Alaska Air Group Reports July Operational Results
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Alaska Air Group Inc. (NYSE: ALK) today reported July operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below....
SEATTLE, Aug. 3, 2012 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported July 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 an 8.8 percent increase in traffic on an 8.3 percent increase in capacity compared to July 2011. This resulted in a 0.3-point increase in load factor to a July record of 88.8 percent. Alaska also reported 88.6 percent of its flights arrived on time in July, compared to the 90.9 percent reported in July 2011.
The following table shows Alaska‘s operational results for July and year-to-date 2012, compared to the prior-year periods:
|
July |
Year-to-Date |
|||||||||||
|
2012 |
2011 |
Change |
2012 |
2011 |
Change |
|||||||
|
Revenue passengers (in thousands) |
1,769 |
1,695 |
4.4% |
10,796 |
10,335 |
4.5% |
||||||
|
Revenue passenger miles RPM (in millions) |
2,308 |
2,122 |
8.8% |
14,176 |
13,098 |
8.2% |
||||||
|
Available seat miles ASM (in millions) |
2,598 |
2,399 |
8.3% |
16,303 |
15,454 |
5.5% |
||||||
|
Passenger load factor |
88.8% |
88.5% |
0.3 pts |
87.0% |
84.8% |
2.2 pts |
||||||
|
On-time arrivals as reported to U.S. DOT |
88.6% |
90.9% |
(2.3) pts |
87.6% |
87.7% |
(0.1) pt |
||||||
HORIZON AIR
Horizon reported a 6.5 percent increase in traffic on a 4.8 percent increase in capacity compared to July 2011. This resulted in a 1.3-point increase in load factor to a July record of 82.2 percent. Horizon also reported a record 92.0 percent of its flights arrived on time in July, compared to the 88.0 percent reported in July 2011.
The following table shows Horizon’s operational results for July and year-to-date 2012, compared to the prior-year periods:
|
July |
Year-to-Date |
|||||||||||
|
2012 |
2011 |
Change |
2012 |
2011 |
Change |
|||||||
|
Revenue passengers (in thousands) |
624 |
586 |
6.5% |
3,870 |
3,883 |
(0.3)% |
||||||
|
RPMs (in millions) |
198 |
186 |
6.5% |
1,190 |
1,283 |
(7.2)% |
||||||
|
ASMs (in millions) |
241 |
230 |
4.8% |
1,535 |
1,663 |
(7.7)% |
||||||
|
Passenger load factor |
82.2% |
80.9% |
1.3 pts |
77.5% |
77.1% |
0.4 pts |
||||||
|
On-time arrivals |
92.0% |
88.0% |
4.0 pts |
91.2% |
82.7% |
8.5 pts |
||||||
The year-to-date decline in capacity and traffic for Horizon from the prior year is due primarily to the completion of Horizon’s transition out of the CRJ-700 regional jet. This transition was completed in June 2011.
AIR GROUP (including flights operated by third parties)
On a combined basis, Air Group reported an 8.5 percent increase in traffic on an 8.0 percent increase in capacity compared to July 2011. This resulted in a 0.5-point increase in load factor to a record 88.3 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 July and year-to-date 2012, compared to the prior-year periods:
|
July |
Year-to-Date |
|||||||||||
|
2012 |
2011 |
Change |
2012 |
2011 |
Change |
|||||||
|
Revenue passengers (in thousands) |
2,447 |
2,331 |
5.0% |
15,007 |
14,329 |
4.7% |
||||||
|
RPMs (in millions) |
2,553 |
2,353 |
8.5% |
15,654 |
14,499 |
8.0% |
||||||
|
ASMs (in millions) |
2,892 |
2,679 |
8.0% |
18,175 |
17,260 |
5.3% |
||||||
|
Passenger load factor |
88.3% |
87.8% |
0.5 pts |
86.1% |
84.0% |
2.1 pts |
||||||
Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK), together serve more than 90 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 five consecutive years from 2008 to 2012. 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 Inc.
