Alaska Air Group Reports February Operational Results

Alaska Air Group Inc. (NYSE: ALK) today reported February and year-to-date operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information...

SEATTLE, March 5, 2014 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported February 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 4.2 percent increase in traffic on a 4.2 percent increase in capacity compared to February 2013. This resulted in a flat load factor of 85.1 percent. Alaska also reported 85.4 percent of its flights arrived on-time in February, compared to the 90.6 percent reported in February 2013.

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

 
 

February

 

Year-to-Date

 

2014

 

2013

 

Change

 

2014

 

2013

 

Change

Revenue passengers (in thousands)

1,457

 

1,376

 

5.9%

   

2,994

 

2,854

 

4.9%

 

Revenue passenger miles RPM (in millions)

1,948

 

1,870

 

4.2%

   

4,042

 

3,902

 

3.6%

 

Available seat miles ASM (in millions)

2,291

 

2,198

 

4.2%

   

4,805

 

4,632

 

3.7%

 

Passenger load factor

85.1%

 

85.1%

 

pt

 

84.1%

 

84.2%

 

(0.1)

pts

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

85.4%

 

90.6%

 

(5.2)

pts

 

86.5%

 

88.6%

 

(2.1)

pts

 

HORIZON AIR

Horizon reported a 0.6 percent increase in traffic on a 2.5 percent increase in capacity compared to February 2013. This resulted in a decrease in load factor of 1.2 points, to 78.8 percent. Horizon also reported 82.2 percent of its flights arrived on-time in February, compared to the 92.4 percent reported in February 2013.

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

   
 

February

 

Year-to-Date

 

2014

 

2013

 

Change

 

2014

 

2013

 

Change

Revenue passengers (in thousands)

539

 

528

 

2.1%

   

1,107

 

1,078

 

2.7%

 

RPMs (in millions)

162

 

161

 

0.6%

   

333

 

327

 

1.8%

 

ASMs (in millions)

206

 

201

 

2.5%

   

434

 

421

 

3.1%

 

Passenger load factor

78.8%

 

80.0%

 

(1.2)

pts

 

76.6%

 

77.7%

 

(1.1)

pts

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

82.2%

 

92.4%

 

(10.2)

pts

 

84.4%

 

88.5%

 

(4.1)

pts

 

AIR GROUP

On a combined basis, Air Group reported a 4.3 percent increase in traffic on a 4.6 percent increase in capacity compared to February 2013. This resulted in a decrease in load factor of 0.2 points, to 84.6 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 February and year-to-date 2014, compared to the prior-year periods:

 
 

February

 

Year-to-Date

 

2014

 

2013

 

Change

 

2014

 

2013

 

Change

Revenue passengers (in thousands)

2,048

 

1,947

 

5.2%

   

4,207

 

4,019

 

4.7%

 

RPMs (in millions)

2,158

 

2,068

 

4.3%

   

4,470

 

4,304

 

3.9%

 

ASMs (in millions)

2,552

 

2,441

 

4.6%

   

5,358

 

5,143

 

4.2%

 

Passenger load factor

84.6%

 

84.8%

 

(0.2)

pts

 

83.4%

 

83.7%

 

(0.3)

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 StudySM 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