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EX-99.2 - OCTOBER 11, 2016 ABBREVIATED INVESTOR UPDATE - ALASKA AIR GROUP, INC.ex99210112016abbrinvestoru.htm
8-K - ALASKA AIR GROUP FORM 8-K - ALASKA AIR GROUP, INC.alk8-k10112016trafficrepor.htm


Exhibit 99.1
newheadera02.jpg
October 4, 2016

Contact:
 
Investor contact:
Media Relations
 
Lavanya Sareen
(206) 304-0008
 
Managing Director, Investor Relations
newsroom@alaskaair.com
 
(206) 392-5656


Alaska Air Group reports September 2016 operational results

SEATTLE - Alaska Air Group Inc. (NYSE: ALK) today reported September 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 7.4 percent increase in traffic on a 4.2 percent increase in capacity compared to September 2015. Load factor increased 2.5 points to 84.1 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 September and year-to-date 2016, compared to the prior-year periods:
 
September
 
Year-to-Date
 
2016
 
2015
 
Change
 
2016
 
2015
 
Change
Revenue passengers (in thousands)
2,711
 
2,573
 
5.4%
 
25,536
 
23,956
 
6.6%
Revenue passenger miles RPM (in millions)
2,828
 
2,633
 
7.4%
 
27,569
 
25,052
 
10.0%
Available seat miles ASM (in millions)
3,361
 
3,225
 
4.2%
 
32,728
 
29,574
 
10.7%
Passenger load factor
84.1%
 
81.6%
 
2.5 pts
 
84.2%
 
84.7%
 
(0.5) pts

ALASKA AIRLINES - MAINLINE
Alaska reported a 6.6 percent increase in traffic on a 3.2 percent increase in capacity compared to September 2015. Load Factor increased 2.7 points to 84.5 percent. Alaska also reported 90.2 percent of its flights arrived on time in September, compared to the 88.8 percent reported in September 2015.
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The following table shows Alaska's operational results for September and year-to-date 2016, compared to the prior-year periods:

 
September
 
Year-to-Date
 
2016
 
2015
 
Change
 
2016
 
2015
 
Change
Revenue passengers (in thousands)
1,911
 
1,813
 
5.4%
 
18,432
 
17,193
 
7.2%
RPMs (in millions)
2,513
 
2,357
 
6.6%
 
24,767
 
22,633
 
9.4%
ASMs (in millions)
2,973
 
2,880
 
3.2%
 
29,216
 
26,609
 
9.8%
Passenger load factor
84.5%
 
81.8%
 
2.7 pts
 
84.8%
 
85.1%
 
(0.3) pts
On-time arrivals as reported to U.S. DOT
90.2%
 
88.8%
 
1.4 pts
 
88.5%
 
86.4%
 
2.1 pts

REGIONAL FLYING
Regional traffic increased 14.5 percent on a 12.5 percent increase in capacity compared to September 2015. Load factor increased 1.5 points to 81.2 percent. Alaska also reported 90.1 percent of its regional flights arrived on time in September, compared to the 85.2 percent in September 2015.
The following table shows regional operational results for September and year-to-date 2016, compared to the prior-year periods:
 
September
 
Year-to-Date
 
2016
 
2015
 
Change
 
2016
 
2015
 
Change
Revenue passengers (in thousands)
800
 
760
 
5.3%
 
7,105
 
6,762
 
5.1%
RPMs (in millions)
315
 
275
 
14.5%
 
2,801
 
2,419
 
15.8%
ASMs (in millions)
388
 
345
 
12.5%
 
3,512
 
2,965
 
18.4%
Passenger load factor
81.2%
 
79.7%
 
1.5 pts
 
79.8%
 
81.6%
 
(1.8) pts
On-time arrivals
90.1%
 
85.2%
 
4.9 pts
 
87.5%
 
85.2%
 
2.3 pts
    
Alaska Airlines, together with its regional partners, flies 32 million customers a year to more than 110 cities with an average of 970 daily flights throughout the United States, Canada, Costa Rica, Mexico and soon Cuba. With Alaska’s global airline partners, customers can earn and redeem miles to more than 800 destinations worldwide. Onboard, customers are invited to make the most of their flight with amenities like power outlets at every seat, streaming entertainment direct to your device, Wi-Fi and an inspired food and beverage selection featured on most flights. Alaska Airlines ranked “Highest in Customer Satisfaction Among Traditional Carriers in North America” in the J.D. Power North American Airline Satisfaction Study for nine consecutive years from 2008 to 2016. Alaska Airlines Mileage Plan also ranked “Highest in Customer Satisfaction with Airline Loyalty Rewards Programs” in the J.D. Power Airline Loyalty/Rewards Program Satisfaction Report for the last three consecutive years. Alaska Airlines is a subsidiary of Alaska Air Group (NYSE: ALK). Learn more on the airline’s newsroom, blog, alaskaair.com, @AlaskaAir, facebook.com/alaskaairlines and linkedin.com/company/alaska-airlines.
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