Alaska Air Group Reports March 2015 Operational Results
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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 |
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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% |
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|
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 |
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|
2015 |
2014 |
Change |
2015 |
2014 |
Change |
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|
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 |
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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
