Alaska Air Group Reports January 2014 Operational Results

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Feb 05, 2014, 08:00 ET

SEATTLE, Feb. 5, 2014 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported January 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 3.1 percent increase in traffic on a 3.3 percent increase in capacity compared to January 2013. This resulted in a 0.1 point decrease in load factor to 83.3 percent. Alaska also reported a record 87.8 percent of its flights arrived on-time in January, compared to the 86.7 percent reported in January 2013.

The following table shows Alaska's operational results for January 2014, compared to the prior-year period:

	January
	2014		2013		Change
Revenue passengers (in thousands)	1,537		1,478		4.0	%
Revenue passenger miles RPM (in millions)	2,094		2,031		3.1	%
Available seat miles ASM (in millions)	2,515		2,435		3.3	%
Passenger load factor	83.3	%	83.4	%	(0.1) pt
On-time arrivals as reported to U.S. DOT	87.8	%	86.7	%	1.1 pts

HORIZON AIR

Horizon reported a 2.4 percent increase in traffic on a 3.6 percent increase in capacity compared to January 2013. This resulted in a decrease in load factor of 1.0 point, to 74.6 percent. Horizon also reported a record 86.8 percent of its flights arrived on-time in January, compared to the 85.1 percent reported in January 2013.

The following table shows Horizon's operational results for January 2014, compared to the prior-year period:

	January
	2014		2013		Change
Revenue passengers (in thousands)	568		550		3.3	%
RPMs (in millions)	170		166		2.4	%
ASMs (in millions)	228		220		3.6	%
Passenger load factor	74.6	%	75.6	%	(1.0) pts
On-time arrivals as reported to U.S. DOT	86.8	%	85.1	%	1.7 pts

AIR GROUP

On a combined basis, Air Group reported a 3.4 percent increase in traffic on a 3.9 percent increase in capacity compared to January 2013. This resulted in a decrease in load factor of 0.3 points, to 82.4 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 January 2014, compared to the prior-year period:

	January
	2014		2013		Change
Revenue passengers (in thousands)	2,159		2,072		4.2	%
RPMs (in millions)	2,313		2,236		3.4	%
ASMs (in millions)	2,807		2,702		3.9	%
Passenger load factor	82.4	%	82.7	%	(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 Study^SM 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.

SOURCE Alaska Air Group