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Press release from PR Newswire

Alaska Air Group Reports August Operational Results

Thursday, September 06, 2012

Alaska Air Group Reports August Operational Results08:00 EDT Thursday, September 06, 2012SEATTLE, Sept. 6, 2012 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported August 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 8.1 percent increase in traffic on a 7.4 percent increase in capacity compared to August 2011. This resulted in a 0.6-point increase in load factor to an all-time monthly record of 88.9 percent. Alaska also reported 89.3 percent of its flights arrived on time in August, compared to the 90.8 percent reported in August 2011. The following table shows Alaska's operational results for August and year-to-date 2012, compared to the prior-year periods:AugustYear-to-Date20122011Change20122011ChangeRevenue passengers (in thousands)1,7561,6983.4%12,55212,0334.3%Revenue passenger miles    RPM (in millions)2,2762,1058.1%16,45215,2048.2%Available seat miles    ASM (in millions)2,5612,3857.4%18,86417,8385.8%Passenger load factor88.9%88.3%0.6 pts87.2%85.2%2.0 ptsOn-time arrivals as reported    to U.S. DOT89.3%90.8%(1.5) pts87.9%88.1%(0.2) ptsHORIZON AIRHorizon reported a 5.2 percent increase in traffic on a 5.2 percent increase in capacity compared to August 2011. This resulted in a 0.1-point increase in load factor to an August record 83.1 percent. Horizon also reported a record 93.9 percent of its flights arrived on time in August, compared to the 92.7 percent reported in August 2011.The following table shows Horizon's operational results for August and year-to-date 2012, compared to the prior-year periods:AugustYear-to-Date20122011Change20122011ChangeRevenue passengers (in thousands)6366104.3%4,5064,4920.3%RPMs (in millions)2011915.2%1,3911,473(5.6)%ASMs (in millions)2422305.2%1,7771,893(6.1)%Passenger load factor83.1%83.0% 0.1 pts78.3%77.8%0.5 ptsOn-time arrivals93.9%92.7% 1.2 pts91.6%83.9%7.7 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 a 7.8 percent increase in traffic on a 7.1 percent increase in capacity compared to August 2011. This resulted in a 0.6-point increase in load factor to a record 88.4 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 August and year-to-date 2012, compared to the prior-year periods:AugustYear-to-Date20122011Change20122011ChangeRevenue passengers (in thousands)2,4482,3583.8%17,45516,6894.6%RPMs (in millions)2,5242,3427.8%18,17816,8427.9%ASMs (in millions)2,8552,6667.1%21,03019,9275.5%Passenger load factor88.4%87.8% 0.6 pts86.4%84.5%1.9 ptsAlaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK), together serve more than 90 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/Horizon Air Newsroom at www.alaskaair.com/newsroom.SOURCE Alaska Air Group Inc.For further information: Bobbie Egan, Media Relations Manager,+1-206-392-5134; Chris Berry, Managing Director of Investor Relations, +1-206-392-5260