Alaska Air Group Reports June Operational Results
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Alaska Air Group Inc. (NYSE: ALK) today reported June operational results for its subsidiaries, Alaska Airlines and Horizon Air. ALASKA AIRLINES Alaska reported a 7.9 percent increase in traffic...
SEATTLE, July 1, 2011 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported June operational results for its subsidiaries, Alaska Airlines and Horizon Air.
ALASKA AIRLINES
Alaska reported a 7.9 percent increase in traffic on a 6.8 percent increase in capacity compared to June 2010. This resulted in a 0.9-point increase in load factor to a June record 85.4 percent. Alaska also reported that 91.4 percent of its flights arrived on time in June 2011, compared to the 89 percent reported in June 2010.
The following table shows the operational results for June 2011 and year-to-date 2011, compared to the prior-year periods:
|
June |
Year-to-Date |
||||||
|
2011 |
2010 |
Change |
2011 |
2010 |
Change |
||
|
Revenue passenger miles |
|||||||
|
RPMs (in millions) |
1,978 |
1,832 |
7.9% |
10,976 |
9,544 |
15.0% |
|
|
Available seat miles |
|||||||
|
ASMs (in millions) |
2,315 |
2,167 |
6.8% |
13,055 |
11,653 |
12.0% |
|
|
Passenger load factor |
85.4% |
84.6% |
0.9pts |
84.1% |
81.9% |
2.2pts |
|
|
Revenue passengers (in thousands) |
1,580 |
1,501 |
5.3% |
8,640 |
7,811 |
10.6% |
|
|
On-time arrivals as reported |
|||||||
|
to U.S. DOT |
91.4% |
89.0% |
2.4pts |
87.1% |
88.5% |
(1.4)pts |
|
HORIZON AIR
Horizon reported a 24.5 percent decline in traffic on a 23.2 percent decline in capacity compared to June 2010. This resulted in a 1.3-point decrease in load factor to 77.8 percent. Horizon also reported that 88.1 percent of its flights arrived on time in June 2011, compared to the 87.5 percent reported in June 2010. The significant 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 fleet. This transition was completed in June. Alaska is now contracting with SkyWest Airlines to provide regional jet flying in seven markets. Traffic and capacity information for the SkyWest flying is included in the consolidated statistics below.
The following table shows the operational results for June 2011 and year-to-date 2011, compared to the prior-year periods:
|
June |
Year-to-Date |
||||||
|
2011 |
2010 |
Change |
2011 |
2010 |
Change |
||
|
RPMs (in millions) |
172 |
228 |
(24.5)% |
1,097 |
1,189 |
(7.7)% |
|
|
ASMs (in millions) |
221 |
288 |
(23.2)% |
1,433 |
1,626 |
(11.9)% |
|
|
Passenger load factor |
77.8% |
79.1% |
(1.3)pts |
76.5% |
73.1% |
3.4pts |
|
|
Revenue passengers (in thousands) |
557 |
613 |
(9.2)% |
3,296 |
3,289 |
0.2% |
|
|
On-time arrivals |
88.1% |
87.5% |
0.6pts |
81.8% |
89.4% |
(7.6)pts |
|
AIR GROUP
On a combined basis, Air Group capacity increased by 4.8 percent to 2,573 million ASMs, while traffic increased 6.0 percent to 2,183 million RPMs, resulting in a 0.9-point increase in combined load factor. These statistics include flights operated by SkyWest for Alaska under their capacity purchase arrangement, but exclude flying operated by other third party carriers.
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 ranked "Highest in Customer Satisfaction Among Traditional Network Carriers" in the J.D. Power and Associates 2008, 2009, 2010 and 2011 North America Airline Satisfaction Studies(SM). For reservations, visit alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at alaskaair.com/newsroom.
SOURCE Alaska Air Group Inc.
