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Alaska Air Group Reports August Traffic
Published on Thursday, 02 September 2010 19:01 Written by TradersHuddle Staff
SEATTLE, Sept. 2 /PRNewswire-FirstCall/ -- Alaska Air Group, Inc. (NYSE: ALK) today reported August operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).
ALASKA AIRLINES
Alaska reported a 10.0 percent increase in traffic on a 7.1 percent increase in capacity, resulting in a 2.2-point increase in load factor to 86.5 percent. Alaska also reported that 88.7 percent of its flights arrived on time in August 2010, a 3.0-point increase compared to the 85.7 percent reported in August 2009.
The following table shows the operational results for August 2010 and for the first eight months of 2010, compared to the prior-year periods:
August | Year-to-Date | ||||||
2010 | 2009 | Change | 2010 | 2009 | Change | ||
Revenue passenger miles | |||||||
RPMs (in millions) | 1,957 | 1,779 | 10.0% | 13,488 | 12,362 | 9.1% | |
Available seat miles | |||||||
ASMs (in millions) | 2,263 | 2,112 | 7.1% | 16,189 | 15,607 | 3.7% | |
Passenger load factor | 86.5% | 84.3% | 2.2pts | 83.3% | 79.2% | 4.1pts | |
Revenue passengers (in thousands) | 1,602 | 1,498 | 6.9% | 11,032 | 10,561 | 4.5% | |
On-time arrivals as reported | |||||||
to U.S. DOT | 88.7% | 85.7% | 3.0pts | 88.6% | 81.0% | 7.6pts | |
HORIZON AIR
Horizon reported a 2.2 percent increase in traffic on a 1.1 percent decline in capacity compared to August 2009, resulting in a 2.7-point increase in load factor to a record 81.9 percent. Horizon also reported that 80.5 percent of its flights arrived on time in August 2010, an 8.1-point decrease compared to the 88.6 percent reported in August 2009.
The following table shows the operational results for August 2010 and for the first eight months of 2010, compared to the prior-year periods:
August | Year-to-Date | ||||||
2010 | 2009 | Change | 2010 | 2009 | Change | ||
RPMs (in millions) | 234 | 229 | 2.2% | 1,664 | 1,601 | 4.0% | |
ASMs (in millions) | 286 | 289 | (1.1)% | 2,208 | 2,200 | 0.3% | |
Passenger load factor | 81.9% | 79.2% | 2.7pts | 75.4% | 72.8% | 2.6pts | |
Revenue passengers (in thousands) | 640 | 622 | 2.9% | 4,575 | 4,499 | 1.7% | |
On-time arrivals | 80.5% | 88.6% | (8.1)pts | 87.2% | 85.9% | 1.3pts | |
Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK), together serve more than 90 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Network Carriers" in the J.D. Power and Associates 2008, 2009 and 2010 North America Airline Satisfaction Studies(SM). For reservations, visit alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at alaskaair.com/newsroom
SOURCE Alaska Air Group, Inc.
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