Alaska Air Group Reports October 2014 Operational Results

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Nov 04, 2014, 08:00 ET

SEATTLE, Nov. 4, 2014 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported October 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 10.0 percent increase in traffic on a 10.9 percent increase in capacity compared to October 2013. Load factor decreased 0.7 points to 83.0 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 October and year-to-date 2014, compared to the prior-year periods:

	October			Year-to-Date
	2014	2013	Change	2014	2013	Change
Revenue passengers (in thousands)	2,388	2,198	8.6%	24,384	22,919	6.4%
Revenue passenger miles RPM (in millions)	2,459	2,236	10.0%	25,536	24,088	6.0%
Available seat miles ASM (in millions)	2,962	2,670	10.9%	29,884	28,068	6.5%
Passenger load factor	83.0%	83.7%	(0.7) pts	85.5%	85.8%	(0.3) pts

ALASKA AIRLINES - MAINLINE
Alaska reported a 9.4 percent increase in traffic on a 10.3 percent increase in capacity compared to October 2013. Load factor decreased 0.8 points to 83.4 percent. Alaska also reported 87.1 percent of its flights arrived on-time in October, compared to 89.6 percent reported in October 2013.

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

	October			Year-to-Date
	2014	2013	Change	2014	2013	Change
Revenue passengers (in thousands)	1,671	1,563	6.9%	17,467	16,536	5.6%
RPMs (in millions)	2,208	2,019	9.4%	23,079	21,883	5.5%
ASMs (in millions)	2,646	2,399	10.3%	26,843	25,372	5.8%
Passenger load factor	83.4%	84.2%	(0.8) pts	86.0%	86.2%	(0.2) pts
On-time arrivals as reported to U.S. DOT	87.1%	89.6%	(2.5) pts	86.8%	87.1%	(0.3) pts

HORIZON AIR
Horizon reported a 5.1 percent increase in October traffic on a 5.8 percent increase in capacity compared to October 2013. Load factor decreased 0.5 points to 78.6 percent. Horizon also reported 89.6 percent of its flights arrived on-time in October, compared to the 89.3 percent reported in October 2013.

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

	October			Year-to-Date
	2014	2013	Change	2014	2013	Change
Revenue passengers (in thousands)	641	589	8.8%	6,215	5,916	5.1%
RPMs (in millions)	187	178	5.1%	1,849	1,807	2.3%
ASMs (in millions)	238	225	5.8%	2,324	2,233	4.1%
Passenger load factor	78.6%	79.1%	(0.5) pts	79.6%	80.9%	(1.3) pts
On-time arrivals as reported to U.S. DOT	89.6%	89.3%	0.3 pts	88.7%	88.5%	0.2 pts

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves more than100 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