Alaska Air Group Reports February 2015 Operational Results

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Mar 04, 2015, 08:00 ET

SEATTLE, March 4, 2015 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported February 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 7.9 percent increase in traffic on a 9.4 percent increase in capacity compared to February 2014. Load factor decreased 1.2 points to 83.4 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 2015, compared to the prior-year periods:

	February			Year-to-Date
	2015	2014	Change	2015	2014	Change
Revenue passengers (in thousands)	2,245	2,048	9.6%	4,603	4,207	9.4%
Revenue passenger miles RPM (in millions)	2,328	2,158	7.9%	4,824	4,470	7.9%
Available seat miles ASM (in millions)	2,792	2,552	9.4%	5,892	5,358	10.0%
Passenger load factor	83.4%	84.6%	(1.2) pts	81.9%	83.4%	(1.5) pts

ALASKA AIRLINES - MAINLINE

Alaska reported a 7.9 percent increase in traffic on a 9.7 percent increase in capacity compared to February 2014. Load factor decreased 1.5 points to 83.6 percent. Alaska also reported 85.1 percent of its flights arrived on-time in February, compared to 85.4 percent reported in February 2014.

The following table shows Alaska's operational results for February and year-to-date 2015, compared to the prior-year periods:

	February			Year-to-Date
	2015	2014	Change	2015	2014	Change
Revenue passengers (in thousands)	1,599	1,457	9.7%	3,279	2,994	9.5%
RPMs (in millions)	2,102	1,948	7.9%	4,361	4,042	7.9%
ASMs (in millions)	2,514	2,291	9.7%	5,303	4,805	10.4%
Passenger load factor	83.6%	85.1%	(1.5) pts	82.2%	84.1%	(1.9) pts
On-time arrivals as reported to U.S. DOT	85.1%	85.4%	(0.3) pts	84.6%	86.5%	(1.9) pts

HORIZON AIR

Horizon reported a 4.3 percent increase in traffic on a 2.9 percent increase in capacity compared to February 2014. Load factor increased 0.8 points to 79.6 percent. Horizon also reported 88.5 percent of its flights arrived on-time in February, compared to the 82.2 percent reported in February 2014.

The following table shows Horizon's operational results for February and year-to-date 2015, compared to the prior-year periods:

	February			Year-to-Date
	2015	2014	Change	2015	2014	Change
Revenue passengers (in thousands)	578	539	7.2%	1,183	1,107	6.9%
RPMs (in millions)	169	162	4.3%	345	333	3.6%
ASMs (in millions)	212	206	2.9%	445	434	2.5%
Passenger load factor	79.6%	78.8%	0.8 pts	77.5%	76.6%	0.9 pts
On-time arrivals as reported to U.S. DOT	88.5%	82.2%	6.3 pts	86.3%	84.4%	1.9 pts

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves more than 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/Horizon Air Newsroom at www.alaskaair.com/newsroom.

SOURCE Alaska Air Group