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EX-99.2 - JULY 11, 2016 ABBREVIATED INVESTOR UPDATE - ALASKA AIR GROUP, INC.ex9927112016abbrinvestorup.htm
8-K - ALASKA AIR GROUP FORM 8-K - ALASKA AIR GROUP, INC.alk8-k7112016trafficreport.htm


Exhibit 99.1

July 5, 2016

Contact:
 
Investor contact:
Media Relations
 
Lavanya Sareen
(206) 304-0008
 
Managing Director, Investor Relations
newsroom@alaskaair.com
 
(206) 392-5656



Alaska Air Group reports June 2016 operational results


SEATTLE - Alaska Air Group Inc. (NYSE: ALK) today reported June 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 10.9 percent increase in traffic on an 11.7 percent increase in capacity compared to June 2015. Load factor decreased 0.7 points to 86.0 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 June and year-to-date 2016, compared to the prior-year periods:
 
June
 
Year-to-Date
 
2016
 
2015
 
Change
 
2016
 
2015
 
Change
Revenue passengers (in thousands)
3,017
 
2,805
 
7.6%
 
16,482
 
15,340
 
7.4%
Revenue passenger miles RPM (in millions)
3,239
 
2,921
 
10.9%
 
17,968
 
16,173
 
11.1%
Available seat miles ASM (in millions)
3,766
 
3,371
 
11.7%
 
21,515
 
19,206
 
12.0%
Passenger load factor
86.0%
 
86.7%
 
(0.7) pts
 
83.5%
 
84.2%
 
(0.7) pts



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ALASKA AIRLINES - MAINLINE
Alaska reported a 10.0 percent increase in traffic on a 10.6 percent increase in capacity compared to June 2015. Load Factor decreased 0.4 points to 86.6 percent. Alaska also reported 86.5 percent of its flights arrived on time in June, compared to the 87.5 percent reported in June 2015.
The following table shows Alaska's operational results for June and year-to-date 2016, compared to the prior-year periods:
 
June
 
Year-to-Date
 
2016
 
2015
 
Change
 
2016
 
2015
 
Change
Revenue passengers (in thousands)
2,182
 
2,020
 
8.0%
 
11,925
 
11,022
 
8.2%
RPMs (in millions)
2,912
 
2,647
 
10.0%
 
16,172
 
14,657
 
10.3%
ASMs (in millions)
3,363
 
3,041
 
10.6%
 
19,229
 
17,330
 
11.0%
Passenger load factor
86.6%
 
87.0%
 
(0.4) pts
 
84.1%
 
84.6%
 
(0.5) pts
On-time arrivals as reported to U.S. DOT
86.5%
 
87.5%
 
(1.0) pts
 
88.1%
 
86.7%
 
1.4 pts

 
REGIONAL FLYING
Regional traffic increased 19.3 percent on a 22.1 percent increase in capacity compared to June 2015. Load factor decreased 1.9 points to 81.1 percent. Alaska also reported 84.6 percent of its regional flights arrived on time in June, compared to the 86.7 percent in June 2015.
The following table shows regional operational results for June and year-to-date 2016, compared to the prior-year periods:
 
June
 
Year-to-Date
 
2016
 
2015
 
Change
 
2016
 
2015
 
Change
Revenue passengers (in thousands)
836
 
785
 
6.5%
 
4,558
 
4,318
 
5.6%
RPMs (in millions)
327
 
274
 
19.3%
 
1,796
 
1,516
 
18.5%
ASMs (in millions)
403
 
330
 
22.1%
 
2,287
 
1,876
 
21.9%
Passenger load factor
81.1%
 
83.0%
 
(1.9) pts
 
78.5%
 
80.8%
 
(2.3) pts
On-time arrivals
84.6%
 
86.7%
 
(2.1) pts
 
88.2%
 
87.3%
 
0.9 pts
    
Alaska Airlines, together with its regional partners, flies 32 million customers a year to more than 110 cities with an average of 970 daily flights throughout the United States, including Hawaii, Canada, Costa Rica, and Mexico. With Alaska’s 17 global airline partners, customers can earn and redeem miles to more than 800 destinations worldwide. Onboard, customers are invited to make the most of their flight with amenities like power outlets at every seat, streaming entertainment direct to your device, Wi-Fi and an inspired food and beverage selection featured on most flights. Alaska Airlines ranked “Highest in

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Customer Satisfaction Among Traditional Carriers in North America” in the J.D. Power North American Airline Satisfaction Study for nine consecutive years from 2008 to 2016. Alaska Airlines Mileage Plan also ranked “Highest in Customer Satisfaction with Airline Loyalty Rewards Programs” in the J.D. Power Airline Loyalty/Rewards Program Satisfaction Report for the last three consecutive years. Alaska Airlines is a subsidiary of Alaska Air Group (NYSE: ALK). Learn more on the airline’s newsroom, blog, alaskaair.com, @AlaskaAir, facebook.com/alaskaairlines and linkedin.com/company/alaska-airlines.

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