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Alaska Air Group Reports February 2016 Operational Results

SEATTLE, March 2, 2016 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported February and year-to-date operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines, Inc. (Alaska), and for its regional flying operated by subsidiary Horizon Air Industries, Inc. and third-party regional carriers, SkyWest Airlines and PenAir. Detailed information is provided below.

AIR GROUP

On a combined basis, Air Group reported a 13.8 percent increase in traffic on an 18.0 percent increase in capacity compared to February 2015. Load factor decreased 3.0 points to 80.4 percent. These statistics include flights operated by Alaska, Horizon, and those under third-party capacity purchase agreements.

The following table shows the operational results for February and year-to-date 2016, compared to the prior-year periods:

February

Year-to-Date

2016

2015

Change

2016

2015

Change

Revenue passengers (in thousands)

2,434

2,245

8.4%

4,943

4,603

7.4%

Revenue passenger miles RPM (in millions)

2,650

2,328

13.8%

5,406

4,824

12.1%

Available seat miles ASM (in millions)

3,295

2,792

18.0%

6,780

5,892

15.1%

Passenger load factor

80.4%

83.4%

(3.0) pts

79.7%

81.9%

(2.2) pts

ALASKA AIRLINES - MAINLINE

Alaska reported a 13.2 percent increase in traffic on a 17.3 percent increase in capacity compared to February 2015. Load factor decreased 2.9 points to 80.7 percent. Alaska also reported 89.3 percent of its flights arrived on-time in February, compared to 84.8 percent reported in February 2015.

The following table shows Alaska's operational results for February and year-to-date 2016, compared to the prior-year periods:

February

Year-to-Date

2016

2015

Change

2016

2015

Change

Revenue passengers (in thousands)

1,742

1,599

8.9%

3,553

3,279

8.4%

RPMs (in millions)

2,380

2,102

13.2%

4,871

4,361

11.7%

ASMs (in millions)

2,948

2,514

17.3%

6,076

5,303

14.6%

Passenger load factor

80.7%

83.6%

(2.9) pts

80.2%

82.2%

(2.0) pts

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

89.3%

84.8%

4.5 pts

88.1%

84.6%

3.5 pts

REGIONAL FLYING

Regional traffic increased 19.0 percent on a 24.8 percent increase in capacity compared to February 2015. Load factor decreased 3.7 points to 77.5 percent.

The following table shows regional operational results for February and year-to-date 2016, compared to the prior-year periods:

February

Year-to-Date

2016

2015

Change

2016

2015

Change

Revenue passengers (in thousands)

692

646

7.1%

1,390

1,323

5.1%

RPMs (in millions)

269

226

19.0%

535

463

15.6%

ASMs (in millions)

347

278

24.8%

704

588

19.7%

Passenger load factor

77.5%

81.2%

(3.7) pts

76.0%

78.7%

(2.7) pts

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves more than 100 cities through an expansive network in the United States, Canada, Mexico and Costa Rica. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers in North America" in the J.D. Power North America Airline Satisfaction Study for eight consecutive years from 2008 to 2015. Alaska Airlines' Mileage Plan also ranked "Highest in Customer Satisfaction with Airline Loyalty Rewards Programs" in the J.D. Power 2014 and 2015 Airline Loyalty/Rewards Program Satisfaction Report. For reservations, visit www.alaskaair.com. For more news and information, visit Alaska Airlines' newsroom at www.alaskaair.com/newsroom.

               

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alaska-air-group-reports-february-2016-operational-results-300229117.html

SOURCE Alaska Air Group Inc.

Media, Bobbie Egan, Corporate Communications, (206) 392-5134; or Investor, Lavanya Sareen, Managing Director, Investor Relations, (206) 392-5656