Alaska Air Group Reports December and Full-Year Operational Results

Alaska Air Group Inc. (NYSE: ALK) today reported December and year-end 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 6.5 percent increase in traffic on a 4.5 percent increase in capacity compared to December 2012. This resulted in a 1.7-point increase in load factor, to a record 88.0 percent. Alaska also reported 85.5 percent of its flights arrived on time in December, compared to the 83.3 percent reported in December 2012. For the full-year 2013, Alaska reported a load factor of 86.1 percent and carried a record 19.7 million passengers.
The following table shows Alaska’s operational results for December and full-year 2013, compared to the prior-year periods:

	December			Full Year
	2013	2012	Change	2013	2012	Change
Revenue passengers (in thousands)	1,672	1,549	8.0%	19,737	18,526	6.5%
Revenue passenger miles RPM (in millions)	2,243	2,105	6.5%	26,172	24,417	7.2%
Available seat miles ASM (in millions)	2,550	2,440	4.5%	30,411	28,180	7.9%
Passenger load factor	88.0%	86.3%	1.7pts	86.1%	86.6%	(0.5)pts
On-time arrivals as reported to U.S. DOT	85.5%	83.3%	2.2pts	87.2%	87.5%	(0.3)pts
HORIZON AIR Horizon reported a 3.9 percent increase in December traffic on flat capacity compared to December 2012. This resulted in a 3.1-point increase in load factor, to a December record of 82.5 percent. Horizon also reported 78.5 percent of its flights arrived on time in December, compared to the 85.2 percent reported in December 2012. For the full-year 2013, Horizon reported a record load factor of 80.8 percent and carried 7.1 million passengers. The following table shows Horizon’s operational results for December and full-year 2013, compared to the prior-year periods:
	December			Full Year
	2013	2012	Change	2013	2012	Change
Revenue passengers (in thousands)	621	586	5.9%	7,099	6,781	4.7%
RPMs (in millions)	186	179	3.9%	2,163	2,090	3.5%
ASMs (in millions)	226	226	—%	2,678	2,669	0.3%
Passenger load factor	82.5%	79.4%	3.1pts	80.8%	78.3%	2.5pts
On-time arrivals	78.5%	85.2%	(6.7)pts	87.9%	91.0%	(3.1)pts

AIR GROUP (including flights operated by third parties) On a combined basis, Air Group reported a 6.7 percent increase in traffic on a 4.6 percent increase in capacity compared to December 2012. This resulted in a 1.8-point increase in load factor to a record 87.5 percent. These statistics include flights operated by Alaska and those under capacity purchase arrangements, including Horizon, SkyWest and a small third-party carrier in the state of Alaska. The following table shows the operational results for December and full-year 2013, compared to the prior-year periods:
	December			Full Year
	2013	2012	Change	2013	2012	Change
Revenue passengers (in thousands)	2,351	2,181	7.8%	27,414	25,896	5.9%
RPMs (in millions)	2,481	2,324	6.7%	28,833	27,007	6.8%
ASMs (in millions)	2,836	2,712	4.6%	33,672	31,428	7.1%
Passenger load factor	87.5%	85.7%	1.8pts	85.6%	85.9%	(0.3)pts

Alaska_Airlines

Source / Author: Alaska Air Group