Alaska Air Group Reports February 2016 Operational Results
Share
Alaska Air Group Inc. (NYSE: ALK) today reported February and year-to-date operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines, Inc....
SEATTLE, March 2, 2016 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported February 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. Detailed information is provided below.
AIR GROUP
On a combined basis, Air Group reported a 13.8 percent increase in traffic on an 18.0 percent increase in capacity compared to February 2015. Load factor decreased 3.0 points to 80.4 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 February and year-to-date 2016, compared to the prior-year periods:
|
February |
Year-to-Date |
||||||||||
|
2016 |
2015 |
Change |
2016 |
2015 |
Change |
||||||
|
Revenue passengers (in thousands) |
2,434 |
2,245 |
8.4% |
4,943 |
4,603 |
7.4% |
|||||
|
Revenue passenger miles RPM (in millions) |
2,650 |
2,328 |
13.8% |
5,406 |
4,824 |
12.1% |
|||||
|
Available seat miles ASM (in millions) |
3,295 |
2,792 |
18.0% |
6,780 |
5,892 |
15.1% |
|||||
|
Passenger load factor |
80.4% |
83.4% |
(3.0) pts |
79.7% |
81.9% |
(2.2) pts |
|||||
ALASKA AIRLINES – MAINLINE
Alaska reported a 13.2 percent increase in traffic on a 17.3 percent increase in capacity compared to February 2015. Load factor decreased 2.9 points to 80.7 percent. Alaska also reported 89.3 percent of its flights arrived on-time in February, compared to 84.8 percent reported in February 2015.
The following table shows Alaska's operational results for February and year-to-date 2016, compared to the prior-year periods:
|
February |
Year-to-Date |
||||||||||
|
2016 |
2015 |
Change |
2016 |
2015 |
Change |
||||||
|
Revenue passengers (in thousands) |
1,742 |
1,599 |
8.9% |
3,553 |
3,279 |
8.4% |
|||||
|
RPMs (in millions) |
2,380 |
2,102 |
13.2% |
4,871 |
4,361 |
11.7% |
|||||
|
ASMs (in millions) |
2,948 |
2,514 |
17.3% |
6,076 |
5,303 |
14.6% |
|||||
|
Passenger load factor |
80.7% |
83.6% |
(2.9) pts |
80.2% |
82.2% |
(2.0) pts |
|||||
|
On-time arrivals as reported to U.S. DOT |
89.3% |
84.8% |
4.5 pts |
88.1% |
84.6% |
3.5 pts |
|||||
REGIONAL FLYING
Regional traffic increased 19.0 percent on a 24.8 percent increase in capacity compared to February 2015. Load factor decreased 3.7 points to 77.5 percent.
The following table shows regional operational results for February and year-to-date 2016, compared to the prior-year periods:
|
February |
Year-to-Date |
||||||||||
|
2016 |
2015 |
Change |
2016 |
2015 |
Change |
||||||
|
Revenue passengers (in thousands) |
692 |
646 |
7.1% |
1,390 |
1,323 |
5.1% |
|||||
|
RPMs (in millions) |
269 |
226 |
19.0% |
535 |
463 |
15.6% |
|||||
|
ASMs (in millions) |
347 |
278 |
24.8% |
704 |
588 |
19.7% |
|||||
|
Passenger load factor |
77.5% |
81.2% |
(3.7) pts |
76.0% |
78.7% |
(2.7) 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, Mexico and Costa Rica. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers in North America" in the J.D. Power North America 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 Alaska Airlines' newsroom at www.alaskaair.com/newsroom.
SOURCE Alaska Air Group Inc.
