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Alaska Air Group Reports December Operational Results

January 4, 2011

SEATTLE, Jan. 4, 2011 /PRNewswire/ — Alaska Air Group, Inc. (NYSE: ALK) today reported December operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).

ALASKA AIRLINES

Alaska reported a 13.3 percent increase in traffic on a 10.7 percent increase in capacity, resulting in a 2.0-point increase in load factor to 85.6 percent. Alaska also reported that 80.9 percent of its flights arrived on time in December 2010, a 3.1-point decrease compared to the 84.0 percent reported in December 2009.

The following table shows the operational results for December 2010 and for the full year 2010, compared to the prior-year periods:

                                         December             Year-to-Date
                                         --------             ------------
                            2010   2009  Change      2010    2009  Change
                            ----   ----  ------      ----    ----  ------
    Revenue passenger
     miles
        RPMs (in millions) 1,827  1,612      13.3% 20,350  18,362     10.8%
    Available seat miles
        ASMs (in millions) 2,135  1,928      10.7% 24,434  23,144      5.6%
    Passenger load factor   85.6%  83.6% 2.0pts      83.3%   79.3% 4.0pts
    Revenue passengers
     (in thousands)        1,440  1,318       9.2% 16,514  15,561      6.1%
    On-time arrivals as
     reported
        to U.S. DOT         80.9%  84.0% (3.1)pts    87.5%   82.9% 4.6pts
        -----------         ----   ----  --------    ----    ----  ------

HORIZON AIR

Horizon reported a 2.4 percent decline in traffic on a 5.8 percent decline in capacity compared to December 2009, resulting in a 2.7-point increase in load factor to 78.6 percent. Horizon also reported that 67.6 percent of its flights arrived on time in December 2010, a 13.1-point decrease compared to the 80.7 percent reported in December 2009.

The following table shows the operational results for December 2010 and for the full year 2010, compared to the prior-year periods:

                                         December            Year-to-Date
                                         --------            ------------
                           2010  2009   Change     2010   2009  Change
                           ----  ----   ------     ----   ----  ------
    RPMs (in millions)      206   211      (2.4)% 2,450  2,408       1.7%
    ASMs (in millions)      262   278      (5.8)% 3,235  3,292     (1.7)%
    Passenger load factor  78.6% 75.9%  2.7pts     75.7%  73.1% 2.6pts
    Revenue passengers (in
     thousands)             594   594      -      6,820  6,759       0.9%
    On-time arrivals       67.6% 80.7% (13.1)pts   84.1%  86.1% (2.0)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



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