|  September 1, 2014  |  
Fair   49.0F  |  Forecast »

Alaska Air Group Reports December and Year-End Operational Results

SEATTLE — Alaska Air Group Inc. (NYSE: ALK) today reported December and year-end 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 6.2 percent increase in traffic on a 4.0 percent increase in capacity compared to December 2010. This resulted in a 1.8-point increase in load factor to a December record of 87.4 percent. Alaska also reported a record 85.4 percent of its flights arrived on time in December, compared to the 80.9 percent reported in December 2010. For the full-year 2011, Alaska reported a record load factor of 85.2 percent, carried a record 17.8 million passengers and operated a record 88.2 percent of its flights on time.

The following table shows Alaska's operational results for December and full-year 2011, compared to the prior-year periods:
 

 
December
Year-to-Date
  2011 2010 Change 2011 2010 Change
Revenue passengers (in thousands) 1,485 1,440 3.1% 17,810 16,514 7.8%
Revenue passenger miles RPM (in millions) 1,941 1,827 6.2% 22,586 20,350 11.0%
Available seat miles
ASM (in millions)
2,220 2,135 4.0% 26,517 24,434 8.5%
Passenger load factor 87.4% 85.6% 1.8pts 85.2% 83.3% 1.9pts
On-time arrivals as reported to U.S. DOT 85.4% 80.9% 4.5pts 88.2% 87.5% 0.7pts

 

Horizon Air

Horizon reported a 17.5 percent decline in December traffic on a 17.6 percent decline in capacity compared to December 2010. This resulted in a 0.1-point increase in load factor to a December record of 78.7 percent and full-year record of 78.2 percent. Horizon also reported a record 90.2 percent of its flights arrived on time in December, compared to the 67.6 percent reported in December 2010. The significant decline in capacity and traffic for Horizon from the prior year is due primarily to the completion of Horizon's transition out of the CRJ-700 regional jet and a corresponding reduction in the size of Horizon's operating fleet from 54 aircraft at December 31, 2010, to 48 aircraft at December 31, 2011. This transition was completed in June of 2011.

The following table shows Horizon's operational results for December and full-year 2011, compared to the prior-year periods:

 
December
Year-to-Date
  2011 2010 Change 2011 2010 Change
Revenue passengers (in thousands) 562 594 (5.4)% 6,641 6,820 (2.6)%
RPMs (in millions) 170 206 (17.5)% 2,131 2,450 (13.0)%
ASMs (in millions) 216 262 (17.6)% 2,726 3,235 (15.7)%
Passenger load factor 78.7% 78.6% 0.1pts 78.2% 75.7% 2.5pts
On-time arrivals 90.2% 67.6% 22.6pts 86.1% 84.1% 2.0pts
             

Air Group (including flights operated by third parties)

On a combined basis, Air Group reported a 5.5 percent increase in traffic on a 3.6 percent increase in capacity compared to December 2010. This resulted in a 1.6-point increase in load factor to 86.4 percent. These statistics include flights operated by Alaska and those under capacity purchase arrangements including Horizon, SkyWest and a small third-party carrier in the state of Alaska.

The following table shows the operational results for December and full-year 2011, compared to the prior-year periods:

 
December
Year-to-Date
  2011 2010 Change 2011 2010 Change
Revenue passengers (in thousands) 2,094 2,033 3.0% 24,790 23,334 6.2%
RPMs (in millions) 2,149 2,037 5.5% 25,032 22,841 9.6%
ASMs (in millions) 2,488 2,402 3.6% 29,627 27,736 6.8%
Passenger load factor 86.4% 84.8% 1.6pts 84.5% 82.4% 2.1pts



Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK), together serve 90 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Network Carriers" in the J.D. Power and Associates 2008, 2009, 2010 and 2011 North America Airline Satisfaction StudiesSM. For reservations, visit www.alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at www.alaskaair.com/newsroom.

Add your comment:
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement