Alaska Air Group reports December 2017 and full-year operational results January 12, 2018 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. today reported December and full-year operational results on a consolidated basis, for its mainline operations operated by subsidiaries Alaska Airlines, Inc. (Alaska) and... SEATTLE, Jan. 12, 2018 /PRNewswire/ — Alaska Air Group, Inc. today reported December and full-year operational results on a consolidated basis, for its mainline operations operated by subsidiaries Alaska Airlines, Inc. (Alaska) and Virgin America Inc. (Virgin America), and for its regional flying operated by subsidiary Horizon Air Industries, Inc. (Horizon) and third-party regional carriers SkyWest Airlines and Peninsula Airlines. Air Group’s acquisition of Virgin America took place on Dec. 14, 2016. Operational results below include Virgin America results from pre-acquisition periods for comparison. AIR GROUPOn a combined basis for all operations, Air Group reported a 9.2 percent increase in traffic on a 10.3 percent increase in capacity compared to December 2016. Load factor decreased 0.8 points to 82.3 percent. The following table shows the operational results for December and full-year 2017, compared to the prior-year periods(1): December Full-Year 2017 2016 Change 2017 2016 Change Revenue passengers (000) 3,719 3,509 6.0% 44,034 41,947 5.0% Revenue passenger miles RPM (000,000) "traffic" 4,505 4,125 9.2% 52,337 48,754 7.3% Available seat miles ASM (000,000) "capacity" 5,475 4,962 10.3% 62,070 57,953 7.1% Passenger load factor 82.3% 83.1% (0.8) pts 84.3% 84.1% 0.2 pts (1) 2016 information has been adjusted to include Virgin America operating results for comparison. ALASKAAlaska reported a 7.3 percent increase in traffic on an 8.4 percent increase in capacity compared to December 2016. Load factor decreased 0.9 points to 84.1 percent. Alaska also reported 83.4 percent of its flights arrived on time in December 2017, compared to 76.1 percent reported in December 2016. The following table shows Alaska’s operational results for December and full-year 2017, compared to the prior-year periods: December Full Year 2017 2016 Change 2017 2016 Change Revenue passengers (in thousands) 2,202 2,052 7.3% 26,111 24,421 6.9% RPMs (in millions) 3,011 2,806 7.3% 35,300 32,859 7.4% ASMs (in millions) 3,579 3,302 8.4% 41,464 38,715 7.1% Passenger load factor 84.1% 85.0% (0.9) pts 85.1% 84.9% 0.2 pts On-time arrivals as reported to U.S. DOT(1) 83.4% 76.1% 7.3 pts 82.6% 87.3% (4.7) pts VIRGIN AMERICAVirgin America traffic increased 12.3 percent on a 12.7 percent increase in capacity compared to December 2016. Load factor decreased 0.3 points to 78.9 percent. Virgin America also reported 82.5 percent of its flights arrived on time in December 2017, compared to 70.2 percent in December 2016. The following table shows Virgin America operational results for December and full-year 2017, compared to the prior-year periods: December Full Year 2017 2016 Change 2017 2016 Change Revenue passengers (in thousands) 745 675 10.4% 8,428 8,073 4.4% RPMs (in millions) 1,138 1,013 12.3% 12,936 12,175 6.3% ASMs (in millions) 1,442 1,279 12.7% 15,479 14,575 6.2% Passenger load factor 78.9% 79.2% (0.3) pts 83.6% 83.5% 0.1 pts On-time arrivals as reported to U.S. DOT 82.5% 70.2% 12.3 pts 70.0% 76.8% (6.8) pts REGIONALRegional traffic increased 16.3 percent on a 19.2 percent increase in capacity compared to December 2016. Load factor decreased 1.9 points to 78.4 percent. Alaska’s regional partners also reported 80.4 percent of flights arrived on time in December 2017, compared to 61.6 percent in December 2016. The following table shows regional operational results for December and full-year 2017, compared to the prior-year periods: December Full Year 2017 2016 Change 2017 2016 Change Revenue passengers (in thousands) 772 782 (1.3)% 9,495 9,451 0.5% RPMs (in millions) 356 306 16.3% 4,101 3,720 10.2% ASMs (in millions) 454 381 19.2% 5,127 4,661 10.0% Passenger load factor 78.4% 80.3% (1.9) pts 80.0% 79.8% 0.2 pts On-time arrivals(1) 80.4% 61.6% 18.8 pts 80.1% 85.2% (5.1) pts Alaska Airlines, together with Virgin America and its regional partners, flies 40 million guests a year to more than 115 destinations with an average of 1,200 daily flights across the United States and to Mexico, Canada, Costa Rica and Cuba. With Alaska and Alaska Global Partners, guests can earn and redeem miles on flights to more than 900 destinations worldwide. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers in North America" in the J.D. Power North America Satisfaction Study for 10 consecutive years from 2008 to 2017. Learn more about Alaska’s award-winning service at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines, Virgin America and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK). 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