Attached files
| file | filename |
|---|---|
| 8-K - 8-K - ALASKA AIR GROUP, INC. | alk8-kpressrelease1515.htm |
| EX-99.2 - JANUARY 9, 2015 INVESTOR UPDATE - ALASKA AIR GROUP, INC. | alkex992abbrinvestorupdate.htm |
Exhibit 99.1
Media Contact: | or | Investor/analyst contact: |
Bobbie Egan | Lavanya Sareen | |
Media Relations Manager | Managing Director of Investor Relations | |
(206) 392-5134 | (206) 392-5656 | |
Jan 6, 2015
Alaska Air Group Reports December 2014 and Full-Year Operational Results
SEATTLE - Alaska Air Group Inc. (NYSE: ALK) today reported December 2014 and year-end operational results on consolidated basis, and for its subsidiaries, Alaska Airlines and Horizon Air. Detailed information is provided below.
AIR GROUP (including flights operated by third parties)
On a combined basis, Air Group reported a 9.1 percent increase in traffic on a 12.3 percent increase in capacity compared to December 2013. This resulted in a 2.5-point decrease in load factor to 85.0 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 2014, compared to the prior-year periods:
December | Full Year | ||||||||||
2014 | 2013 | Change | 2014 | 2013 | Change | ||||||
Revenue passengers (in thousands) | 2,559 | 2,351 | 8.8% | 29,278 | 27,414 | 6.8% | |||||
Revenue passenger miles RPM (in millions) | 2,707 | 2,481 | 9.1% | 30,718 | 28,833 | 6.5% | |||||
Available seat miles ASM (in millions) | 3,184 | 2,836 | 12.3% | 36,078 | 33,672 | 7.1% | |||||
Passenger load factor | 85.0% | 87.5% | (2.5) pts | 85.1% | 85.6% | (0.5) pts | |||||
ALASKA AIRLINES - MAINLINE
Alaska reported a 9.4 percent increase in traffic on a 12.7 percent increase in capacity compared to December 2013. This resulted in a 2.6-point decrease in load factor to 85.4 percent. Alaska also reported 80.0 percent of its flights arrived on time in December, compared to the 85.4 percent reported in December 2013.
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The following table shows Alaska's operational results for December and full-year 2014, compared to the prior-year periods:
December | Year-to-Date | ||||||||||
2014 | 2013 | Change | 2014 | 2013 | Change | ||||||
Revenue passengers (in thousands) | 1,830 | 1,672 | 9.4% | 20,972 | 19,737 | 6.3% | |||||
RPMs (in millions) | 2,453 | 2,243 | 9.4% | 27,778 | 26,172 | 6.1% | |||||
ASMs (in millions) | 2,874 | 2,550 | 12.7% | 32,430 | 30,411 | 6.6% | |||||
Passenger load factor | 85.4% | 88.0% | (2.6) pts | 85.7% | 86.1% | (0.4) pts | |||||
On-time arrivals as reported to U.S. DOT | 80.0% | 85.4% | (5.4) pts | 86.0% | 87.0% | (1.0) pts | |||||
HORIZON AIR
Horizon reported a 1.6 percent increase in traffic on a 3.5 percent increase in capacity compared to December 2013. This resulted in a 1.5-point decrease in load factor to 80.8 percent. Horizon also reported 81.0 percent of its flights arrived on time in December, compared to the 78.3 percent reported in December 2013.
The following table shows Horizon's operational results for December and full-year 2014, compared to the prior-year periods:
December | Year-to-Date | ||||||||||
2014 | 2013 | Change | 2014 | 2013 | Change | ||||||
Revenue passengers (in thousands) | 652 | 621 | 5.0% | 7,455 | 7,099 | 5.0% | |||||
RPMs (in millions) | 189 | 186 | 1.6% | 2,207 | 2,163 | 2.0% | |||||
ASMs (in millions) | 234 | 226 | 3.5% | 2,780 | 2,678 | 3.8% | |||||
Passenger load factor | 80.8% | 82.3% | (1.5) pts | 79.4% | 80.8% | (1.4) pts | |||||
On-time arrivals | 81.0% | 78.3% | 2.7 pts | 88.0% | 87.8% | 0.2 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 Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines ranked “Highest in Customer Satisfaction Among Traditional Carriers” in the J.D. Power North American Airline Satisfaction Study for seven consecutive years from 2008 to 2014. Alaska Airlines’ Mileage Plan also ranked highest in the J.D. Power 2014 Airline Loyalty/Rewards Program Satisfaction Report. For reservations, visit www.alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at www.alaskaair.com/newsroom.
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