Alaska Air Group Reports March 2015 Operational Results

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

SEATTLE, April 2, 2015 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported March and year-to-date operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below.

AIR GROUP

On a combined basis, Air Group reported an 11.2 percent increase in traffic on a 12.4 percent increase in capacity compared to March 2014. This resulted in a 1.0 point decrease in load factor to 86.1 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 March and year-to-date 2015, compared to the prior-year periods:

 

March

 

Year-to-Date

 

2015

 

2014

 

Change

 

2015

 

2014

 

Change

Revenue passengers (in thousands)

2,713

 

2,442

 

11.1%

 

7,316

 

6,649

 

10.0%

Revenue passenger miles RPM (in millions)

2,899

 

2,607

 

11.2%

 

7,723

 

7,078

 

9.1%

Available seat miles ASM (in millions)

3,365

 

2,994

 

12.4%

 

9,257

 

8,352

 

10.8%

Passenger load factor

86.1%

 

87.1%

 

(1.0) pts

 

83.4%

 

84.7%

 

(1.3) pts

ALASKA AIRLINES – MAINLINE

Alaska reported an 11.6 percent increase in traffic on a 13.2 percent increase in capacity compared to March 2014. This resulted in a 1.2 point decrease in load factor to 86.5 percent. Alaska also reported 85.6 percent of its flights arrived on time in March, compared to the 88.2 percent reported in March 2014.

The following table shows Alaska's operational results for March and year-to-date 2015, compared to the prior-year periods:

 

March

 

Year-to-Date

 

2015

 

2014

 

Change

 

2015

 

2014

 

Change

Revenue passengers (in thousands)

1,956

 

1,743

 

12.2%

 

5,236

 

4,737

 

10.5%

RPMs (in millions)

2,633

 

2,360

 

11.6%

 

6,994

 

6,402

 

9.2%

ASMs (in millions)

3,044

 

2,690

 

13.2%

 

8,347

 

7,495

 

11.4%

Passenger load factor

86.5%

 

87.7%

 

(1.2) pts

 

83.8%

 

85.4%

 

(1.6) pts

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

85.6%

 

88.2%

 

(2.6) pts

 

85.0%

 

87.1%

 

(2.1) pts

HORIZON AIR

Horizon reported a 7.0 percent increase in March traffic on a 5.1 percent increase in capacity compared to March 2014. This resulted in a 1.4 point increase in load factor to a March record of 81.3 percent. Horizon also reported 85.9 percent of its flights arrived on time in March, compared to the 85.4 percent reported in March 2014.

The following table shows Horizon's operational results for March and year-to-date 2015, compared to the prior-year periods:

 

March

 

Year-to-Date

 

2015

 

2014

 

Change

 

2015

 

2014

 

Change

Revenue passengers (in thousands)

677

 

630

 

7.5%

 

1,861

 

1,737

 

7.1%

RPMs (in millions)

200

 

187

 

7.0%

 

545

 

519

 

5.0%

ASMs (in millions)

246

 

234

 

5.1%

 

691

 

668

 

3.4%

Passenger load factor

81.3%

 

79.9%

 

1.4 pts

 

78.8%

 

77.7%

 

1.1 pts

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

85.9%

 

85.4%

 

0.5 pts

 

86.2%

 

84.7%

 

1.5 pts

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves more than 100 cities through an expansive network in the United States, Canada and Mexico. 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

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