Attached files
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| EX-99.2 - JANUARY13, 2020 ABBREVIATED INVESTOR UPDATE - ALASKA AIR GROUP, INC. | ex99201132020abbrinves.htm |
| 8-K - ALASKA AIR GROUP FORM 8-K - ALASKA AIR GROUP, INC. | alk-20200113.htm |
Exhibit 99.1
January 13, 2020
| Contact: | Investor contact: | |||||||
| Media Relations | Emily Halverson | |||||||
| (206) 304-0008 | Director, Investor Relations | |||||||
| newsroom@alaskaair.com | (206) 392-5908 | |||||||
Alaska Air Group reports December 2019 and full-year operational results
SEATTLE — Alaska Air Group, Inc. (NYSE: ALK) today reported December and full-year operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines, Inc. and for its regional flying operated by subsidiary Horizon Air Industries, Inc. and third-party regional carriers.
AIR GROUP
On a combined basis for all operations, Air Group reported a 9.4 percent increase in traffic on a 4.7 percent increase in capacity compared to December 2018. Load factor increased 3.7 points to 85.9 percent.
The following table shows the operational results for December and full-year 2019 compared to the prior-year periods:
| December | Full-Year | ||||||||||||||||||||||||||||||||||
| 2019 | 2018 | Change | 2019 | 2018 | Change | ||||||||||||||||||||||||||||||
| Revenue passengers (000) | 4,097 | 3,696 | 10.8% | 46.733 | 45.802 | 2.0% | |||||||||||||||||||||||||||||
| Revenue passenger miles RPM (000,000) "traffic" | 4,913 | 4,489 | 9.4% | 56,040 | 54,673 | 2.5% | |||||||||||||||||||||||||||||
| Available seat miles ASM (000,000) "capacity" | 5,717 | 5,461 | 4.7% | 66,654 | 65,335 | 2.0% | |||||||||||||||||||||||||||||
| Passenger load factor | 85.9% | 82.2% | 3.7 pts | 84.1% | 83.7% | 0.4 pts | |||||||||||||||||||||||||||||
MAINLINE
Mainline reported a 9.4 percent increase in traffic on a 4.9 percent increase in capacity compared to December 2018. Load factor increased 3.6 points to 86.2 percent. Mainline also reported 73.8 percent of its flights arrived on time in December 2019, compared to 81.9 percent reported in December 2018.
The following table shows mainline operational results for December and full-year 2019 compared to the prior-year periods:
| December | Full Year | ||||||||||||||||||||||||||||||||||
| 2019 | 2018 | Change | 2019 | 2018 | Change | ||||||||||||||||||||||||||||||
| Revenue passengers (000) | 3,071 | 2,795 | 9.9% | 35,530 | 35,603 | (0.2)% | |||||||||||||||||||||||||||||
| RPMs (000,000) | 4,414 | 4,036 | 9.4% | 50,413 | 49,781 | 1.3% | |||||||||||||||||||||||||||||
| ASMs (000,000) | 5,122 | 4,885 | 4.9% | 59,711 | 59,187 | 0.9% | |||||||||||||||||||||||||||||
| Passenger load factor | 86.2% | 82.6% | 3.6 pts | 84.4% | 84.1% | 0.3 pts | |||||||||||||||||||||||||||||
| On-time arrivals as reported to U.S. DOT | 73.8% | 81.9% | (8.1) pts | 80.3% | 82.6% | (2.3) pts | |||||||||||||||||||||||||||||
REGIONAL
Regional traffic increased 10.2 percent on a 3.3 percent increase in capacity compared to December 2018. Load factor increased 5.3 points to 83.9 percent. Alaska's regional partners also reported 75.2 percent of flights arrived on time in December 2019, compared to 78.9 percent in December 2018.
The following table shows regional operational results for December and full-year 2019 compared to the prior-year periods:
| December | Full Year | ||||||||||||||||||||||||||||||||||
| 2019 | 2018 | Change | 2019 | 2018 | Change | ||||||||||||||||||||||||||||||
| Revenue passengers (000) | 1,026 | 901 | 13.9% | 11,203 | 10,199 | 9.8% | |||||||||||||||||||||||||||||
| RPMs (000,000) | 499 | 453 | 10.2% | 5,627 | 4,892 | 15.0% | |||||||||||||||||||||||||||||
| ASMs (000,000) | 595 | 576 | 3.3% | 6,943 | 6,148 | 12.9% | |||||||||||||||||||||||||||||
| Passenger load factor | 83.9% | 78.6% | 5.3 pts | 81.0% | 79.6% | 1.4 pts | |||||||||||||||||||||||||||||
| On-time arrivals as reported to U.S. DOT | 75.2% | 78.9% | (3.7) pts | 83.2% | 83.0% | 0.2 pts | |||||||||||||||||||||||||||||
Alaska Airlines and its regional partners fly 46 million guests a year to more than 115 destinations with an average of 1,300 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 800 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 12 consecutive years from 2008 to 2019. Learn more about Alaska’s award-winning service at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).
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