Alaska Air Group Inc. (NYSE: ALK) today reported October and year-to-date operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below.
ALASKA AIRLINES – MAINLINE
Alaska reported a 3.8 percent increase in traffic on a 5.1 percent increase in capacity compared to October 2012. This resulted in a 1.0 point decrease in load factor to 84.2 percent. Alaska also reported 89.7 percent of its flights arrived on time in October, compared to the 86.8 percent reported in October 2012.
The following table shows Alaska’s operational results for October and year-to-date 2013, compared to the prior-year periods:
| 2013 | 2012 | Change | 2013 | 2012 | Change | |
| Revenue passengers (in thousands) | 1,563 | 1,469 | 6.4% | 16,536 | 15,482 | 6.8% |
| Revenue passenger miles RPM (in millions) | 2,019 | 1,944 | 3.8% | 21,883 | 20,296 | 7.8% |
| Available seat miles ASM (in millions) |
2,399 | 2,283 | 5.1% | 25,372 | 23,407 | 8.4% |
| Passenger load factor | 84.2% | 85.2% | (1.0) pt | 86.3% | 86.7% | (0.4) pts |
| On-time arrivals as reported to U.S. DOT | 89.7% | 86.8% | 2.9 pts | 87.3% | 87.9% | (0.6) pts |
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HORIZON AIR Horizon reported a 1.0 percent increase in traffic on a 1.2 percent decrease in capacity compared to October 2012. This resulted in a 1.7 point increase in load factor to an October record of 79.4 percent. Horizon also reported 89.4 percent of its flights arrived on time in October, compared to the 90.6 percent reported in October 2012. The following table shows Horizon’s operational results for October and year-to-date 2013, compared to the prior-year periods: |
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| 2013 | 2012 | Change | 2013 | 2012 | Change | |
| Revenue passengers (in thousands) | 589 | 573 | 2.9% | 5,916 | 5,626 | 5.2% |
| RPMs (in millions) | 178 | 177 | 1.0% | 1,807 | 1,736 | 4.1% |
| ASMs (in millions) | 225 | 227 | (1.2)% | 2,233 | 2,224 | 0.4% |
| Passenger load factor | 79.4% | 77.7% | 1.7 pts | 80.9% | 78.0% | 2.9 pts |
| On-time arrivals | 89.4% | 90.6% | (1.2) pts | 88.6% | 91.7% | (3.1) pts |
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AIR GROUP On a combined basis, Air Group reported a 3.3 percent increase in traffic on a 4.3 percent increase in capacity compared to October 2012. This resulted in a 0.9 point decrease in load factor to 83.7 percent. These statistics include flights operated by Alaska and those under capacity purchase agreements, including Horizon, SkyWest and PenAir. The following table shows the operational results for October and year-to-date 2013, compared to the prior-year periods: |
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| 2013 | 2012 | Change | 2013 | 2012 | Change | |
| Revenue passengers (in thousands) | 2,198 | 2,093 | 5.0% | 22,919 | 21,603 | 6.1% |
| RPMs (in millions) | 2,236 | 2,164 | 3.3% | 24,088 | 22,451 | 7.3% |
| ASMs (in millions) | 2,670 | 2,559 | 4.3% | 28,067 | 26,117 | 7.5% |
| Passenger load factor | 83.7% | 84.6% | (0.9) pts | 85.8% | 86.0% | (0.2) pts |
Source / Author: Alaska Airlines