Alaska Air Group Reports August 2014 Operational Results

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Sep 03, 2014, 08:00 ET

SEATTLE, Sept. 3, 2014 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported August and year-to-date operational results on a consolidated basis, and for its subsidiaries, Alaska Airlines and Horizon Air. Detailed information is provided below.

AIR GROUP

On a combined basis, Air Group reported a 6.8 percent increase in traffic on a 7.5 percent increase in capacity compared to August 2013. Load factor decreased 0.5 points to 87.3 percent. These statistics include flights operated by Alaska and those under capacity purchase agreements, including Horizon, SkyWest Airlines and PenAir.

The following table shows the operational results for August and year-to-date 2014, compared to the prior-year periods:

	August			Year-to-Date
	2014	2013	Change	2014	2013	Change
Revenue passengers (in thousands)	2,815	2,603	8.1%	19,646	18,553	5.9%
Revenue passenger miles RPM (in millions)	2,893	2,709	6.8%	20,685	19,656	5.2%
Available seat miles ASM (in millions)	3,315	3,084	7.5%	23,999	22,738	5.5%
Passenger load factor	87.3%	87.8%	(0.5) pts	86.2%	86.4%	(0.2) pts

ALASKA AIRLINES - MAINLINE
Alaska reported a 6.2 percent increase in traffic on a 6.6 percent increase in capacity compared to August 2013. Load factor decreased 0.4 points to 87.6 percent. Alaska also reported 83.8 percent of its flights arrived on-time in August, compared to 85.1 percent reported in August 2013.

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

	August			Year-to-Date
	2014	2013	Change	2014	2013	Change
Revenue passengers (in thousands)	2,046	1,895	8.0%	14,146	13,427	5.4%
RPMs (in millions)	2,613	2,461	6.2%	18,725	17,883	4.7%
ASMs (in millions)	2,982	2,797	6.6%	21,582	20,580	4.9%
Passenger load factor	87.6%	88.0%	(0.4) pts	86.8%	86.9%	(0.1) pts
On-time arrivals as reported to U.S. DOT	83.8%	85.1%	(1.3) pts	86.7%	86.8%	(0.1) pts

HORIZON AIR
Horizon reported a 3.5 percent increase in August traffic on a 7.6 percent increase in capacity compared to August 2013. Load factor decreased 3.3 points to 82.3 percent. Horizon also reported 88.4 percent of its flights arrived on-time in August, compared to the 86.7 percent reported in August 2013.

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

	August			Year-to-Date
	2014	2013	Change	2014	2013	Change
Revenue passengers (in thousands)	687	654	5.0%	4,948	4,752	4.1%
RPMs (in millions)	209	202	3.5%	1,478	1,454	1.7%
ASMs (in millions)	254	236	7.6%	1,852	1,789	3.5%
Passenger load factor	82.3%	85.6%	(3.3) pts	79.8%	81.3%	(1.5) pts
On-time arrivals as reported to U.S. DOT	88.4%	86.7%	1.7 pts	88.6%	88.9%	(0.3) pts

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves 100 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers" in the J.D. Power North American Airline Satisfaction Study for seven consecutive years from 2008 to 2014. Alaska Airlines' Mileage Plan also ranked highest in the J.D. Power 2014 Airline Loyalty/Rewards Program Satisfaction Report. For reservations, visit www.alaskaair.com. For more news and information, visit the Alaska Airlines Newsroom at www.alaskaair.com/newsroom.

SOURCE Alaska Air Group