Alaska Air Group Reports March Operational Results

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

SEATTLE, April 3, 2013 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported March and first quarter 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 a 10.1 percent increase in traffic on a 10.9 percent increase in capacity compared to March 2012. This resulted in a 0.6-point decrease in load factor to 88.3 percent. Alaska also reported 85.5 percent of its flights arrived on time in March, compared to the 85.3 percent reported in March 2012.

The following table shows Alaska‘s operational results for March and first quarter of 2013, compared to the prior-year periods:

March

1st Quarter

2013

2012

Change

2013

2012

Change

Revenue passengers (in thousands)

1,680

1,580

6.4

%

4,534

4,275

6.1

%

Revenue passenger miles RPM (in millions)

2,270

2,061

10.1

%

6,172

5,637

9.5

%

Available seat miles ASM (in millions)

2,570

2,319

10.9

%

7,203

6,575

9.6

%

Passenger load factor

88.3

%

88.9

%

(0.6) pts

85.7

%

85.7

%

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

85.5

%

85.3

%

0.2 pts

87.6

%

84.5

%

3.0 pts

HORIZON AIR

Horizon reported a 6.2 percent increase in March traffic on a 2.9 percent increase in capacity compared to March 2012. This resulted in a 2.5-point increase in load factor to a March record of 80.9 percent. Horizon also reported 90.0 percent of its flights arrived on time in March, compared to the 88.1 percent reported in March 2012.

The following table shows Horizon’s operational results for March and first quarter of 2013, compared to the prior-year periods:

March

1st Quarter

2013

2012

Change

2013

2012

Change

Revenue passengers (in thousands)

602

571

5.4

%

1,680

1,583

6.1

%

RPMs (in millions)

184

173

6.2

%

511

482

6.0

%

ASMs (in millions)

228

221

2.9

%

648

634

2.3

%

Passenger load factor

80.9

%

78.4

%

2.5 pts

78.8

%

76.1

%

2.7 pts

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

90.0

%

88.1

%

1.9 pts

89.2

%

88.2

%

1.0 pts

AIR GROUP

On a combined basis, Air Group reported a 9.5 percent increase in traffic on a 9.7 percent increase in capacity compared to March 2012. This resulted in a 0.2-point decrease in load factor to 87.7 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 first quarter of 2013, compared to the prior-year periods:

March

1st Quarter

2013

2012

Change

2013

2012

Change

Revenue passengers (in thousands)

2,326

2,200

5.7

%

6,346

5,995

5.8

%

RPMs (in millions)

2,491

2,276

9.5

%

6,796

6,232

9.0

%

ASMs (in millions)

2,840

2,588

9.7

%

7,983

7,344

8.7

%

Passenger load factor

87.7

%

87.9

%

(0.2) pts

85.1

%

84.9

%

0.2 pts

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves 95 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 Newsroom at www.alaskaair.com/newsroom.

SOURCE Alaska Air Group