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Alaska Air Group reports January 2018 operational results

SEATTLE, Feb. 15, 2018 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported January 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.

On Jan. 11, 2018, Alaska and Virgin America consolidated their operations onto a Single Operating Certificate (SOC). As a result, operational 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 3.5 percent increase in traffic on a 6.6 percent increase in capacity compared to January 2017. Load factor decreased 2.3 points to 75.8 percent.

The following table shows the operational results for January, compared to the prior-year period:

 

January
 

2018

  

2017

  

Change

Revenue passengers (000)

3,340

  

3,241

  

3.1%

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

3,971

  

3,837

  

3.5%

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

5,237

  

4,911

  

6.6%

Passenger load factor

75.8%

  

78.1%

  

(2.3) pts

MAINLINE
Mainline reported a 2.4 percent increase in traffic on a 5.1 percent increase in capacity compared to January 2017. Load factor decreased 2.1 points to 76.4 percent. Mainline also reported 87.1 percent of its flights arrived on time in January 2018, compared to 73.7 percent reported in January 2017.

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

 

January
 

2018

  

2017

  

Change

Revenue passengers (000)

2,595

  

2,522

  

2.9%

RPMs (000,000)

3,642

  

3,558

  

2.4%

ASMs (000,000)

4,768

  

4,535

  

5.1%

Passenger load factor

76.4%

  

78.5%

  

(2.1) pts

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

87.1%

  

73.7%

  

13.4 pts

REGIONAL
Regional traffic increased 17.9 percent on a 24.7 percent increase in capacity compared to January 2017. Load factor decreased 4.1 points to 70.1 percent. Alaska's regional partners also reported 86.3 percent of its flights arrived on time in January 2018, compared to 64.1 percent in January 2017.

The following table shows regional operational results for January, compared to the prior-year period:

 

January
 

2018

  

2017

  

Change

Revenue passengers (000)

745

  

719

  

3.6%

RPMs (000,000)

329

  

279

  

17.9%

ASMs (000,000)

469

  

376

  

24.7%

Passenger load factor

70.1%

  

74.2%

  

(4.1) pts

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

86.3%

  

64.1%

  

22.2 pts

Alaska Airlines, together with Virgin America and its regional partners, flies 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 Satisfaction Study for 10 consecutive years from 2008 to 2017. Learn more about Alaska's award-winning service at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines, Virgin America 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-january-2018-operational-results-300599220.html

SOURCE Alaska Air Group Inc.

Media Relations: (206) 304-0008, newsroom@alaskaair.com; Investor contact: Matt Grady, Director, Investor Relations, (206) 392-5382