Alaska Air Group Reports July Operational Results

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Aug 05, 2014, 08:00 ET

SEATTLE, Aug. 5, 2014 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported July 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 7.0 percent increase in traffic on a 7.0 percent increase in capacity compared to July 2013. This resulted in a load factor of 88.6 percent, consistent with July 2013. 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 July and year-to-date 2014, compared to the prior-year periods:

	July			Year-to-Date
	2014	2013	Change	2014	2013	Change
Revenue passengers (in thousands)	2,829	2,624	7.8%	16,830	15,950	5.5%
Revenue passenger miles RPM (in millions)	2,960	2,767	7.0%	17,792	16,947	5.0%
Available seat miles ASM (in millions)	3,342	3,124	7.0%	20,683	19,654	5.2%
Passenger load factor	88.6%	88.6%	— pts	86.0%	86.2%	(0.2) pts

ALASKA AIRLINES - MAINLINE

Alaska reported a 6.3 percent increase in traffic on a 6.1 percent increase in capacity compared to July 2013. This resulted in a 0.1 point increase in load factor to a record 89.0 percent. Alaska also reported 84.0 percent of its flights arrived on-time in July, compared to 84.5 percent reported in July 2013.

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

	July			Year-to-Date
	2014	2013	Change	2014	2013	Change
Revenue passengers (in thousands)	2,056	1,924	6.9%	12,099	11,532	4.9%
RPMs (in millions)	2,680	2,521	6.3%	16,112	15,422	4.5%
ASMs (in millions)	3,010	2,837	6.1%	18,600	17,783	4.6%
Passenger load factor	89.0%	88.9%	0.1 pts	86.6%	86.7%	(0.1) pts
On-time arrivals as reported to U.S. DOT	84.0%	84.5%	(0.5) pts	87.2%	87.2%	— pts

HORIZON AIR

Horizon reported a 3.5 percent increase in July traffic on a 6.3 percent increase in capacity compared to July 2013. This resulted in a 2.3 point decrease in load factor to 82.6 percent. Horizon also reported 86.9 percent of its flights arrived on-time in July, compared to the 89.4 percent reported in July 2013.

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

	July			Year-to-Date
	2014	2013	Change	2014	2013	Change
Revenue passengers (in thousands)	692	649	6.6%	4,262	4,098	4.0%
RPMs (in millions)	209	202	3.5%	1,269	1,252	1.4%
ASMs (in millions)	253	238	6.3%	1,598	1,553	2.9%
Passenger load factor	82.6%	84.9%	(2.3) pts	79.4%	80.6%	(1.2) pts
On-time arrivals as reported to U.S. DOT	86.9%	89.4%	(2.5) pts	88.6%	89.4%	(0.8) pts

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serve 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