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Alaska Air Group reports March 2018 operational results

SEATTLE, April 13, 2018 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported March and year-to-date operational results on a consolidated basis for its mainline operations flown 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 6.5 percent increase in traffic on a 7.2 percent increase in capacity compared to March 2017. Load factor decreased 0.5 points to 84.9 percent.

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

 

March

  

Year-to-Date
 

2018

  

2017

  

Change

  

2018

  

2017

  

Change

Revenue passengers (000)

3,920

  

3,737

  

4.9%

  

10,489

  

10,008

  

4.8%

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

4,654

  

4,369

  

6.5%

  

12,403

  

11,707

  

5.9%

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

5,485

  

5,116

  

7.2%

  

15,480

  

14,394

  

7.5%

Passenger load factor

84.9%

  

85.4%

  

(0.5) pts

  

80.1%

  

81.3%

  

(1.2) pts

MAINLINE

Mainline reported a 5.4 percent increase in traffic on a 6 percent increase in capacity compared to March 2017. Load factor decreased 0.5 points to 85.4 percent. Mainline also reported 81.9 percent of its flights arrived on time in March 2018, compared to 75.9 percent reported in March 2017.

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

 

March

  

Year-to-Date
 

2018

  

2017

  

Change

  

2018

  

2017

  

Change

Revenue passengers (000)

3,085

  

2,906

  

6.2%

  

8,211

  

7,774

  

5.6%

RPMs (000,000)

4,256

  

4,039

  

5.4%

  

11,360

  

10,827

  

4.9%

ASMs (000,000)

4,985

  

4,704

  

6.0%

  

14,098

  

13,260

  

6.3%

Passenger load factor

85.4%

  

85.9%

  

(0.5) pts

  

80.6%

  

81.7%

  

(1.1) pts

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

81.9%

  

75.9%

  

6.0 pts

  

84.4%

  

74.6%

  

9.8 pts

REGIONAL

Regional traffic increased 20.6 percent on a 21.4 percent increase in capacity compared to March 2017. Load factor decreased 0.4 points to 79.7 percent. Alaska's regional partners also reported 86.7 percent of its flights arrived on time in March 2018, compared to 84.2 percent in March 2017.

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

 

March

  

Year-to-Date
 

2018

  

2017

  

Change

  

2018

  

2017

  

Change

Revenue passengers (000)

835

  

831

  

0.5%

  

2,278

  

2,234

  

2.0%

RPMs (000,000)

398

  

330

  

20.6%

  

1,043

  

880

  

18.5%

ASMs (000,000)

500

  

412

  

21.4%

  

1,382

  

1,134

  

21.9%

Passenger load factor

79.7%

  

80.1%

  

(0.4) pts

  

75.5%

  

77.6%

  

(2.1) pts

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

86.7%

  

84.2%

  

2.5 pts

  

86.2%

  

72.6%

  

13.6 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. Learn 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-march-2018-operational-results-300629240.html

SOURCE Alaska Air Group Inc.

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