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4-Traders Homepage  >  Equities  >  Nyse  >  Alaska Air Group, Inc.    ALK

Delayed Quote. Delayed  - 05/03 10:02:01 pm
70.41 USD   -0.17%
05/03 ALASKA AIR GROU : Reports April 2016 Operational Results
04/28 ALASKA AIR : adds to record profits with $184M quarter
04/25 LAWSUIT FILED B : VA) Against the Takeover by Alaska Air Group, Inc
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Alaska Air Group : Reports April 2016 Operational Results

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05/03/2016 | 02:01pm CEST

SEATTLE, May 3, 2016 /PRNewswire/ -- Alaska Air Group, Inc. (NYSE: ALK) today reported April and year-to-date operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines, Inc. (Alaska), and for its regional flying operated by subsidiary Horizon Air Industries, Inc. and third-party regional carriers, SkyWest Airlines and PenAir. Detailed information is provided below.

AIR GROUP
On a combined basis, Air Group reported an 11.1 percent increase in traffic on a 10.4 percent increase in capacity compared to April 2015. Load factor increased 0.5 points to 84.1 percent. These statistics include flights operated by Alaska, Horizon and those under third-party capacity purchase agreements.

The following table shows the operational results for April and year-to-date 2016, compared to the prior-year periods:

                      April             Year-to-Date
                      -----             ------------

                 2016         2015   Change             2016     2015      Change
                 ----         ----   ------             ----     ----      ------

     Revenue
     passengers
     (in
     thousands) 2,759        2,554              8.0%  10,594    9,870              7.3%

     Revenue
     passenger
     miles
     RPM
     (in
     millions)  3,039        2,735             11.1%  11,610   10,458             11.0%

     Available
     seat
     miles
     ASM
     (in
     millions)  3,615        3,273             10.4%  14,069   12,530             12.3%

     Passenger
     load
     factor     84.1%       83.6%  0.5 pts           82.5%   83.5%    (1.0) pts

ALASKA AIRLINES - MAINLINE
Alaska reported a 10.3 percent increase in traffic on a 9.0 percent increase in capacity compared to April 2015. Load factor increased 1.0 points to 84.9 percent. Alaska also reported 89.4 percent of its flights arrived on-time in April, compared to 89.3 percent reported in April 2015.

The following table shows Alaska's operational results for April and year-to-date 2016, compared to the prior-year periods:

                      April             Year-to-Date
                      -----             ------------

                 2016         2015   Change             2016     2015      Change
                 ----         ----   ------             ----     ----      ------

     Revenue
     passengers
     (in
     thousands) 2,014        1,846              9.1%   7,656    7,081              8.1%

     RPMs
     (in
     millions)  2,741        2,485             10.3%  10,458    9,480             10.3%

     ASMs
     (in
     millions)  3,228        2,961              9.0%  12,582   11,307             11.3%

     Passenger
     load
     factor     84.9%       83.9%  1.0 pts           83.1%   83.8%    (0.7) pts

     On-
     time
     arrivals
     as
     reported
     to
     U.S.
     DOT        89.4%       89.3%  0.1 pts           88.0%   86.2%     1.8 pts

REGIONAL FLYING
Regional traffic increased 19.2 percent on a 24.0 percent increase in capacity compared to April 2015. Load factor decreased 3.1 points to 77.0 percent.

The following table shows regional operational results for April and year-to-date 2016, compared to the prior-year periods:

                      April              Year-to-Date
                      -----              ------------

                 2016         2015    Change             2016     2015      Change
                 ----         ----    ------             ----     ----      ------

     Revenue
     passengers
     (in
     thousands)   746          708               5.4%   2,938    2,788              5.4%

    RPMs
     (in
     millions)    298          250              19.2%   1,153      978             17.9%

    ASMs
     (in
     millions)    387          312              24.0%   1,487    1,222             21.7%

     Passenger
     load
     factor     77.0%       80.1%  (3.1) pts          77.5%   80.0%    (2.5) pts

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves more than 100 cities through an expansive network in the United States, Canada, Costa Rica and Mexico. For reservations, visit www.alaskaair.com. For more news and information, visit Alaska Airlines' newsroom at www.alaskaair.com/newsroom.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alaska-air-group-reports-april-2016-operational-results-300261464.html

SOURCE Alaska Air Group

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