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Alaska Air Group Reports March 2014 Operational Results

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

ALASKA AIRLINES - MAINLINE
Alaska reported a 4.0 percent increase in traffic on a 4.6 percent increase in capacity compared to March 2013. This resulted in a 0.6 point decrease in load factor to 87.7 percent. Alaska also reported a record 88.1 percent of its flights arrived on time in March, compared to the 85.5 percent reported in March 2013.
The following table shows Alaska's operational results for March and year-to-date 2014, compared to the prior-year periods:
 

 
March
Year-to-Date
  2014 2013 Change 2014 2013 Change
Revenue passengers (in thousands) 1,743 1,680 3.7% 4,737 4,534 4.5%
Revenue passenger miles RPM (in millions) 2,360 2,270 4.0% 6,402 6,172 3.7%
Available seat miles
ASM (in millions)
2,690 2,570 4.6% 7,495 7,203 4.1%
Passenger load factor 87.7% 88.3% (0.6)pts 85.4% 85.7% (0.3) pts
On-time arrivals as reported to U.S. DOT 88.1% 85.5% 2.6 pts 87.1% 87.6% (0.5) pts

HORIZON AIR
Horizon reported a 1.6 percent increase in March traffic on a 2.6 percent increase in capacity compared to March 2013. This resulted in a 1.0 point decrease in load factor to 79.9 percent. Horizon also reported 85.4 percent of its flights arrived on time in March, compared to the 90.0 percent reported in March 2013.

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

 
March
Year-to-Date
  2014 2013 Change 2014 2013 Change
Revenue passengers (in thousands) 630 602 4.7% 1,737 1,680 3.4%
RPMs (in millions) 187 184 1.6% 519 511 1.6%
ASMs (in millions) 234 228 2.6% 668 648 3.1%
Passenger load factor 79.9% 80.9% (1.0) pts 77.7% 78.8% (1.1) pts
On-time arrivals as reported to U.S. DOT 85.4% 90.0% (4.6) pts 84.7% 89.0% (4.3) pts
             

AIR GROUP
On a combined basis, Air Group reported a 4.7 percent increase in traffic on a 5.4 percent increase in capacity compared to March 2013. This resulted in a 0.6 point decrease in load factor to 87.1 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 March and year-to-date 2014, compared to the prior-year periods:

 
March
Year-to-Date
  2014 2013 Change 2014 2013 Change
Revenue passengers (in thousands) 2,442 2,326 5.0% 6,649 6,346 4.8%
RPMs (in millions) 2,607 2,491 4.7% 7,078 6,796 4.1%
ASMs (in millions) 2,994 2,840 5.4% 8,352 7,983 4.6%
Passenger load factor 87.1% 87.7% (0.6) pts 84.7% 85.1% (0.4) pts


Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves nearly 100 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. For more news and information, visit the Alaska Airlines Newsroom at www.alaskaair.com/newsroom.

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