Alaska Air Group Reports February Operational Results

3/5/2014 5:00 a.m.

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

ALASKA AIRLINES - MAINLINE
Alaska reported a 4.2 percent increase in traffic on a 4.2 percent increase in capacity compared to February 2013. This resulted in a flat load factor of 85.1 percent. Alaska also reported 85.4 percent of its flights arrived on-time in February, compared to the 90.6 percent reported in February 2013.

The following table shows Alaska's operational results for February and year-to-date 2014, compared to the prior-year periods:

 
February
Year-to-Date
2014 2013 Change 2014 2013 Change
Revenue passengers (in thousands) 1,457 1,376 5.9% 2,994 2,854 4.9%
Revenue passenger miles RPM (in millions) 1,948 1,870 4.2% 4,042 3,902 3.6%
Available seat miles
ASM (in millions)
2,291 2,198 4.2% 4,805 4,632 3.7%
Passenger load factor 85.1% 85.1% --- pts 84.1% 84.2% (0.1) pts
On-time arrivals as reported to U.S. DOT 85.4% 90.6% (5.2) pts 86.5% 88.6% (2.1) pts

HORIZON AIR
Horizon reported a 0.6 percent increase in traffic on a 2.5 percent increase in capacity compared to February 2013. This resulted in a decrease in load factor of 1.2 points, to 78.8 percent. Horizon also reported 82.2 percent of its flights arrived on-time in February, compared to the 92.4 percent reported in February 2013.

The following table shows Horizon's operational results for February and year-to-date 2014, compared to the prior-year periods:

 
February
Year-to-Date
  2014 2013 Change 2014 2013 Change
Revenue passengers (in thousands) 539 528 2.1% 1,107 1,078 2.7%
RPMs (in millions) 162 161 0.6% 333 327 1.8%
ASMs (in millions) 206 201 2.5% 434 421 3.1%
Passenger load factor 78.8% 80.0% (1.2) pts 76.6% 77.7% (1.1) pts
On-time arrivals as reported to U.S. DOT 82.2% 92.4% (10.2) pts 84.4% 88.5% (4.1) pts
             

AIR GROUP
On a combined basis, Air Group reported a 4.3 percent increase in traffic on a 4.6 percent increase in capacity compared to February 2013. This resulted in a decrease in load factor of 0.2 points, to 84.6 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 February and year-to-date 2014, compared to the prior-year periods:

February
Year-to-Date
  2014 2013 Change 2014 2013 Change
Revenue passengers (in thousands) 2,048 1,947 5.2% 4,207 4,019 4.7%
RPMs (in millions) 2,158 2,068 4.3% 4,470 4,304 3.9%
ASMs (in millions) 2,552 2,441 4.6% 5,358 5,143 4.2%
Passenger load factor 84.6% 84.8% (0.2) pts 83.4% 83.7% (0.3) pts

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves nearly 100 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines has ranked "Highest in Customer Satisfaction Among Traditional Network Carriers" in the J.D. Power and Associates North America Airline Satisfaction StudySM for six consecutive years from 2008 to 2013. For reservations, visit www.alaskaair.com. For more news and information, visit the Alaska Airlines Newsroom at www.alaskaair.com/newsroom.