Alaska Air Group reports July 2017 operational results August 9, 2017 Company News and Financial 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 July and year-to-date operational results on a consolidated basis, for its mainline operations operated by subsidiaries Alaska Airlines, Inc.... SEATTLE, Aug. 9, 2017 /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 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 6.6 percent increase in traffic on a 6.4 percent increase in capacity compared to July 2016. Load factor increased 0.2 points to 87.0 percent. The following table shows the operational results for July and year-to-date, compared to the prior-year periods(1): July Year-to-Date 2017 2016 Change 2017 2016 Change Revenue passengers (000) 4,075 3,909 4.2% 25,492 24,244 5.1% Revenue passenger miles RPM (000,000) "traffic" 4,864 4,561 6.6% 30,134 28,308 6.5% Available seat miles ASM (000,000) "capacity" 5,591 5,253 6.4% 35,596 33,722 5.6% Passenger load factor 87.0% 86.8% 0.2 pts 84.7% 83.9% 0.8 pts (1) 2016 information has been adjusted to include Virgin America operating results for comparison. ALASKAAlaska reported a 7.8 percent increase in traffic on a 7.0 percent increase in capacity compared to July 2016. Load factor increased 0.6 points to 87.8 percent. Alaska also reported 85.7 percent of its flights arrived on time in July 2017, compared to 89.4 percent reported in July 2016. The following table shows Alaska’s operational results for July and year-to-date, compared to the prior-year periods: July Year-to-Date 2017 2016 Change 2017 2016 Change Revenue passengers (000) 2,445 2,293 6.6% 15,211 14,218 7.0% RPMs (000,000) 3,292 3,055 7.8% 20,607 19,227 7.2% ASMs (000,000) 3,748 3,502 7.0% 24,092 22,731 6.0% Passenger load factor 87.8% 87.2% 0.6 pts 85.5% 84.6% 0.9 pts On-time arrivals as reported to U.S. DOT 85.7% 89.4% (3.7) pts 81.3% 88.3% (7.0) pts VIRGIN AMERICAVirgin America traffic increased 2.4 percent on a 3.2 percent increase in capacity compared to July 2016. Load factor decreased 0.7 points to 86.4 percent. Virgin America also reported 75.8 percent of its flights arrived on time in July 2017, compared to 75.5 percent in July 2016. The following table shows Virgin America operational results for July and year-to-date, compared to the prior-year periods: July Year-to-Date 2017 2016 Change 2017 2016 Change Revenue passengers (000) 763 758 0.7% 4,729 4,611 2.6% RPMs (000,000) 1,193 1,165 2.4% 7,239 6,945 4.2% ASMs (000,000) 1,381 1,338 3.2% 8,638 8,291 4.2% Passenger load factor 86.4% 87.1% (0.7) pts 83.8% 83.8% — On-time arrivals as reported to U.S. DOT 75.8% 75.5% 0.3 pts 65.8% 76.1% (10.3) pts REGIONALRegional traffic increased 11.5 percent on an 11.6 percent increase in capacity compared to July 2016. Load factor decreased 0.1 points to 82.0 percent. Regional also reported 82.9 percent of its flights arrived on time in July 2017, compared to 86.0 percent in July 2016. The following table shows regional operational results for July and year-to-date, compared to the prior-year periods: July Year-to-Date 2017 2016 Change 2017 2016 Change Revenue passengers (000) 867 858 1.0% 5,552 5,416 2.5% RPMs (000,000) 379 340 11.5% 2,288 2,136 7.1% ASMs (000,000) 462 414 11.6% 2,866 2,700 6.1% Passenger load factor 82.0% 82.1% (0.1) pts 79.8% 79.1% 0.7 pts On-time arrivals as reported to U.S. DOT 82.9% 86.0% (3.1) pts 79.3% 87.8% (8.5) pts Alaska Airlines, together with Virgin America and its regional partners, flies 40 million guests a year to 118 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 and unmatched reliability 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