Alaska Air Group Reports October Operational Results
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Alaska Air Group, Inc. (NYSE: ALK) today reported October operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon). ALASKA AIRLINES Alaska reported a 15.9...
SEATTLE, Nov. 2, 2010 /PRNewswire-FirstCall/ — Alaska Air Group, Inc. (NYSE: ALK) today reported October operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).
ALASKA AIRLINES
Alaska reported a 15.9 percent increase in traffic on a 9.1 percent increase in capacity, resulting in a 4.8-point increase in load factor to 81.8 percent. Alaska also reported that 88.1 percent of its flights arrived on time in October 2010, a 2.3-point increase compared to the 85.8 percent reported in October 2009.
The following table shows the operational results for October 2010 and for the first ten months of 2010, compared to the prior-year periods:
|
October |
Year-to-Date |
||||||
|
2010 |
2009 |
Change |
2010 |
2009 |
Change |
||
|
Revenue passenger miles |
|||||||
|
RPMs (in millions) |
1,691 |
1,459 |
15.9% |
16,815 |
15,271 |
10.1% |
|
|
Available seat miles |
|||||||
|
ASMs (in millions) |
2,066 |
1,894 |
9.1% |
20,263 |
19,363 |
4.6% |
|
|
Passenger load factor |
81.8% |
77.0% |
4.8pts |
83.0% |
78.9% |
4.1pts |
|
|
Revenue passengers (in thousands) |
1,352 |
1,230 |
9.9% |
13,725 |
13,026 |
5.4% |
|
|
On-time arrivals as reported |
|||||||
|
to U.S. DOT |
88.1% |
85.8% |
2.3pts |
88.7% |
82.3% |
6.4pts |
|
HORIZON AIR
Horizon reported a 3.5 percent decline in traffic on a 5.5 percent decline in capacity compared to October 2009, resulting in a 1.5-point increase in load factor to 74.9 percent. Horizon also reported that 85.0 percent of its flights arrived on time in October 2010, a 2.1-point decrease compared to the 87.1 percent reported in October 2009.
The following table shows the operational results for October 2010 and for the first ten months of 2010, compared to the prior-year periods:
|
October |
Year-to-Date |
||||||
|
2010 |
2009 |
Change |
2010 |
2009 |
Change |
||
|
RPMs (in millions) |
196 |
203 |
(3.5)% |
2,053 |
2,003 |
2.5% |
|
|
ASMs (in millions) |
262 |
277 |
(5.5)% |
2,723 |
2,747 |
(0.9)% |
|
|
Passenger load factor |
74.9% |
73.4% |
1.5pts |
75.4% |
72.9% |
2.5pts |
|
|
Revenue passengers (in thousands) |
563 |
570 |
(1.2)% |
5,679 |
5,625 |
1.0% |
|
|
On-time arrivals |
85.0% |
87.1% |
(2.1)pts |
86.9% |
86.5% |
0.4pts |
|
Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK), together serve more than 90 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Network Carriers" in the J.D. Power and Associates 2008, 2009 and 2010 North America Airline Satisfaction Studies(SM). For reservations, visit alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at alaskaair.com/newsroom
SOURCE Alaska Air Group, Inc.