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8-K - 8-K - ALASKA AIR GROUP, INC.alk8-k492015trafficreporti.htm
EX-99.2 - APRIL 9, 2015 ABBREVIATED INVESTOR UPDATE - ALASKA AIR GROUP, INC.ex992492015abbrinvestorupd.htm


Exhibit 99.1

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

April 2, 2015

Alaska Air Group Reports March 2015 Operational Results


SEATTLE - Alaska Air Group Inc. (NYSE: ALK) today reported March 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 an 11.2 percent increase in traffic on a 12.4 percent increase in capacity compared to March 2014. This resulted in a 1.0 point decrease in load factor to 86.1 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 March and year-to-date 2015, compared to the prior-year periods:
 
March
 
Year-to-Date
 
2015
 
2014
 
Change
 
2015
 
2014
 
Change
Revenue passengers (in thousands)
2,713
 
2,442
 
11.1%
 
7,316
 
6,649
 
10.0%
Revenue passenger miles RPM (in millions)
2,899
 
2,607
 
11.2%
 
7,723
 
7,078
 
9.1%
Available seat miles ASM (in millions)
3,365
 
2,994
 
12.4%
 
9,257
 
8,352
 
10.8%
Passenger load factor
86.1%
 
87.1%
 
(1.0) pts
 
83.4%
 
84.7%
 
(1.3) pts



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ALASKA AIRLINES - MAINLINE
Alaska reported an 11.6 percent increase in traffic on a 13.2 percent increase in capacity compared to March 2014. This resulted in a 1.2 point decrease in load factor to 86.5 percent. Alaska also reported 85.6 percent of its flights arrived on time in March, compared to the 88.2 percent reported in March 2014.
The following table shows Alaska's operational results for March and year-to-date 2015, compared to the prior-year periods:
 
March
 
Year-to-Date
 
2015
 
2014
 
Change
 
2015
 
2014
 
Change
Revenue passengers (in thousands)
1,956
 
1,743
 
12.2%
 
5,236
 
4,737
 
10.5%
RPMs (in millions)
2,633
 
2,360
 
11.6%
 
6,994
 
6,402
 
9.2%
ASMs (in millions)
3,044
 
2,690
 
13.2%
 
8,347
 
7,495
 
11.4%
Passenger load factor
86.5%
 
87.7%
 
(1.2) pts
 
83.8%
 
85.4%
 
(1.6) pts
On-time arrivals as reported to U.S. DOT
85.6%
 
88.2%
 
(2.6) pts
 
85.0%
 
87.1%
 
(2.1) pts

 
HORIZON AIR
Horizon reported a 7.0 percent increase in March traffic on a 5.1 percent increase in capacity compared to March 2014. This resulted in a 1.4 point increase in load factor to a March record of 81.3 percent. Horizon also reported 85.9 percent of its flights arrived on time in March, compared to the 85.4 percent reported in March 2014.
The following table shows Horizon's operational results for March and year-to-date 2015, compared to the prior-year periods:
 
March
 
Year-to-Date
 
2015
 
2014
 
Change
 
2015
 
2014
 
Change
Revenue passengers (in thousands)
677
 
630
 
7.5%
 
1,861
 
1,737
 
7.1%
RPMs (in millions)
200
 
187
 
7.0%
 
545
 
519
 
5.0%
ASMs (in millions)
246
 
234
 
5.1%
 
691
 
668
 
3.4%
Passenger load factor
81.3%
 
79.9%
 
1.4 pts
 
78.8%
 
77.7%
 
1.1 pts
On-time arrivals as reported to U.S. DOT
85.9%
 
85.4%
 
0.5 pts
 
86.2%
 
84.7%
 
1.5 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 Unites States, Canada and Mexico. For reservations, visit www.alaskaair.com . For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at www.alaskaair.com/newsroom.

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