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8-K - ALASKA AIR GROUP FORM 8-K - ALASKA AIR GROUP, INC.alk8-k782015trafficreporti.htm
EX-99.2 - JULY 10, 2015 ABBREVIATED INVESTOR UPDATE - ALASKA AIR GROUP, INC.ex992782015abbrinvestorupd.htm


Exhibit 99.1

Media contact:
 
Investor contact:
Bobbie Egan
 
Lavanya Sareen
Corporate Communications
 
Managing Director, Investor Relations
(206) 392-5134
 
(206) 392-5656

July 2, 2015

Alaska Air Group Reports June 2015 Operational Results


SEATTLE - Alaska Air Group Inc. (NYSE: ALK) today reported June and year-to-date operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below.

AIR GROUP
On a combined basis, Air Group reported a 6.9 percent increase in traffic on a 7.2 percent increase in capacity compared to June 2014. This resulted in a 0.2 point decrease in load factor to 86.7 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 June and year-to-date 2015, compared to the prior-year periods:
 
June
 
Year-to-Date
 
2015
 
2014
 
Change
 
2015
 
2014
 
Change
Revenue passengers (in thousands)
2,805
 
2,609
 
7.5%
 
15,340
 
14,002
 
9.6%
Revenue passenger miles RPM (in millions)
2,921
 
2,733
 
6.9%
 
16,173
 
14,832
 
9.0%
Available seat miles ASM (in millions)
3,371
 
3,144
 
7.2%
 
19,206
 
17,341
 
10.8%
Passenger load factor
86.7%
 
86.9%
 
(0.2) pts
 
84.2%
 
85.5%
 
(1.3) pts



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ALASKA AIRLINES - MAINLINE
Alaska reported a 6.9 percent increase in traffic on a 7.4 percent increase in capacity compared to June 2014. This resulted in a 0.4 point decrease in load factor to 87.0 percent. Alaska also reported 87.5 percent of its flights arrived on time in June, compared to the 86.0 percent reported in June 2014.
The following table shows Alaska's operational results for June and year-to-date 2015, compared to the prior-year periods:
 
June
 
Year-to-Date
 
2015
 
2014
 
Change
 
2015
 
2014
 
Change
Revenue passengers (in thousands)
2,020
 
1,887
 
7.0%
 
11,022
 
10,044
 
9.7%
RPMs (in millions)
2,647
 
2,475
 
6.9%
 
14,657
 
13,431
 
9.1%
ASMs (in millions)
3,041
 
2,831
 
7.4%
 
17,330
 
15,590
 
11.2%
Passenger load factor
87.0%
 
87.4%
 
(0.4) pts
 
84.6%
 
86.2%
 
(1.6) pts
On-time arrivals as reported to U.S. DOT
87.5%
 
86.0%
 
1.5 pts
 
86.7%
 
87.8%
 
(1.1) pts

 
HORIZON AIR
Horizon reported a 6.7 percent increase in June traffic on a 5.5 percent increase in capacity compared to June 2014. This resulted in a 0.9 point increase in load factor to 82.0 percent. Horizon also reported 86.6 percent of its flights arrived on time in June, compared to the 92.9 percent reported in June 2014.
The following table shows Horizon's operational results for June and year-to-date 2015, compared to the prior-year periods:
 
June
 
Year-to-Date
 
2015
 
2014
 
Change
 
2015
 
2014
 
Change
Revenue passengers (in thousands)
698
 
649
 
7.6%
 
3,848
 
3,570
 
7.8%
RPMs (in millions)
206
 
193
 
6.7%
 
1,130
 
1,061
 
6.5%
ASMs (in millions)
251
 
238
 
5.5%
 
1,420
 
1,345
 
5.6%
Passenger load factor
82.0%
 
81.1%
 
0.9 pts
 
79.6%
 
78.8%
 
0.8 pts
On-time arrivals as reported to U.S. DOT
86.6%
 
92.9%
 
(6.3) pts
 
87.5%
 
88.9%
 
(1.4) 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 and Mexico. Alaska Airlines ranked “Highest in Customer Satisfaction Among Traditional Carriers in North America” in the J.D. Power North American Airline Satisfaction Study for eight consecutive years from 2008 to 2015. Alaska Airlines’ Mileage Plan also ranked “Highest in Customer Satisfaction with Airline Loyalty Rewards Programs” in the J.D. Power 2014 and 2015 Airline Loyalty/Rewards Program Satisfaction Report. For reservations, visit www.alaskaair.com. For more news and information, visit Alaska Airlines’ newsroom at www.alaskaair.com/newsroom.

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