Attached files
| file | filename |
|---|---|
| 8-K - 8-K - ALASKA AIR GROUP, INC. | alk8-k1092014trafficreport.htm |
| EX-99.2 - OCTOBER 9, 2014 ABBREVIATED INVESTOR UPDATE - ALASKA AIR GROUP, INC. | ex9921092014abbrinvestorup.htm |
Exhibit 99.1
Media contact: | Investor contact: | |
Bobbie Egan | Lavanya Sareen | |
Corporate Communications | Managing Director, Investor Relations | |
(206) 392-5134 | (206) 392-5656 | |
October 2, 2014
Alaska Air Group Reports September 2014 Operational Results
SEATTLE - Alaska Air Group Inc. (NYSE: ALK) today reported September and year-to-date operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below.
AIR GROUP
On a combined basis, Air Group reported a 9.0 percent increase in traffic on a 9.9 percent increase in capacity compared to September 2013. This resulted in a 0.7 point decrease in load factor to 81.9 percent. These statistics include flights operated by Alaska and those under capacity purchase agreements, including Horizon, SkyWest and PenAir.
The following table shows the operational results for September and year-to-date 2014, compared to the prior-year periods:
September | Year-to-Date | ||||||||||
2014 | 2013 | Change | 2014 | 2013 | Change | ||||||
Revenue passengers (in thousands) | 2,350 | 2,168 | 8.4% | 21,996 | 20,720 | 6.2% | |||||
Revenue passenger miles RPM (in millions) | 2,393 | 2,196 | 9.0% | 23,078 | 21,852 | 5.6% | |||||
Available seat miles ASM (in millions) | 2,923 | 2,659 | 9.9% | 26,922 | 25,397 | 6.0% | |||||
Passenger load factor | 81.9% | 82.6% | (0.7) pts | 85.7% | 86.0% | (0.3) pts | |||||
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ALASKA AIRLINES - MAINLINE
Alaska reported an 8.3 percent increase in traffic on a 9.2 percent increase in capacity compared to September 2013. This resulted in a 0.7 point decrease in load factor to 82.1 percent. Alaska also reported 87.0 percent of its flights arrived on time in September, compared to the 87.5 percent reported in September 2013.
The following table shows Alaska's operational results for September and year-to-date 2014, compared to the prior-year periods:
September | Year-to-Date | ||||||||||
2014 | 2013 | Change | 2014 | 2013 | Change | ||||||
Revenue passengers (in thousands) | 1,650 | 1,546 | 6.7% | 15,796 | 14,973 | 5.5% | |||||
RPMs (in millions) | 2,146 | 1,981 | 8.3% | 20,871 | 19,864 | 5.1% | |||||
ASMs (in millions) | 2,614 | 2,393 | 9.2% | 24,197 | 22,973 | 5.3% | |||||
Passenger load factor | 82.1% | 82.8% | (0.7) pts | 86.3% | 86.5% | (0.2) pts | |||||
On-time arrivals as reported to U.S. DOT | 87.0% | 87.5% | (0.5) pts | 86.7% | 86.9% | (0.2) pts | |||||
HORIZON AIR
Horizon reported a 5.1 percent increase in September traffic on a 6.8 percent increase in capacity compared to September 2013. This resulted in a 1.3 point decrease in load factor to 78.6 percent. Horizon also reported 88.9 percent of its flights arrived on time in September, compared to the 84.5 percent reported in September 2013.
The following table shows Horizon's operational results for September and year-to-date 2014, compared to the prior-year periods:
September | Year-to-Date | ||||||||||
2014 | 2013 | Change | 2014 | 2013 | Change | ||||||
Revenue passengers (in thousands) | 625 | 575 | 8.7% | 5,573 | 5,326 | 4.6% | |||||
RPMs (in millions) | 184 | 175 | 5.1% | 1,662 | 1,629 | 2.0% | |||||
ASMs (in millions) | 234 | 219 | 6.8% | 2,086 | 2,009 | 3.8% | |||||
Passenger load factor | 78.6% | 79.9% | (1.3) pts | 79.7% | 81.1% | (1.4) pts | |||||
On-time arrivals as reported to U.S. DOT | 88.9% | 84.5% | 4.4 pts | 88.6% | 88.4% | 0.2 pts | |||||
Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK), together serve 100 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 for seven consecutive years from 2008 to 2014. Alaska Airlines’ Mileage Plan also ranked highest in the 2014 Airline Loyalty/Rewards Program Satisfaction Report. For reservations, visit www.alaskaair.com. For more news and information, visit the Alaska Airlines Newsroom at www.alaskaair.com/newsroom.
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