Alaska Air Group Reports May Operational Results

6/4/2014 5:01 a.m.

SEATTLE - Alaska Air Group Inc. (NYSE: ALK) today reported May 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 4.8 percent increase in traffic on a 5.1 percent increase in capacity compared to May 2013. This resulted in a 0.3 point decrease in load factor to 85.7 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 May and year-to-date 2014, compared to the prior-year periods:

May
Year-to-Date
2014 2013 Change 2014 2013 Change
Revenue passengers (in thousands) 2,409 2,305 4.5% 11,392 10,868 4.8%
Revenue passenger miles RPM (in millions) 2,531 2,415 4.8% 12,099 11,585 4.4%
Available seat miles ASM (in millions) 2,952 2,809 5.1% 14,197 13,550 4.8%
Passenger load factor 85.7% 86.0% (0.3) pts 85.2% 85.5% (0.3) pts

ALASKA AIRLINES - MAINLINE
Alaska reported a 4.4 percent increase in traffic on a 4.6 percent increase in capacity compared to May 2013. This resulted in a 0.3 point decrease in load factor to 86.2 percent. Alaska also reported 89.6 percent of its flights arrived on-time in May, consistent with the 89.6 percent reported in May 2013.

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

May
Year-to-Date
2014 2013 Change 2014 2013 Change
Revenue passengers (in thousands) 1,732 1,666 4.0% 8,157 7,815 4.4%
RPMs (in millions) 2,293 2,197 4.4% 10,956 10,537 4.0%
ASMs (in millions) 2,659 2,541 4.6% 12,759 12,242 4.2%
Passenger load factor 86.2% 86.5% (0.3) pts 85.9% 86.1% (0.2) pts
On-time arrivals as reported to U.S. DOT 89.6% 89.6% pts 88.2% 87.8% 0.4 pts

HORIZON AIR

Horizon reported a 1.1 percent decrease in May traffic on a 0.9 percent decrease in capacity compared to May 2013. This resulted in a 0.2 point decrease in load factor to 80.2 percent. Horizon also reported 93.0 percent of its flights arrived on-time in May, compared to the 90.8 percent reported in May 2013.

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

May
Year-to-Date
2014 2013 Change 2014 2013 Change
Revenue passengers (in thousands) 607 595 2.0% 2,921 2,835 3.0%
RPMs (in millions) 178 180 (1.1)% 867 862 0.6%
ASMs (in millions) 222 224 (0.9)% 1,107 1,090 1.6%
Passenger load factor 80.2% 80.4% (0.2) pts 78.3% 79.1% (0.8) pts
On-time arrivals as reported to U.S. DOT 93.0% 90.8% 2.2 pts 88.1% 89.5% (1.4) pts

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves over 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 seven consecutive years from 2008 to 2014 For reservations, visit www.alaskaair.com. For more news and information, visit the Alaska Airlines Newsroom at www.alaskaair.com/newsroom.