consolidated basis, and for its subsidiaries, Alaska Airlines and Horizon Air. Detailed information is provided below.  

AIR GROUP (including flights operated by third parties)
On a combined basis, Air Group reported a 9.1 percent increase in traffic on a 12.3 percent increase in capacity compared to December 2013. This resulted in a 2.5-point decrease in load factor to 85.0 percent. These statistics include flights operated by Alaska and those under capacity purchase arrangements, including Horizon, SkyWest and a small third-party carrier in the state of Alaska.

The following table shows the operational results for December and full-year 2014, compared to the prior-year periods:

 

December

 

Full Year

 

2014

 

2013

 

Change

 

2014

 

2013

 

Change

Revenue passengers (in thousands)

2,559

 

2,351

 

8.8%

 

29,278

 

27,414

 

6.8%

Revenue passenger miles RPM (in millions)

2,707

 

2,481

 

9.1%

 

30,718

 

28,833

 

6.5%

Available seat miles ASM (in millions)

3,184

 

2,836

 

12.3%

 

36,078

 

33,672

 

7.1%

Passenger load factor

85.0%

 

87.5%

 

(2.5) pts

 

85.1%

 

85.6%

 

(0.5) pts

 

ALASKA AIRLINES – MAINLINE
Alaska reported a 9.4 percent increase in traffic on a 12.7 percent increase in capacity compared to December 2013. This resulted in a 2.6-point decrease in load factor to 85.4 percent. Alaska also reported 80.0 percent of its flights arrived on time in December, compared to the 85.4 percent reported in December 2013.

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

 

December

 

Year-to-Date

 

2014

 

2013

 

Change

 

2014

 

2013

 

Change

Revenue passengers (in thousands)

1,830

 

1,672

 

9.4%

 

20,972

 

19,737

 

6.3%

RPMs (in millions)

2,453

 

2,243

 

9.4%

 

27,778

 

26,172

 

6.1%

ASMs (in millions)

2,874

 

2,550

 

12.7%

 

32,430

 

30,411

 

6.6%

Passenger load factor

85.4%

 

88.0%

 

(2.6) pts

 

85.7%

 

86.1%

 

(0.4) pts

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

80.0%

 

85.4%

 

(5.4) pts

 

86.0%

 

87.0%

 

(1.0) pts

 

HORIZON AIR
Horizon reported a 1.6 percent increase in traffic on a 3.5 percent increase in capacity compared to December 2013. This resulted in a 1.5-point decrease in load factor to 80.8 percent. Horizon also reported 81.0 percent of its flights arrived on time in December, compared to the 78.3 percent reported in December 2013.

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

 

December

 

Year-to-Date

 

2014

 

2013

 

Change

 

2014

 

2013

 

Change

Revenue passengers (in thousands)

652

 

621

 

5.0%

 

7,455

 

7,099

 

5.0%

RPMs (in millions)

189

 

186

 

1.6%

 

2,207

 

2,163

 

2.0%

ASMs (in millions)

234

 

226

 

3.5%

 

2,780

 

2,678

 

3.8%

Passenger load factor

80.8%

 

82.3%

 

(1.5) pts

 

79.4%

 

80.8%

 

(1.4) pts

On-time arrivals

81.0%

 

78.3%

 

2.7 pts

 

88.0%

 

87.8%

 

0.2 pts

 

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves more than 100 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers" in the J.D. Power North American Airline Satisfaction Study for seven consecutive years from 2008 to 2014. Alaska Airlines' Mileage Plan also ranked highest in the J.D. Power 2014 Airline Loyalty/Rewards Program Satisfaction Report. 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