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Alaska Air Group reports June 2018 operational results

SEATTLE, July 16, 2018 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported June 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. (Horizon) and third-party regional carriers SkyWest Airlines and Peninsula Airlines.

On January 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 7.3 percent increase in traffic on a 6.1 percent increase in capacity compared to June 2017. Load factor increased 1 point to 88.3 percent.

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

 

June

  

Year-to-Date
 

2018

  

2017

  

Change

  

2018

  

2017

  

Change

Revenue passengers (000)

4,188

  

3,931

  

6.5%

  

22,558

  

21,399

  

5.4%

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

5,050

  

4,707

  

7.3%

  

26,887

  

25,261

  

6.4%

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

5,716

  

5,389

  

6.1%

  

32,313

  

30,005

  

7.7%

Passenger load factor

88.3%

  

87.3%

  

1.0 pt

  

83.2%

  

84.2%

  

(1.0) pt

MAINLINE
Mainline reported a 6.4 percent increase in traffic on a 5.2 percent increase in capacity compared to June 2017. Load factor increased 1.1 points to 88.8 percent. Mainline also reported 82.4 percent of its flights arrived on time in June 2018, compared to 78.7 percent reported in June 2017.

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

 

June

  

Year-to-Date
 

2018

  

2017

  

Change

  

2018

  

2017

  

Change

Revenue passengers (000)

3,275

  

3,074

  

6.5%

  

17,673

  

16,715

  

5.7%

RPMs (000,000)

4,615

  

4,337

  

6.4%

  

24,581

  

23,351

  

5.3%

ASMs (000,000)

5,199

  

4,943

  

5.2%

  

29,387

  

27,601

  

6.5%

Passenger load factor

88.8%

  

87.7%

  

1.1 pts

  

83.6%

  

84.6%

  

(1.0) pt

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

82.4%

  

78.7%

  

3.7 pts

  

83.4%

  

76.0%

  

7.4 pts

REGIONAL
Regional traffic increased 17.6 percent on a 15.9 percent increase in capacity compared to June 2017. Load factor increased 1 point to 84.0 percent. Alaska's regional partners also reported 85.9 percent of its flights arrived on time in June 2018, compared to 79.8 percent in June 2017.

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

 

June

  

Year-to-Date
 

2018

  

2017

  

Change

  

2018

  

2017

  

Change

Revenue passengers (000)

913

  

857

  

6.5%

  

4,885

  

4,684

  

4.3%

RPMs (000,000)

435

  

370

  

17.6%

  

2,306

  

1,910

  

20.7%

ASMs (000,000)

517

  

446

  

15.9%

  

2,926

  

2,404

  

21.7%

Passenger load factor

84.0%

  

83.0%

  

1.0 pt

  

78.8%

  

79.5%

  

(0.7) pts

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

85.9%

  

79.8%

  

6.1 pts

  

86.3%

  

78.7%

  

7.6 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, 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-june-2018-operational-results-300680462.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