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Alaska Air Group reports February 2018 operational results

SEATTLE, March 13, 2018 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported February operational results on a consolidated basis, for its mainline operations operated by subsidiaries Alaska Airlines Inc. (Alaska) and Virgin America Inc. (Virgin America), and for its regional flying operated by subsidiary Horizon Air Industries Inc. (Horizon) and third-party regional carriers SkyWest Airlines and Peninsula Airlines.

On Jan. 11, 2018, Alaska and Virgin America consolidated their operations onto a Single Operating Certificate (SOC). Results for Alaska and Virgin America have been combined into a single mainline operation.

AIR GROUP
On a combined basis for all operations, Air Group reported a 7.9 percent increase in traffic on a 9 percent increase in capacity compared to February 2017. Load factor decreased 0.8 points to 79.4 percent.

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

 

February

  

Year-to-Date
 

2018

  

2017

  

Change

  

2018

  

2017

  

Change

Revenue passengers (000)

3,229

  

3,029

  

6.6%

  

6,571

  

6,270

  

4.8%

Revenue passenger miles RPM (000,000) "traffic"

3,778

  

3,503

  

7.9%

  

7,750

  

7,339

  

5.6%

Available seat miles ASM (000,000) "capacity"

4,758

  

4,366

  

9.0%

  

9,994

  

9,277

  

7.7%

Passenger load factor

79.4%

  

80.2%

  

(0.8) pts

  

77.5%

  

79.1%

  

(1.6) pts

MAINLINE
Mainline reported a 7.1 percent increase in traffic on an 8.1 percent increase in capacity compared to February 2017. Load factor decreased 0.7 points to 79.7 percent. Mainline also reported 84.3 percent of its flights arrived on time in February 2018, compared to 73.9 percent reported in February 2017.

Mainline operational results reflect both Alaska and Virgin America combined. The following table shows mainline operational results for February and year-to-date, compared to the prior-year periods:

 

February

  

Year-to-Date
 

2018

  

2017

  

Change

  

2018

  

2017

  

Change

Revenue passengers (000)

2,531

  

2,345

  

7.9%

  

5,126

  

4,867

  

5.3%

RPMs (000,000)

3,462

  

3,232

  

7.1%

  

7,105

  

6,789

  

4.7%

ASMs (000,000)

4,345

  

4,020

  

8.1%

  

9,113

  

8,555

  

6.5%

Passenger load factor

79.7%

  

80.4%

  

(0.7) pts

  

78.0%

  

79.4%

  

(1.4) pts

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

84.3%

  

73.9%

  

10.4 pts

  

85.7%

  

73.8%

  

11.9 pts

REGIONAL
Regional traffic increased 16.6 percent on a 19.4 percent increase in capacity compared to February 2017. Load factor decreased 1.8 points to 76.5 percent. Alaska's regional partners also reported 85.3 percent of its flights arrived on time in February 2018, compared to 69.6 percent in February 2017.

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

 

February

  

Year-to-Date
 

2018

  

2017

  

Change

  

2018

  

2017

  

Change

Revenue passengers (000)

698

  

684

  

2.0%

  

1,445

  

1,403

  

3.0%

RPMs (000,000)

316

  

271

  

16.6%

  

645

  

550

  

17.3%

ASMs (000,000)

413

  

346

  

19.4%

  

881

  

722

  

22.0%

Passenger load factor

76.5%

  

78.3%

  

(1.8) pts

  

73.2%

  

76.2%

  

(3.0) pts

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

85.3%

  

69.6%

  

15.7 pts

  

85.8%

  

66.9%

  

18.9 pts

Alaska Airlines, together with Virgin America and its regional partners, flies 44 million guests a year to more than 115 destinations with an average of 1,200 daily flights across the United States and to Mexico, Canada and Costa Rica. With Alaska and Alaska Global Partners, guests can earn and redeem miles on flights to more than 900 destinations worldwide. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers in North America" in the J.D. Power North America Satisfaction Study for 10 consecutive years from 2008 to 2017. Learn more about Alaska's award-winning service at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines, Virgin America and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

 

Cision View original content:http://www.prnewswire.com/news-releases/alaska-air-group-reports-february-2018-operational-results-300613224.html

SOURCE Alaska Air Group Inc.

Media Relations, (206) 304-0008, newsroom@alaskaair.com or Investors, Matt Grady, Director, Investor Relations, (206) 392-5382