Quantcast

Alaska Air Group Reports November Operational Results

December 2, 2010

SEATTLE, Dec. 2, 2010 /PRNewswire/ — Alaska Air Group, Inc. (NYSE: ALK) today reported November operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).

ALASKA AIRLINES

Alaska reported a 15.5 percent increase in traffic on a 9.9 percent increase in capacity, resulting in a 4.1-point increase in load factor to 83.9 percent. Alaska also reported that 82.5 percent of its flights arrived on time in November 2010, a 5.7-point decrease compared to the 88.2 percent reported in November 2009.

The following table shows the operational results for November 2010 and for the first 11 months of 2010, compared to the prior-year periods:


                                 November                 Year-to-Date
                                 --------                 ------------
                             2010   2009  Change      2010    2009  Change
                             ----   ----  ------      ----    ----  ------
    Revenue passenger miles
        RPMs (in millions)  1,708  1,479      15.5% 18,523  16,750     10.6%
    Available seat miles
        ASMs (in millions)  2,035  1,852       9.9% 22,299  21,216      5.1%
    Passenger load factor    83.9%  79.8%   4.1pts    83.1%   79.0%  4.1pts
    Revenue passengers (in
     thousands)             1,350  1,217      10.9% 15,075  14,243      5.8%
    On-time arrivals as
     reported
      to U.S. DOT            82.5%  88.2% (5.7)pts    88.2%   82.8%  5.4pts
      -----------            ----   ----  --------    ----    ----   ------

HORIZON AIR

Horizon reported a 2.0 percent decline in traffic on a 6.8 percent decline in capacity compared to November 2009, resulting in a 3.7-point increase in load factor to 76.3 percent. Horizon also reported that 70.9 percent of its flights arrived on time in November 2010, a 16.6-point decrease compared to the 87.5 percent reported in November 2009. Horizon’s on-time performance was negatively impacted by significant winter weather in the Pacific Northwest during the last eleven days of November.

The following table shows the operational results for November 2010 and for the first eleven months of 2010, compared to the prior-year periods:


                                 November                Year-to-Date
                                 --------                ------------
                           2010   2009    Change     2010     2009   Change
                           ----   ----    ------     ----     ----   ------
    RPMs (in millions)      190    194       (2.0)% 2,244    2,197        2.1%
    ASMs (in millions)      250    268       (6.8)% 2,973    3,014      (1.4)%
    Passenger load factor  76.3%  72.6%     3.7pts   75.5%    72.9%    2.6pts
    Revenue passengers (in
     thousands)             547    540         1.3% 6,226    6,165        1.0%
    On-time arrivals       70.9%  87.5%  (16.6)pts   85.6%    86.6%  (1.0)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 Studies(SM). For reservations, visit alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at alaskaair.com/newsroom

SOURCE Alaska Air Group, Inc.


Source: newswire



comments powered by Disqus