Alaska Air Group Reports August 2016 Operational Results

Alaska Air Group Inc. (NYSE: ALK) today reported August and year-to-date operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines, Inc....

 

SEATTLE, Sept. 2, 2016 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported August 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 9.0 percent increase in traffic on a 10.3 percent increase in capacity compared to August 2015. Load factor decreased 0.9 points to 85.8 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 August and year-to-date 2016, compared to the prior-year periods:

 

August

 

Year-to-Date

 

2016

 

2015

 

Change

 

2016

 

2015

 

Change

Revenue passengers (in thousands)

3,192

 

3,011

 

6.0%

 

22,825

 

21,383

 

6.7%

Revenue passenger miles RPM (in millions)

3,376

 

3,096

 

9.0%

 

24,741

 

22,419

 

10.4%

Available seat miles ASM (in millions)

3,936

 

3,570

 

10.3%

 

29,367

 

26,349

 

11.5%

Passenger load factor

85.8%

 

86.7%

 

(0.9) pts

 

84.2%

 

85.1%

 

(0.9) pts

 

ALASKA AIRLINES – MAINLINE

Alaska reported an 8.7 percent increase in traffic on a 9.9 percent increase in capacity compared to August 2015. Load factor decreased 0.9 points to 86.2 percent. Alaska also reported 87.8 percent of its flights arrived on-time in August, compared to 82.9 percent reported in August 2015.

The following table shows Alaska's operational results for August and year-to-date 2016, compared to the prior-year periods:

 

August

 

Year-to-Date

 

2016

 

2015

 

Change

 

2016

 

2015

 

Change

Revenue passengers (in thousands)

2,303

 

2,181

 

5.6%

 

16,521

 

15,380

 

7.4%

RPMs (in millions)

3,027

 

2,784

 

8.7%

 

22,255

 

20,275

 

9.8%

ASMs (in millions)

3,513

 

3,196

 

9.9%

 

26,243

 

23,728

 

10.6%

Passenger load factor

86.2%

 

87.1%

 

(0.9) pts

 

84.8%

 

85.4%

 

(0.6) pts

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

87.8%

 

82.9%

 

4.9 pts

 

88.3%

 

86.2%

 

2.1 pts

 

REGIONAL FLYING

Regional traffic increased 12.2 percent on a 13.1 percent increase in capacity compared to August 2015. Load factor decreased 0.7 points to 82.5 percent. Regional also reported 83.1 percent of its flights arrived on time in August, compared to 75.5 percent in August 2015.

The following table shows regional operational results for August and year-to-date 2016, compared to the prior-year periods:

 

August

 

Year-to-Date

 

2016

 

2015

 

Change

 

2016

 

2015

 

Change

Revenue passengers (in thousands)

889

 

831

 

7.0%

 

6,304

 

6,003

 

5.0%

RPMs (in millions)

349

 

311

 

12.2%

 

2,486

 

2,144

 

16.0%

ASMs (in millions)

423

 

374

 

13.1%

 

3,124

 

2,621

 

19.2%

Passenger load factor

82.5%

 

83.2%

 

(0.7) pts

 

79.6%

 

81.8%

 

(2.2) pts

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

83.1%

 

75.5%

 

7.6 pts

 

87.2%

 

85.2%

 

2.0 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, Canada, Costa Rica and Mexico. With Alaska's 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 Airlines 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.