Alaska Air Group Reports March 2016 Operational Results

Alaska Air Group Inc. (NYSE: ALK) today reported March and year-to-date operational results on a consolidated basis for its mainline operations operated by subsidiary Alaska Airlines, Inc....

SEATTLE, April 5, 2016 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported March and year-to-date operational results on a consolidated basis for its mainline operations operated by subsidiary Alaska Airlines, Inc. (Alaska), and for its regional flying operated by subsidiary Horizon Air Industries, Inc., and third-party regional carriers SkyWest Airlines and PenAir. Detailed information is provided below.

AIR GROUP
On a combined basis, Air Group reported a 9.2 percent increase in traffic on a 9.2 percent increase in capacity compared to March 2015. Load factor increased 0.1 points to 86.2 percent. These statistics include flights operated by Alaska, Horizon and those under third-party capacity purchase agreements.

The following table shows the operational results for March and year-to-date 2016, compared to the prior-year period:

 

March

 

Year-to-Date

 

2016

 

2015

 

Change

 

2016

 

2015

 

Change

Revenue passengers (in thousands)

2,892

 

2,713

 

6.6%

 

7,835

 

7,316

 

7.1%

Revenue passenger miles RPM (in millions)

3,165

 

2,899

 

9.2%

 

8,571

 

7,723

 

11.0%

Available seat miles ASM (in millions)

3,673

 

3,365

 

9.2%

 

10,453

 

9,257

 

12.9%

Passenger load factor

86.2%

 

86.1%

 

0.1 pts

 

82.0%

 

83.4%

 

(1.4) pts

ALASKA AIRLINES – MAINLINE
Alaska reported an 8.1 percent increase in traffic on a 7.7 percent increase in capacity compared to March 2015. Load factor increased 0.3 points to 86.8 percent. Alaska also reported 86.4 percent of its flights arrived on time in March, compared to the 85.6 percent reported in March 2015.

The following table shows Alaska's operational results for March and year-to-date 2016, compared to the prior-year period:

 

March

 

Year-to-Date

 

2016

 

2015

 

Change

 

2016

 

2015

 

Change

Revenue passengers (in thousands)

2,090

 

1,956

 

6.9%

 

5,642

 

5,236

 

7.8%

RPMs (in millions)

2,845

 

2,633

 

8.1%

 

7,716

 

6,994

 

10.3%

ASMs (in millions)

3,278

 

3,044

 

7.7%

 

9,354

 

8,347

 

12.1%

Passenger load factor

86.8%

 

86.5%

 

0.3 pts

 

82.5%

 

83.8%

 

(1.3) pts

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

86.4%

 

85.6%

 

0.8 pts

 

87.5%

 

85.0%

 

2.5 pts

REGIONAL FLYING
Regional traffic increased 20.8 percent on a 23.0 percent increase in capacity compared to March 2015. Load factor decreased 1.4 points to 80.8 percent.

The following table shows regional operational results for March and year-to-date 2016, compared to the prior-year periods:

 

March

 

Year-to-Date

 

2016

 

2015

 

Change

 

2016

 

2015

 

Change

Revenue passengers (in thousands)

802

 

757

 

5.9%

 

2,192

 

2,080

 

5.4%

RPMs (in millions)

320

 

265

 

20.8%

 

855

 

728

 

17.4%

ASMs (in millions)

396

 

322

 

23.0%

 

1,100

 

910

 

20.9%

Passenger load factor

80.8%

 

82.2%

 

(1.4) pts

 

77.7%

 

80.0%

 

(2.3) 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 Unites States, Canada, Costa Rica 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