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Alaska Air Group reports October 2017 operational results

SEATTLE, Nov. 17, 2017 /PRNewswire/ -- Alaska Air Group Inc. today reported October and year-to-date 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.

Air Group's acquisition of Virgin America took place on Dec. 14, 2016. Operational results below include Virgin America results from pre-acquisition periods for comparison.

AIR GROUP
On a combined basis for all operations, Air Group reported an 11 percent increase in traffic on an 11.6 percent increase in capacity compared to October 2016. Load factor decreased 0.4 points to 83.8 percent.

The following table shows the operational results for October and year-to-date, compared to the prior-year periods(1):

October

Year-to-Date

2017

2016

Change

2017

2016

Change

Revenue passengers (000)

3,623

3,436

5.4%

36,686

35,001

4.8%

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

4,367

3,935

11.0%

43,438

40,605

7.0%

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

5,211

4,671

11.6%

51,380

48,219

6.6%

Passenger load factor

83.8%

84.2%

(0.4) pts

84.5%

84.2%

0.3 pts

(1)     2016 information has been adjusted to include Virgin America operating results for comparison.

ALASKA
Alaska reported a 9.3 percent increase in traffic on a 10.6 percent increase in capacity compared to October 2016. Load factor decreased 1 point to 83.8 percent. Alaska also reported 86 percent of its flights arrived on time in October 2017, compared to 87.6 percent reported in October 2016.

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

October

Year-to-Date

2017

2016

Change

2017

2016

Change

Revenue passengers (000)

2,111

1,949

8.3%

21,805

20,381

7.0%

RPMs (000,000)

2,832

2,591

9.3%

29,414

27,359

7.5%

ASMs (000,000)

3,379

3,056

10.6%

34,501

32,272

6.9%

Passenger load factor

83.8%

84.8%

(1.0) pt

85.3%

84.8%

0.5 pts

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

86.0%

87.6%

(1.6) pts

82.4%

88.4%

(6.0) pts

VIRGIN AMERICA
Virgin America traffic increased 14.2 percent on a 13.4 percent increase in capacity compared to October 2016. Load factor increased 0.6 points to 85 percent. Virgin America also reported 73.3 percent of its flights arrived on time in October 2017, compared to 76.2 percent in October 2016.

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

October

Year-to-Date

2017

2016

Change

2017

2016

Change

Revenue passengers (000)

752

685

9.8%

6,934

6,713

3.3%

RPMs (000,000)

1,176

1,030

14.2%

10,639

10,131

5.0%

ASMs (000,000)

1,383

1,220

13.4%

12,658

12,041

5.1%

Passenger load factor

85.0%

84.4%

0.6 pts

84.0%

84.1%

(0.1) pts

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

73.3%

76.2%

(2.9) pts

67.8%

76.5%

(8.7) pts

REGIONAL
Regional traffic increased 14.3 percent on a 13.7 percent increase in capacity compared to October 2016. Load factor increased 0.5 points to 80 percent. Alaska's regional partners also reported 81.3 percent of its flights arrived on time in October 2017, compared to 85.5 percent in October 2016.

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

October

Year-to-Date

2017

2016

Change

2017

2016

Change

Revenue passengers (000)

760

802

(5.2)%

7,947

7,907

0.5%

RPMs (000,000)

359

314

14.3%

3,385

3,115

8.7%

ASMs (000,000)

449

395

13.7%

4,221

3,906

8.1%

Passenger load factor

80.0%

79.5%

0.5 pts

80.2%

79.7%

0.5 pts

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

81.3%

85.5%

(4.2) pts

79.6%

87.3%

(7.7) pts

Alaska Airlines, together with Virgin America and its regional partners, flies 40 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).

 

View original content:http://www.prnewswire.com/news-releases/alaska-air-group-reports-october-2017-operational-results-300558385.html

SOURCE Alaska Air Group Inc.

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