Alaska Air Group Reports May Operational Results

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Jun 04, 2014, 08:00 ET

SEATTLE, June 4, 2014 /PRNewswire/ -- 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 Study^SM 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.

SOURCE Alaska Air Group