Attached files

file filename
8-K - ALASKA AIR GROUP FORM 8-K - ALASKA AIR GROUP, INC.alk8-k4112016trafficreport.htm
EX-99.2 - APRIL 11, 2016 ABBREVIATED INVESTOR UPDATE - ALASKA AIR GROUP, INC.ex9924112016abbrinvestorup.htm


Exhibit 99.1

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

April 5, 2016

Alaska Air Group Reports March 2016 Operational Results


SEATTLE - Alaska Air Group Inc. (NYSE: ALK) today reported March 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 a 9.2 percent increase in traffic on a 9.2 percent increase in capacity compared to March 2015. Load factor increased 0.1 points to 86.2 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 March and year-to-date 2016, compared to the prior-year periods:
 
March
 
Year-to-Date
 
2016
 
2015
 
Change
 
2016
 
2015
 
Change
Revenue passengers (in thousands)
2,892
 
2,713
 
6.6%
 
7,835
 
7,316
 
7.1%
Revenue passenger miles RPM (in millions)
3,165
 
2,899
 
9.2%
 
8,571
 
7,723
 
11.0%
Available seat miles ASM (in millions)
3,673
 
3,365
 
9.2%
 
10,453
 
9,257
 
12.9%
Passenger load factor
86.2%
 
86.1%
 
0.1 pts
 
82.0%
 
83.4%
 
(1.4) pts



-more-







-2-

ALASKA AIRLINES - MAINLINE
Alaska reported an 8.1 percent increase in traffic on a 7.7 percent increase in capacity compared to March 2015. Load Factor increased 0.3 points to 86.8 percent. Alaska also reported 86.4 percent of its flights arrived on time in March, compared to the 85.6 percent reported in March 2015.
The following table shows Alaska's operational results for March and year-to-date 2016, compared to the prior-year periods:
 
March
 
Year-to-Date
 
2016
 
2015
 
Change
 
2016
 
2015
 
Change
Revenue passengers (in thousands)
2,090
 
1,956
 
6.9%
 
5,642
 
5,236
 
7.8%
RPMs (in millions)
2,845
 
2,633
 
8.1%
 
7,716
 
6,994
 
10.3%
ASMs (in millions)
3,278
 
3,044
 
7.7%
 
9,354
 
8,347
 
12.1%
Passenger load factor
86.8%
 
86.5%
 
0.3 pts
 
82.5%
 
83.8%
 
(1.3) pts
On-time arrivals as reported to U.S. DOT
86.4%
 
85.6%
 
0.8 pts
 
87.5%
 
85.0%
 
2.5 pts

 
REGIONAL FLYING
Regional traffic increased 20.8 percent on a 23.0 percent increase in capacity compared to March 2015. Load factor decreased 1.4 points to 80.8 percent.
The following table shows regional operational results for March and year-to-date 2016, compared to the prior-year periods:
 
March
 
Year-to-Date
 
2016
 
2015
 
Change
 
2016
 
2015
 
Change
Revenue passengers (in thousands)
802
 
757
 
5.9%
 
2,192
 
2,080
 
5.4%
RPMs (in millions)
320
 
265
 
20.8%
 
855
 
728
 
17.4%
ASMs (in millions)
396
 
322
 
23.0%
 
1,100
 
910
 
20.9%
Passenger load factor
80.8%
 
82.2%
 
(1.4) pts
 
77.7%
 
80.0%
 
(2.3) 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 Unites States, Canada, Costa Rica and Mexico. For reservations, visit www.alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at www.alaskaair.com/newsroom.

# # #