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ALK Alaska Air Group Inc

43.96
-0.59 (-1.32%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Alaska Air Group Inc NYSE:ALK NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.59 -1.32% 43.96 44.77 43.4133 44.67 2,032,417 01:00:00

Alaska Air Group Reports August 2015 Operational Results

02/09/2015 6:18pm

PR Newswire (US)


Alaska Air (NYSE:ALK)
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SEATTLE, Sept. 2, 2015 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported August and year-to-date operational results on a consolidated basis, and for its subsidiaries, Alaska Airlines and Horizon Air. Detailed information is provided below.

AIR GROUP

On a combined basis, Air Group reported a 7.0 percent increase in traffic on a 7.7 percent increase in capacity compared to August 2014. Load factor decreased 0.5 points to 86.7 percent. These statistics include flights operated by Alaska and Horizon, and those under third-party capacity purchase agreements with SkyWest and PenAir.

The following table shows the operational results for August and year-to date 2015, compared to the prior-year periods:


August


Year-to-Date


2015


2014


Change


2015


2014


Change

Revenue passengers (in thousands)

3,011


2,815


7.0%


21,383


19,646


8.8%

Revenue passenger miles RPM (in millions)

3,096


2,893


7.0%


22,419


20,685


8.4%

Available seat miles ASM (in millions)

3,570


3,315


7.7%


26,349


23,999


9.8%

Passenger load factor

86.7%


87.2%


(0.5) pts


85.1%


86.2%


(1.1) pts

ALASKA AIRLINES - MAINLINE

Alaska reported a 6.5 percent increase in traffic on a 7.2 percent increase in capacity compared to August 2014. Load factor decreased 0.5 points to 87.1 percent. Alaska also reported 82.9 percent of its flights arrived on-time in August, compared to 83.8 percent reported in August 2014.

The following table shows Alaska's operational results for August and year-to-date 2015, compared to the prior-year periods:


August


Year-to-Date


2015


2014


Change


2015


2014


Change

Revenue passengers (in thousands)

2,181


2,046


6.6%


15,380


14,146


8.7%

RPMs (in millions)

2,784


2,613


6.5%


20,275


18,725


8.3%

ASMs (in millions)

3,196


2,982


7.2%


23,728


21,582


9.9%

Passenger load factor

87.1%


87.6%


(0.5) pts


85.4%


86.8%


(1.4) pts

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

82.9%


83.8%


(0.9) pts


86.2%


86.7%


(0.5) pts

 

HORIZON AIR

Horizon reported a 2.9 percent increase in traffic on a 3.5 percent increase in capacity compared to August 2014. Load factor decreased 0.5 points to 81.8 percent. Horizon also reported 73.4 percent of its flights arrived on-time in August, compared to the 88.4 percent reported in August 2014.

The following table shows Horizon's operational results for August and year-to-date 2015, compared to the prior-year periods:


August


Year-to-Date


2015


2014


Change


2015


2014


Change

Revenue passengers (in thousands)

720


687


4.8%


5,314


4,948


7.4%

RPMs (in millions)

215


209


2.9%


1,566


1,478


6.0%

ASMs (in millions)

263


254


3.5%


1,944


1,852


5.0%

Passenger load factor

81.8%


82.3%


(0.5) pts


80.6%


79.8%


0.8 pts

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

73.4%


88.4%


(15.0) pts


84.9%


88.6%


(3.7) 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 the United States, Canada and Mexico. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers in North America" in the J.D. Power North American Airline Satisfaction Study for eight consecutive years from 2008 to 2015. Alaska Airlines' Mileage Plan also ranked "Highest in Customer Satisfaction with Airline Loyalty Rewards Programs" in the J.D. Power 2014 and 2015 Airline Loyalty/Rewards Program Satisfaction Report. For reservations, visit www.alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at www.alaskaair.com/newsroom.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alaska-air-group-reports-august-2015-operational-results-300137039.html

SOURCE Alaska Air Group Inc.

Copyright 2015 PR Newswire

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