|  July 30, 2014  |  
Partly Cloudy   70.0F  |  Forecast »

Alaska Air Group Reports October Operational Results

11/3/2011 6:18 a.m.

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

ALASKA AIRLINES

Alaska reported a 6.0 percent increase in traffic on a 5.1 percent increase in capacity compared to October 2010. This resulted in a 0.8-point increase in load factor to an October record 82.6 percent. Alaska also reported an October record 91.1 percent of its flights arrived on time, compared to the 88.1 percent reported in October 2010.
The following table shows Alaska's operational results for October 2011 and year-to-date 2011, compared to the prior-year periods:

October Year-to-Date
2011 2010 Change 2011 2010 Change Revenue passenger miles RPMs (in millions) 1,793 1,691 6.0% 18,804 16,815 11.8% Available seat miles
ASMs (in millions) 2,172 2,066 5.1% 22,163 20,263 9.4% Passenger load factor 82.6% 81.8% 0.8pts 84.8% 83.0% 1.8pts Revenue passengers(in thousands) 1,413 1,352 4.5% 14,892 13,725 8.5% On-time arrivals as reported to U.S. DOT 91.1% 88.1% 3.0pts 88.8% 88.7% 0.1pts


HORIZON AIR

Horizon reported a 16.3 percent decline in traffic on a 19.5 percent decline in capacity compared to October 2010. This resulted in a 2.9-point increase in load factor to an October record 77.7 percent. Horizon also reported an October record 91.8 percent of its flights arrived on time, compared to the 85.0 percent reported in October 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 fleet and a corresponding reduction in the size of Horizon's operating fleet from 53 aircraft at October 31, 2010, to 48 aircraft at October 31, 2011. This transition was completed in June of 2011. 

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

October Year-to-Date 2011 2010 Change 2011 2010 Change RPMs (in millions) 164 196 (16.3)% 1,798 2,053 (12.4)% ASMs (in millions) 211 262 (19.5)% 2,307 2,723 (15.3)% Passenger load factor 77.7% 74.8% 2.9pts 77.9% 75.4% 2.5pts Revenue passengers (in thousands) 533 563 (5.3)% 5,554 5,679 (2.2)% On-time arrivals 91.8% 85.0% 6.8pts 85.5% 86.9% (1.4)pts AIR GROUP (including flights operated by third parties)

On a combined basis, Air Group reported a 5.5 percent increase in traffic on a 4.2 percent increase in capacity compared to October 2010. This resulted in a 1.0-point increase in load factor to 82.0 percent. These statistics include flights operated by Alaska and Horizon, and those under capacity purchase arrangements with SkyWest and a small third-party carrier in the state of Alaska. The following table shows the operational results for October 2011 and year-to-date 2011, compared to the prior-year periods:


October Year-to-Date 2011 2010 Change 2011 2010 Change RPMs (in millions) 1,994 1,890 5.5% 20,842 18,903 10.3% ASMs (in millions) 2,431 2,333 4.2% 24,758 23,042 7.4% Passenger load factor 82.0% 81.0% 1.0pts 84.2% 82.0% 2.2pts Revenue passengers (in thousands) 1,988 1,915 3.8% 20,696 19,404 6.7%
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.

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement