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Alaska Air Group reports December 2018 and full-year operational results

SEATTLE, Jan. 14, 2018 /PRNewswire/ -- Alaska Air Group Inc. today reported December and full-year operational results on a consolidated basis, for its mainline operations operated by subsidiaries Alaska Airlines Inc. and for its regional flying operated by subsidiary Horizon Air Industries Inc. and third-party regional carriers SkyWest Airlines and Peninsula Airlines.

On Jan. 11, 2018, Alaska and Virgin America consolidated their operations onto a Single Operating Certificate. 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 0.4 percent decrease in traffic on a 0.3 percent decrease in capacity compared to December 2017. Load factor decreased 0.1 points to 82.2 percent.

The following table shows the operational results for December and full-year 2018, compared to the prior-year periods:

 

December

  

Full-Year
 

2018

  

2017

  

Change

  

2018

  

2017

  

Change

Revenue passengers (000)

3,696

  

3,718

  

(0.6)%

  

45,802

  

44,005

  

4.1%

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

4,489

  

4,505

  

(0.4)%

  

54,673

  

52,337

  

4.5%

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

5,461

  

5,475

  

(0.3)%

  

65,335

  

62,070

  

5.3%

Passenger load factor

82.2%

  

82.3%

  

(0.1) pts

  

83.7%

  

84.3%

  

(0.6) pts

MAINLINE
Mainline reported a 2.7 percent decrease in traffic on a 2.7 percent decrease in capacity compared to December 2017. Load factor was flat compared to December 2017. Mainline also reported 81.9 percent of its flights arrived on time in December 2018, compared to 83.1 percent reported in December 2017.

Mainline operational results reflect both Alaska and Virgin America combined. The following table shows mainline operational results for December and full-year 2018, compared to the prior-year periods:

 

December

  

Full Year
 

2018

  

2017

  

Change

  

2018

  

2017

  

Change

Revenue passengers (in thousands)

2,795

  

2,946

  

(5.1)%

  

35,603

  

34,510

  

3.2%

RPMs (in millions)

4,036

  

4,149

  

(2.7)%

  

49,781

  

48,236

  

3.2%

ASMs (in millions)

4,885

  

5,021

  

(2.7)%

  

59,187

  

56,943

  

3.9%

Passenger load factor

82.6%

  

82.6%

  

— pts

  

84.1%

  

84.7%

  

(0.6) pts

On-time arrivals as reported to U.S. DOT(1)

81.9%

  

83.1%

  

(1.2) pts

  

82.6%

  

79.1%

  

3.5 pts

REGIONAL
Regional traffic increased 27.2 percent on a 26.9 percent increase in capacity compared to December 2017. Load factor increased 0.2 points to 78.6 percent. Alaska's regional partners also reported 78.9 percent of flights arrived on time in December 2018, compared to 80.4 percent in December 2017.

The following table shows regional operational results for December and full-year 2018, compared to the prior-year periods:

 

December

  

Full Year
 

2018

  

2017

  

Change

  

2018

  

2017

  

Change

Revenue passengers (in thousands)

901

  

772

  

16.7%

  

10,199

  

9,495

  

7.4%

RPMs (in millions)

453

  

356

  

27.2%

  

4,892

  

4,101

  

19.3%

ASMs (in millions)

576

  

454

  

26.9%

  

6,148

  

5,127

  

19.9%

Passenger load factor

78.6%

  

78.4%

  

0.2 pts

  

79.6%

  

80.0%

  

(0.4) pts

On-time arrivals(1)

78.9%

  

80.4%

  

(1.5) pts

  

83.0%

  

80.1%

  

2.9 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 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-december-2018-and-full-year-operational-results-300777120.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