Alaska Air Group Reports May Operational Results

Alaska Air Group, Inc. (NYSE: ALK) today reported May operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon). ALASKA AIRLINES Alaska reported an 11.7 percent...

SEATTLE, June 3, 2011 /PRNewswire/ — Alaska Air Group, Inc. (NYSE: ALK) today reported May operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).

ALASKA AIRLINES

Alaska reported an 11.7 percent increase in traffic on a 7.4 percent increase in capacity compared to May 2010. This resulted in a 3.3-point increase in load factor to a May record of 84.7 percent.  Alaska also reported that 90.7 percent of its flights arrived on time in May 2011, compared to the 91.5 percent reported in May 2010.  

The following table shows the operational results for May 2011 and year-to-date 2011, compared to the prior-year periods:

May

Year-to-Date

2011

2010

Change

2011

2010

Change

Revenue passenger miles

   RPMs (in millions)

1,850

1,656

11.7%

8,998

7,711

16.7%

Available seat miles

   ASMs (in millions)

2,184

2,035

7.4%

10,740

9,485

13.2%

Passenger load factor

84.7%

81.4%

3.3pts

83.8%

81.3%

2.5pts

Revenue passengers (in thousands)

1,483

1,368

8.4%

7,060

6,311

11.9%

On-time arrivals as reported

to U.S. DOT

90.7%

91.5%

(0.8)pts

86.1%

88.4%

(2.3)pts

HORIZON AIR

Horizon reported a 12.5 percent decline in traffic on a 17.2 percent decline in capacity compared to May 2010. This resulted in a 4.1-point increase in load factor to a May record of 77.2 percent.  Horizon also reported that 87.3 percent of its flights arrived on time in May 2011, compared to the 92.1 percent reported in May 2010.  

The following table shows the operational results for May 2011 and year-to-date 2011, compared to the prior-year periods:

May

Year-to-Date

2011

2010

Change

2011

2010

Change

RPMs (in millions)

175

200

(12.5)%

925

961

(3.8)%

ASMs (in millions)

226

273

(17.2)%

1,212

1,338

(9.4)%

Passenger load factor

77.2%

73.1%

4.1pts

76.3%

71.8%

4.5pts

Revenue passengers (in thousands)

547

554

(1.3)%

2,739

2,676

2.4%

On-time arrivals

87.3%

92.1%

(4.8)pts

80.6%

89.7%

(9.1)pts

AIR GROUP

On a combined basis, Air Group capacity increased by 4.4 percent to 2,410 million ASMs, while traffic increased 9.1 percent to 2,025 million RPMs, resulting in a 3.6-point increase in combined load factor. These statistics exclude flights operated by third parties for Alaska under capacity purchase arrangements.

Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK), together serve 90 cities throughout Alaska, the Lower 48, Hawaii, 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, Inc.

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