Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

ALASKA AIR GROUP, INC. (ALK)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

Alaska Air : reports November 2017 operational results

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/15/2017 | 02:01pm CET

SEATTLE, Dec. 15, 2017 /PRNewswire/ -- Alaska Air Group Inc. today reported November and year-to-date 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.

Air Group's acquisition of Virgin America took place on Dec. 14, 2016. Operational results below include Virgin America results from pre-acquisition periods for comparison.

AIR GROUP
On a combined basis for all operations, Air Group reported a 9.2 percent increase in traffic on a 9.3 percent increase in capacity compared to November 2016. Load factor decreased 0.1 points to 84.2 percent.

The following table shows the operational results for November and year-to-date, compared to the prior-year periods(1):


November


Year-to-Date


2017


2016


Change


2017


2016


Change

Revenue passengers (000)

3,628


3,438


5.5%


40,315


38,439


4.9%

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

4,394


4,023


9.2%


47,833


44,628


7.2%

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

5,215


4,773


9.3%


56,597


52,991


6.8%

Passenger load factor

84.2%


84.3%


(0.1) pts


84.5%


84.2%


0.3 pts


(1)    2016 information has been adjusted to include Virgin America operating results for comparison.

ALASKA
Alaska reported a 6.7 percent increase in traffic on a 7.7 percent increase in capacity compared to November 2016. Load factor decreased 0.8 points to 85 percent. Alaska also reported 83.2 percent of its flights arrived on time in November 2017, compared to 88 percent reported in November 2016.

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


November


Year-to-Date


2017


2016


Change


2017


2016


Change

Revenue passengers (000)

2,103


1,989


5.7%


23,909


22,370


6.9%

RPMs (000,000)

2,875


2,694


6.7%


32,289


30,053


7.4%

ASMs (000,000)

3,383


3,141


7.7%


37,885


35,413


7.0%

Passenger load factor

85.0%


85.8%


(0.8) pts


85.2%


84.9%


0.3 pts

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

83.2%


88.0%


(4.8) pts


82.5%


88.3%


(5.8) pts

VIRGIN AMERICA
Virgin America traffic increased 12.4 percent on a 9.9 percent increase in capacity compared to November 2016. Load factor increased 1.9 points to 84 percent. Virgin America also reported 77.5 percent of its flights arrived on time in November 2017, compared to 81.5 percent in November 2016.

The following table shows Virgin America operational results for November and year-to-date, compared to the prior-year periods:


November


Year-to-Date


2017


2016


Change


2017


2016


Change

Revenue passengers (000)

749


686


9.2%


7,683


7,399


3.8%

RPMs (000,000)

1,159


1,031


12.4%


11,799


11,161


5.7%

ASMs (000,000)

1,380


1,256


9.9%


14,039


13,297


5.6%

Passenger load factor

84.0%


82.1%


1.9 pts


84.0%


83.9%


0.1 pts

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

77.5%


81.5%


(4.0) pts


68.8%


77.0%


(8.2) pts

REGIONAL
Regional traffic increased 20.8 percent on a 20.2 percent increase in capacity compared to November 2016. Load factor increased 0.3 points to 79.6 percent. Alaska's regional partners also reported 85.1 percent of its flights arrived on time in November 2017, compared to 87.6 percent in November 2016.

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


November


Year-to-Date


2017


2016


Change


2017


2016


Change

Revenue passengers (000)

776


763


1.7%


8,723


8,670


0.6%

RPMs (000,000)

360


298


20.8%


3,745


3,414


9.7%

ASMs (000,000)

452


376


20.2%


4,673


4,281


9.2%

Passenger load factor

79.6%


79.3%


0.3 pts


80.1%


79.7%


0.4 pts

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

85.1%


87.6%


(2.5) pts


87.6%


87.3%


0.3 pts

Alaska Airlines, together with Virgin America and its regional partners, flies 40 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-november-2017-operational-results-300571749.html

SOURCE Alaska Air Group Inc.


© PRNewswire 2017
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ALASKA AIR GROUP, INC.
12/15 ALASKA AIR : reports November 2017 operational results
12/15 ALASKA AIR GROUP, INC. : Regulation FD Disclosure (form 8-K)
12/15 ALASKA AIR : Airlines launches new service from San Francisco to Kona; Newest ro..
12/14 ALASKA AIRLINES : launches new service from San Francisco to Kona
12/06 ALASKA AIR : The holidays come early as Alaska Airlines offers early boarding fo..
12/06 Winter holiday travel forecast to give U.S. airlines needed boost
11/27 FINANCIAL SAOG : Goodman Financial Corp Acquires 3,048 Shares of Alaska Air Grou..
11/20 ALASKA AIR GROUP, INC. : ex-dividend day
11/17 ALASKA AIR : reports October 2017 operational results
11/17 ALASKA AIR GROUP, INC. : Regulation FD Disclosure (form 8-K)
More news
News from SeekingAlpha
06:51a Stocks to watch next week
12/15 Alaska Air reports 9% gain in Nov. traffic
12/14 Positive signs in the U.S. airline sector
12/13 U.S. air fares down 2% in November
12/12 Transports Weekly Snapshot - Parity Has Been Reached, It's On To 2018
Financials ($)
Sales 2017 7 932 M
EBIT 2017 1 445 M
Net income 2017 862 M
Debt 2017 1 721 M
Yield 2017 1,69%
P/E ratio 2017 10,76
P/E ratio 2018 9,43
EV / Sales 2017 1,32x
EV / Sales 2018 1,19x
Capitalization 8 715 M
Chart ALASKA AIR GROUP, INC.
Duration : Period :
Alaska Air Group, Inc. Technical Analysis Chart | ALK | US0116591092 | 4-Traders
Technical analysis trends ALASKA AIR GROUP, INC.
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 83,6 $
Spread / Average Target 18%
EPS Revisions
Managers
NameTitle
Bradley D. Tilden Chairman, President & Chief Executive Officer
Benito Minicucci Chief Operating Officer & EVP-Operations
Brandon S. Pedersen Chief Financial Officer & EVP-Finance
Charu Jain Chief Information Officer & Vice President
Patricia M. Bedient Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ALASKA AIR GROUP, INC.-22.21%8 715
DELTA AIR LINES, INC.9.03%39 998
AIR CHINA LTD.58.06%21 951
RYANAIR HOLDINGS PLC3.54%20 742
UNITED CONTINENTAL HOLDINGS INC-13.38%18 889
INTERNATIONAL CONSOLIDATED AIRLINES GROUP43.57%17 383