Alaska Air Group Reports September 2014 Operational Results

Alaska Air Group Inc. (NYSE: ALK) today reported September and year-to-date operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information...

SEATTLE, Oct. 2, 2014 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported September and year-to-date operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below.

AIR GROUP

On a combined basis, Air Group reported a 9.0 percent increase in traffic on a 9.9 percent increase in capacity compared to September 2013. This resulted in a 0.7 point decrease in load factor to 81.9 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 September and year-to-date 2014, compared to the prior-year periods:

 

September

 

Year-to-Date

 

2014

 

2013

 

Change

 

2014

 

2013

 

Change

Revenue passengers (in thousands)

2,350

 

2,168

 

8.4%

 

21,996

 

20,720

 

6.2%

Revenue passenger miles RPM (in millions)

2,393

 

2,196

 

9.0%

 

23,078

 

21,852

 

5.6%

Available seat miles ASM (in millions)

2,923

 

2,659

 

9.9%

 

26,922

 

25,397

 

6.0%

Passenger load factor

81.9%

 

82.6%

 

(0.7) pts

 

85.7%

 

86.0%

 

(0.3) pts

ALASKA AIRLINES – MAINLINE

Alaska reported an 8.3 percent increase in traffic on a 9.2 percent increase in capacity compared to September 2013. This resulted in a 0.7 point decrease in load factor to 82.1 percent. Alaska also reported 87.0 percent of its flights arrived on time in September, compared to the 87.5 percent reported in September 2013.

The following table shows Alaska's operational results for September and year-to-date 2014, compared to the prior-year periods:

 

September

 

Year-to-Date

 

2014

 

2013

 

Change

 

2014

 

2013

 

Change

Revenue passengers (in thousands)

1,650

 

1,546

 

6.7%

 

15,796

 

14,973

 

5.5%

RPMs (in millions)

2,146

 

1,981

 

8.3%

 

20,871

 

19,864

 

5.1%

ASMs (in millions)

2,614

 

2,393

 

9.2%

 

24,197

 

22,973

 

5.3%

Passenger load factor

82.1%

 

82.8%

 

(0.7) pts

 

86.3%

 

86.5%

 

(0.2) pts

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

87.0%

 

87.5%

 

(0.5) pts

 

86.7%

 

86.9%

 

(0.2) pts

HORIZON AIR

Horizon reported a 5.1 percent increase in September traffic on a 6.8 percent increase in capacity compared to September 2013. This resulted in a 1.3 point decrease in load factor to 78.6 percent. Horizon also reported 88.9 percent of its flights arrived on time in September, compared to the 84.5 percent reported in September 2013.

The following table shows Horizon's operational results for September and year-to-date 2014, compared to the prior-year periods:

 

September

 

Year-to-Date

 

2014

 

2013

 

Change

 

2014

 

2013

 

Change

Revenue passengers (in thousands)

625

 

575

 

8.7%

 

5,573

 

5,326

 

4.6%

RPMs (in millions)

184

 

175

 

5.1%

 

1,662

 

1,629

 

2.0%

ASMs (in millions)

234

 

219

 

6.8%

 

2,086

 

2,009

 

3.8%

Passenger load factor

78.6%

 

79.9%

 

(1.3) pts

 

79.7%

 

81.1%

 

(1.4) pts

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

88.9%

 

84.5%

 

4.4 pts

 

88.6%

 

88.4%

 

0.2 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 Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers" in the J.D. Power North American Airline Satisfaction Study for seven consecutive years from 2008 to 2014. Alaska Airlines' Mileage Plan rewards customers with elite status faster than any other frequent flier program. With the ability to earn and redeem miles on 14 airline partners to more than 700 destinations worldwide, Mileage Plan helps customers achieve their next award trip even faster. Alaska Airlines' Mileage Plan also ranked highest in the J.D. Power 2014 Airline Loyalty/Rewards Program Satisfaction Report. 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