Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Alaska Air Group March Traffic, Capacity Up - Quick Facts

Alaska Air Group Inc. (ALK: Quote) Monday reported March operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. On a combined basis, Air Group reported a 9.5 percent growth in March traffic on a 9.7 percent year-on-year increase in capacity. This resulted in a 0.2-point drop in load factor to 87.7 percent. These statistics include flights operated by Alaska and those under capacity purchase agreements, including Horizon, SkyWest and PenAir, according to the company.

Traffic in March, measured in revenue passenger miles, or RPMs, climbed 9.5% to 2.49 billion from last year's 2.28 billion, while capacity, measured in available seat miles, or ASMs, totaled 2.84 billion, up 9.7% from 2.59 billion a year before. Monthly passenger load factor slid by 0.2 points to 87.7 percent from 87.9 percent in March 2012.

Click here to receive FREE breaking news email alerts for Alaska Air Group Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Specialty drugmaker Horizon Pharma plc (HZNP) on Friday managed to redomicile itself as an entity incorporated in Ireland following the completion of its $660 million acquisition of Vidara Therapeutics International plc. The deal will help it avoid paying the high rate of U.S. corporate taxes. The... Stocks showed a lack of direction over the course of the trading day on Friday after failing to sustain an initial upward move. Despite the choppy trading, the Dow once again managed to end the session at a new record closing high. The major averages turned in a mixed performance on the day. President Barack Obama delivered a statement Thursday evening thanking members of Congress for voting to approve legislation granting the U.S. military the authority to train and arm moderate Syrian rebels fighting against the terrorist group known as the Islamic State.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.