Attached files

file filename
8-K - ALASKA AIR GROUP INC. 8-K - ALASKA AIR GROUP, INC.form8-k.htm
EX-99..2 - INVESTOR UPDATE DATED JANUARY 6, 2011 - ALASKA AIR GROUP, INC.ex99-2.htm


                                                          Exhibit 99.1

 
Media contact:                                                -or-                   Investor/analyst contact:
Bobbie Egan                                                                     Chris Berry
Media Relations Manager                                                      Managing Director of Investor Relations
(206) 392-5134                                                                    (206) 392-5260


FOR IMMEDIATE RELEASE                                                                                                                                                       Jan. 4, 2011

ALASKA AIR GROUP REPORTS DECEMBER OPERATIONAL RESULTS

SEATTLE — Alaska Air Group, Inc. (NYSE:ALK) today reported December operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).

ALASKA AIRLINES
    Alaska reported a 13.3 percent increase in traffic on a 10.7 percent increase in capacity, resulting in a 2.0-point increase in load factor to 85.6 percent. Alaska also reported that 80.9 percent of its flights arrived on time in December 2010, a 3.1-point decrease compared to the 84.0 percent reported in December 2009.  
      The following table shows the operational results for December 2010 and for the full year 2010, compared to the prior-year periods:


 
December
Year-to-Date
 
2010
2009
    Change
2010
2009
    Change
Revenue passenger miles
           
    RPMs (in millions)
1,827
1,612
13.3%
20,350
18,362
10.8%
Available seat miles
           
    ASMs (in millions)
2,135
1,928
10.7%
24,434
23,144
5.6%
Passenger load factor
85.6%
83.6%
2.0pts
83.3%
79.3%
4.0pts
Revenue passengers (in thousands)
1,440
1,318
9.2%
16,514
15,561
6.1%
On-time arrivals as reported
           
to U.S. DOT
80.9%
84.0%
(3.1)pts
87.5%
82.9%
4.6pts
 
 
 
 
 
 


-more-

 
 

 
 
-2-


HORIZON AIR
    Horizon reported a 2.4 percent decline in traffic on a 5.8 percent decline in capacity compared to December 2009, resulting in a 2.7-point increase in load factor to 78.6 percent.  Horizon also reported that 67.6 percent of its flights arrived on time in December 2010, a 13.1-point decrease compared to the 80.7 percent reported in December 2009.
    The following table shows the operational results for December 2010 and for the full year 2010, compared to the prior-year periods:


 
December
Year-to-Date
 
2010
2009
    Change
2010
2009
    Change
RPMs (in millions)
206
211
(2.4)%
2,450
2,408
1.7%
ASMs (in millions)
262
278
(5.8)%
3,235
3,292
(1.7)%
Passenger load factor
78.6%
75.9%
2.7pts
75.7%
73.1%
2.6pts
Revenue passengers (in thousands)
594
594
      -
6,820
6,759
0.9%
On-time arrivals
67.6%
80.7%
(13.1)pts
84.1%
86.1%
(2.0)pts
 
 

Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK), together serve more than 90 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines ranked “Highest in Customer Satisfaction Among Traditional Network Carriers” in the J.D. Power and Associates 2008, 2009 and 2010 North America Airline Satisfaction StudiesSM. For reservations, visit alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at alaskaair.com/newsroom

# # #