The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

Alaska Air Group Reports December and Year-End Operational Results

Friday, January 04, 2013

Alaska Air Group Reports December and Year-End Operational Results08:00 EST Friday, January 04, 2013SEATTLE, Jan. 4, 2013 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported December and year-end operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below. ALASKA AIRLINES ? MAINLINEAlaska reported an 8.4 percent increase in traffic on a 9.9 percent increase in capacity compared with December 2011. This resulted in a 1.1-point decrease in load factor to 86.3 percent. Alaska also reported 83.3 percent of its flights arrived on time in December, compared with 85.4 percent in December 2011. For all of 2012, Alaska reported a record load factor of 86.6 percent and carried a record 18.5 million passengers.The following table shows Alaska's operational results for December and full-year 2012, compared with the prior-year periods:           December          Full Year20122011Change20122011ChangeRevenue passengers (in thousands)1,5491,4854.3%18,52617,8104.0%Revenue passenger miles RPM (in millions)2,1051,9418.4%24,41722,5868.1%Available seat miles ASM (in millions)2,4402,2209.9%28,18026,5176.3%Passenger load factor86.3%87.4%(1.1) pts86.6%85.2%1.4 ptsOn-time arrivals as reported to U.S. DOT83.3%85.4%(2.1) pts87.5%88.2%(0.7) ptsHORIZON AIRHorizon reported a 5.3 percent increase in December traffic on a 4.6 percent increase in capacity compared with December 2011. This resulted in a 0.7-point increase in load factor to a December record of 79.4 percent and full-year record of 78.3 percent. Horizon also reported 85.2 percent of its flights arrived on time in December, compared with 90.2 percent in December 2011.The following table shows Horizon's operational results for December and full-year 2012, compared with the prior-year periods:DecemberFull Year20122011Change20122011ChangeRevenue passengers (in thousands)5865624.3%6,7816,6412.1%RPMs (in millions)1791705.3%2,0902,131(1.9)%ASMs (in millions)2262164.6%2,6692,726(2.1)%Passenger load factor79.4%78.7%0.7 pts78.3%78.2%0.1 ptsOn-time arrivals85.2%90.2%(5.0) pts91.0%86.1%4.9 ptsThe year-to-date decline in capacity and traffic for Horizon from the prior year is due primarily to the completion of Horizon's transition out of the CRJ-700 regional jet. This transition was completed in June 2011.AIR GROUP (including flights operated by third parties)On a combined basis, Air Group reported an 8.1 percent increase in traffic on a 9.0 percent increase in capacity compared with December 2011. This resulted in a 0.7-point decrease in load factor to 85.7 percent. These statistics include flights operated by Alaska and those under capacity purchase arrangements, including Horizon, SkyWest and a small third-party carrier in the state of Alaska.The following table shows the operational results for December and full-year 2012, compared with the prior-year periods:DecemberFull Year20122011Change20122011ChangeRevenue passengers (in thousands)2,1812,0944.2%25,89624,7904.5%RPMs (in millions)2,3242,1498.1%27,00725,0327.9%ASMs (in millions)2,7122,4889.0%31,42829,6276.1%Passenger load factor85.7%86.4%(0.7) pts85.9%84.5%1.4 ptsAlaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines,  serves 95 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 StudySM for five consecutive years from 2008 to 2012. For reservations, visit www.alaskaair.com. For more news and information, visit the Alaska Airlines newsroom at www.alaskaair.com/newsroom.SOURCE Alaska AirlinesFor further information: Bobbie Egan, Media Relations Manager, +1-206-392-5101; Chris Berry, Managing Director of Investor Relations, +1-206-392-5260