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Alaska Air Group Reports February Operational Results

SEATTLE - Alaska Air Group, Inc. (NYSE: ALK) today reported February operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).

ALASKA AIRLINES

Alaska reported a 19.0 percent increase in traffic on a 16.5 percent increase in capacity, resulting in a 1.7-point increase in load factor to 81.5 percent. Alaska also reported that 82.1 percent of its flights arrived on time in February, a 4.1-point decrease compared to the 86.2 percent reported in February 2010.

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

2011

February2010



Change

2011

Year-to-Date2010

Change

Revenue passenger miles RPMs (in millions) 1,606


1,350 19.0%

3,312

2,823

17.3%

Available seat miles
ASMs (in millions)

1,971



1,692



16.5%



4,102



3,588



14.3%

Passenger load factor 81.5%

79.8%

1.7pts

80.7%

78.7%

2.0pts

Revenue passengers (in thousands) 1,251

1,106

13.1%

2,566

2,290

12.1%

On-time arrivals as reported to U.S. DOT 82.1%

86.2%

(4.1)pts

83.8%

86.0%

(2.2)pts

HORIZON AIR

Horizon reported a 0.6 percent decline in traffic on a 6.5 percent decline in capacity compared to February 2010, resulting in a 4.5-point increase in load factor to 76.7 percent. Horizon also reported that 73.5 percent of its flights arrived on time in February 2011, a 15.5-point decrease compared to the 89.0 percent reported in February 2010.

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

2011

February2010



Change

2011

Year-to-Date2010

Change

RPMs (in millions) 177

178

(0.6)%

360

362

(0.8)%

ASMs (in millions)

230



246



(6.5)%



484



515



(5.9)%

Passenger load factor 76.7%

72.2%

4.5pts

74.2%

70.4%

3.8pts

Revenue passengers (in thousands) 512

496

3.3%

1,050

1,018

3.1%

On-time arrivals 73.5%

89.0%

(15.5)pts

75.3%

87.7%

(12.4)pts


Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK), together serve more than 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 and 2010 North America Airline Satisfaction StudiesSM. For reservations, visit alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at alaskaair.com/newsroom.

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