Alaska Air Group reports October 2016 operational results
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Alaska Air Group Inc. (NYSE: ALK) today reported October and year-to-date operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines, Inc....
SEATTLE, Nov. 2, 2016 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported October 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 (Regional). Detailed information is provided below.
AIR GROUP
On a combined basis, Air Group reported a 5.5 percent increase in traffic on a 3.2 percent increase in capacity compared to October 2015. Load factor increased 1.9 points to 84.2 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 October and year-to-date 2016, compared to the prior-year periods:
|
October |
Year-to-Date |
||||||||||
|
2016 |
2015 |
Change |
2016 |
2015 |
Change |
||||||
|
Revenue passengers (in thousands) |
2,751 |
2,636 |
4.4% |
28,288 |
26,591 |
6.4% |
|||||
|
Revenue passenger miles RPM (in millions) |
2,905 |
2,754 |
5.5% |
30,474 |
27,806 |
9.6% |
|||||
|
Available seat miles ASM (in millions) |
3,451 |
3,345 |
3.2% |
36,178 |
32,919 |
9.9% |
|||||
|
Passenger load factor |
84.2% |
82.3% |
1.9 pts |
84.2% |
84.5% |
(0.3) pts |
|||||
ALASKA AIRLINES – MAINLINE
Alaska reported a 4.5 percent increase in traffic on a 2.0 percent increase in capacity compared to October 2015. Load factor increased 2.0 points to 84.8 percent. Alaska also reported 87.6 percent of its flights arrived on-time in October, compared to 88.2 percent reported in October 2015.
The following table shows Alaska's operational results for October and year-to-date 2016, compared to the prior-year periods:
|
October |
Year-to-Date |
||||||||||
|
2016 |
2015 |
Change |
2016 |
2015 |
Change |
||||||
|
Revenue passengers (in thousands) |
1,949 |
1,863 |
4.6% |
20,381 |
19,056 |
7.0% |
|||||
|
RPMs (in millions) |
2,591 |
2,479 |
4.5% |
27,359 |
25,111 |
9.0% |
|||||
|
ASMs (in millions) |
3,056 |
2,995 |
2.0% |
32,272 |
29,603 |
9.0% |
|||||
|
Passenger load factor |
84.8% |
82.8% |
2.0 pts |
84.8% |
84.8% |
— pts |
|||||
|
On-time arrivals as reported to U.S. DOT |
87.6% |
88.2% |
(0.6) pts |
88.4% |
86.6% |
1.8 pts |
|||||
REGIONAL FLYING
Regional traffic increased 14.2 percent on a 12.9 percent increase in capacity compared to October 2015. Load factor increased 0.9 points to 79.5 percent. Regional also reported 85.5 percent of its flights arrived on time in October, compared to 84.5 percent in October 2015.
The following table shows regional operational results for October and year-to-date 2016, compared to the prior-year periods:
|
October |
Year-to-Date |
||||||||||
|
2016 |
2015 |
Change |
2016 |
2015 |
Change |
||||||
|
Revenue passengers (in thousands) |
802 |
772 |
3.9% |
7,907 |
7,536 |
4.9% |
|||||
|
RPMs (in millions) |
314 |
275 |
14.2% |
3,115 |
2,695 |
15.6% |
|||||
|
ASMs (in millions) |
395 |
350 |
12.9% |
3,906 |
3,315 |
17.8% |
|||||
|
Passenger load factor |
79.5% |
78.6% |
0.9 pts |
79.7% |
81.3% |
(1.6) pts |
|||||
|
On-time arrivals as reported to U.S. DOT |
85.5% |
84.5% |
1.0 pts |
87.3% |
85.1% |
2.2 pts |
|||||
Alaska Airlines, together with its regional partners, flies 32 million customers a year to more than 110 cities with an average of 970 daily flights throughout the United States, including Hawaii, Canada, Costa Rica, and Mexico. With Alaska's 17 global airline partners, customers can earn and redeem miles to more than 800 destinations worldwide. Onboard, customers are invited to make the most of their flight with amenities like power outlets at every seat, streaming entertainment direct to your device, Wi-Fi and an inspired food and beverage selection featured on most flights. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers in North America" in the J.D. Power North American Airline Satisfaction Study for nine consecutive years from 2008 to 2016. Alaska Airlines Mileage Plan also ranked "Highest in Customer Satisfaction with Airline Loyalty Rewards Programs" in the J.D. Power
Airline Loyalty/Rewards Program Satisfaction Report for the last three consecutive years. Alaska Airline is a subsidiary of Alaska Air Group (NYSE: ALK). Learn more on the airline's newsroom, blog, alaskaair.com, @AlaskaAir, facebook.com/alaskaairlines and linkedin.com/company/alaska-airlines.
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SOURCE Alaska Air Group Inc.
