Alaska Air Group Reports July 2016 Operational Results

Alaska Air Group Inc. (NYSE: ALK) today reported July and year-to-date operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines, Inc....

SEATTLE, Aug. 2, 2016 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported July and year-to-date operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines, Inc. (Alaska), and for its regional flying operated by subsidiary Horizon Air Industries, Inc. and third-party regional carriers, SkyWest Airlines and PenAir. Detailed information is provided below.

AIR GROUP
On a combined basis, Air Group reported a 7.8 percent increase in traffic on a 9.6 percent increase in capacity compared to July 2015. Load factor decreased 1.4 points to 86.7 percent. These statistics include flights operated by Alaska, Horizon, and those under third-party capacity purchase agreements.

The following table shows the operational results for July and year-to-date 2016, compared to the prior-year periods:

 

July

 

Year-to-Date

 

2016

 

2015

 

Change

 

2016

 

2015

 

Change

Revenue passengers (in thousands)

3,151

 

3,031

 

4.0%

 

19,633

 

18,371

 

6.9%

Revenue passenger miles RPM (in millions)

3,395

 

3,150

 

7.8%

 

21,363

 

19,323

 

10.6%

Available seat miles ASM (in millions)

3,916

 

3,573

 

9.6%

 

25,431

 

22,779

 

11.6%

Passenger load factor

86.7%

 

88.1%

 

(1.4) pts

 

84.0%

 

84.8%

 

(0.8) pts

 

ALASKA AIRLINES – MAINLINE
Alaska reported a 7.8 percent increase in traffic on a 9.4 percent increase in capacity compared to July 2015. Load factor decreased 1.3 points to 87.2 percent. Alaska also reported 89.4 percent of its flights arrived on-time in July, compared to 86.4 percent reported in July 2015.

The following table shows Alaska's operational results for July and year-to-date 2016, compared to the prior-year periods:

 

July

 

Year-to-Date

 

2016

 

2015

 

Change

 

2016

 

2015

 

Change

Revenue passengers (in thousands)

2,293

 

2,177

 

5.3%

 

14,218

 

13,199

 

7.7%

RPMs (in millions)

3,055

 

2,834

 

7.8%

 

19,227

 

17,491

 

9.9%

ASMs (in millions)

3,502

 

3,202

 

9.4%

 

22,731

 

20,532

 

10.7%

Passenger load factor

87.2%

 

88.5%

 

(1.3) pts

 

84.6%

 

85.2%

 

(0.6) pts

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

89.4%

 

86.4%

 

3.0 pts

 

88.3%

 

86.7%

 

1.6 pts

 

REGIONAL FLYING
Regional traffic increased 7.6 percent on an 11.3 percent increase in capacity compared to July 2015. Load factor decreased 2.8 points to 82.1 percent. Regional also reported 86.0 percent of its flights arrived on time in July, compared to 83.7 percent in July 2015.

The following table shows regional operational results for July and year-to-date 2016, compared to the prior-year periods:

 

July

 

Year-to-Date

 

2016

 

2015

 

Change

 

2016

 

2015

 

Change

Revenue passengers (in thousands)

858

 

855

 

0.4%

 

5,416

 

5,172

 

4.7%

RPMs (in millions)

340

 

316

 

7.6%

 

2,136

 

1,833

 

16.5%

ASMs (in millions)

414

 

372

 

11.3%

 

2,700

 

2,247

 

20.2%

Passenger load factor

82.1%

 

84.9%

 

(2.8) pts

 

79.1%

 

81.6%

 

(2.5) pts

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

86.0%

 

83.7%

 

2.3 pts

 

87.8%

 

86.7%

 

1.1 pts

 

Alaska Airlines, together with its regional partners, flies 32 million customers a year to more than 110 cities with an average of 970 daily flights throughout the United States, including Hawaii, Canada, Costa Rica, and Mexico. With Alaska's 17 global airline partners, customers can earn and redeem miles to more than 800 destinations worldwide. Onboard, customers are invited to make the most of their flight with amenities like power outlets at every seat, streaming entertainment direct to your device, Wi-Fi and an inspired food and beverage selection featured on most flights. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers in North America" in the J.D. Power North American Airline Satisfaction Study for nine consecutive years from 2008 to 2016. Alaska Airlines Mileage Plan also ranked "Highest in Customer Satisfaction with Airline Loyalty Rewards Programs" in the J.D. Power Airline Loyalty/Rewards Program Satisfaction Report for the last three consecutive years. Alaska Airlines is a subsidiary of Alaska Air Group (NYSE: ALK). Learn more on the airline's newsroom, blog, alaskaair.com, @AlaskaAir, facebook.com/alaskaairlines and linkedin.com/company/alaska-airlines.

 

SOURCE Alaska Air Group Inc.