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Alaska Air Group reports October 2018 operational results

SEATTLE, Nov. 16, 2018 /PRNewswire/ -- Alaska Air Group Inc. today reported October and year-to-date operational results on a consolidated basis for its mainline operations operated by subsidiary Alaska Airlines Inc. and for its regional flying operated by subsidiary Horizon Air Industries Inc. 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. 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 2.4 percent increase in traffic on a 2.4 percent increase in capacity compared to October 2017. Load factor was flat as compared to the prior year.

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

 

October

  

Year-to-Date
 

2018

  

2017

  

Change

  

2018

  

2017

  

Change

Revenue passengers (000)

3,744

  

3,623

  

3.3%

  

38,429

  

36,661

  

4.8%

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

4,472

  

4,367

  

2.4%

  

45,745

  

43,438

  

5.3%

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

5,337

  

5,211

  

2.4%

  

54,593

  

51,380

  

6.3%

Passenger load factor

83.8%

  

83.8%

  

— pts

  

83.8%

  

84.5%

  

(0.7) pts

MAINLINE
Mainline reported a 1.2 percent increase in traffic on a 1.2 percent increase in capacity compared to October 2017. Load factor was flat as compared to the prior year. Mainline also reported 80 percent of its flights arrived on time in October 2018, compared to 82.3 percent reported in October 2017.

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

 

October

  

Year-to-Date
 

2018

  

2017

  

Change

  

2018

  

2017

  

Change

Revenue passengers (000)

2,888

  

2,863

  

0.9%

  

29,995

  

28,713

  

4.5%

RPMs (000,000)

4,057

  

4,008

  

1.2%

  

41,734

  

40,053

  

4.2%

ASMs (000,000)

4,820

  

4,762

  

1.2%

  

49,550

  

47,159

  

5.1%

Passenger load factor

84.2%

  

84.2%

  

— pts

  

84.2%

  

84.9%

  

(0.7) pts

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

80.0%

  

82.3%

  

(2.3) pts

  

82.9%

  

78.4%

  

4.5 pts

REGIONAL
Regional traffic increased 15.6 percent on a 15.1 percent increase in capacity compared to October 2017. Load factor increased 0.3 points to 80.3 percent. Alaska's regional partners also reported 78.4 percent of its flights arrived on time in October 2018, compared to 81.3 percent in October 2017.

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

 

October

  

Year-to-Date
 

2018

  

2017

  

Change

  

2018

  

2017

  

Change

Revenue passengers (000)

856

  

760

  

12.6%

  

8,434

  

7,948

  

6.1%

RPMs (000,000)

415

  

359

  

15.6%

  

4,011

  

3,385

  

18.5%

ASMs (000,000)

517

  

449

  

15.1%

  

5,043

  

4,221

  

19.5%

Passenger load factor

80.3%

  

80.0%

  

0.3 pts

  

79.5%

  

80.2%

  

(0.7) pts

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

78.4%

  

81.3%

  

(2.9) pts

  

83.9%

  

79.6%

  

4.3 pts

Alaska Airlines and its regional partners fly 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 Airline Satisfaction Study for 11 consecutive years from 2008 to 2018. Learn about Alaska's award-winning service at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines 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-october-2018-operational-results-300751866.html

SOURCE Alaska Air Group Inc.

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