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Alaska Air Group reports February 2017 operational results

SEATTLE, March 10, 2017 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported February and year-to-date operational results on a consolidated basis, for its mainline operations operated by subsidiaries Alaska Airlines, Inc. (Alaska) and Virgin America Inc., (Virgin America), and for its regional flying operated by subsidiary Horizon Air Industries, Inc. (Horizon) and third-party regional carriers, SkyWest Airlines and Peninsula Airlines (Regional). Winter storms in 2017 significantly impacted the operational performance across the network. Detailed information is provided below.

Air Group's acquisition of Virgin America took place on Dec.14, 2016. Operational results below include Virgin America results from pre-acquisition periods for comparison.

AIR GROUP
On a combined basis for all operations, Air Group reported a 1.7 percent increase in traffic on a 1.2 percent increase in capacity compared to February 2016. Load factor increased 0.3 points to 80.4 percent.

The following table shows the operational results for February and year-to-date, compared to the prior-year periods(1):

February

Year-to-Date

2017

2016

Change

2017

2016

Change

Revenue passengers (000)

3,031

2,980

1.7%

6,277

6,050

3.8%

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

3,511

3,453

1.7%

7,347

7,044

4.3%

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

4,366

4,313

1.2%

9,277

8,879

4.5%

Passenger load factor

80.4%

80.1%

0.3 pts

79.2%

79.3%

(0.1) pts

(1)     2016 information has been adjusted to include Virgin America operating results for comparison.

 

ALASKA
Alaska reported a 1.5 percent increase in traffic on a 0.6 percent increase in capacity compared to February 2016. Load factor increased 0.7 points to 81.4 percent. Alaska also reported 77.6 percent of its flights arrived on time in February 2017, compared to 89.3 percent reported in February 2016.

The following table shows Alaska's operational results for February and year-to-date, compared to the prior-year periods:

February

Year-to-Date

2017

2016

Change

2017

2016

Change

Revenue passengers (000)

1,794

1,742

3.0%

3,709

3,553

4.4%

RPMs (000,000)

2,415

2,380

1.5%

5,052

4,871

3.7%

ASMs (000,000)

2,967

2,948

0.6%

6,294

6,076

3.6%

Passenger load factor

81.4%

80.7%

0.7 pts

80.3%

80.2%

0.1 pts

On-time arrivals as reported to U.S. DOT

77.6%

89.3%

(11.7) pts

77.6%

88.1%

(10.5) pts

 

VIRGIN AMERICA
Virgin America traffic increased 2.6 percent on a 3.4 percent increase in capacity compared to February 2016. Load factor decreased 0.7 points to 78.3 percent. Virgin America also reported 64.6 percent of its flights arrived on time in February 2017, compared to 84.6 percent in February 2016.

The following table shows Virgin America operational results for February and year-to-date, compared to the prior-year periods:

February

Year-to-Date

2017

2016

Change

2017

2016

Change

Revenue passengers (000)

553

546

1.3%

1,165

1,107

5.2%

RPMs (000,000)

825

804

2.6%

1,745

1,638

6.5%

ASMs (000,000)

1,053

1,018

3.4%

2,261

2,099

7.7%

Passenger load factor

78.3%

79.0%

(0.7) pts

77.2%

78.0%

(0.8) pts

On-time arrivals as reported to U.S. DOT

64.6%

84.6%

(20.0) pts

64.2%

79.3%

(15.1) pts

 

REGIONAL
Regional traffic increased 0.7 percent on a 0.3 percent decrease in capacity compared to February 2016. Load factor increased 0.8 points to 78.3 percent. Regional also reported 69.6 percent of its flights arrived on time in February 2017, compared to 91.7 percent in February 2016.

The following table shows regional operational results for February and year-to-date, compared to the prior-year periods:

February

Year-to-Date

2017

2016

Change

2017

2016

Change

Revenue passengers (000)

684

692

(1.2)%

1,403

1,390

0.9%

RPMs (000,000)

271

269

0.7%

550

535

2.8%

ASMs (000,000)

346

347

(0.3)%

722

704

2.6%

Passenger load factor

78.3%

77.5%

0.8 pts

76.2%

76.0%

0.2 pts

On-time arrivals as reported to U.S. DOT

69.6%

91.7%

(22.1) pts

66.9%

87.9%

(21.0) pts

 

Alaska Airlines, together with Virgin America and its regional partners, flies 40 million customers a year to 118 destinations with an average of 1,200 daily flights across the United States and to Mexico, Canada, Costa Rica and Cuba. With Alaska and Alaska Global Partners, customers can earn and redeem miles on flights to more than 900 destinations worldwide. Learn more about Alaska's award-winning service and unmatched reliability at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines, Virgin America and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alaska-air-group-reports-february-2017-operational-results-300421772.html

SOURCE Alaska Air Group Inc.

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