logo
Share SHARE
FONT-SIZE Plus   Neg

Alaska Air Group July Traffic, Capacity And Load Factor Improve

Scheduled passenger services provider Alaska Air Group, Inc. (ALK: Quote) reported Monday operational results for the month of March for its subsidiaries, Alaska Airlines and Horizon Air. The group's combined traffic, capacity and passenger load factor improved from last year.

The operational results include flights operated by Alaska and those under capacity purchase agreements, including Horizon, SkyWest and PenAir.

The Seattle, Washington-based airliner reported that combined Air Group traffic for the month of July, measured in revenue passenger miles, or RPMs, declined grew 8.4 percent to 2.77 billion from 2.55 billion in the same period last year.

Capacity, measured in available seat miles, or ASMs, increased 8.0 percent to 3.12 billion from 2.89 billion in July 2012. Alaska Air Group's load factor for July increased 0.3 percentage points to 88.6 percent from 88.3 percent in the same month a year ago.

Alaska Air Group carried 2.62 million revenue passengers in the month of July, up 7.2 percent from 2.45 million in the preceding year month.

For Alaska Airlines, traffic for the month improved 9.2 percent to 2.52 billion, and capacity also grew 9.2 percent to 2.84 billion from last year. Passenger load factor edged up 0.1 percentage points to 88.9 percent from a year ago.

Alaska Airlines carried 1.92 million revenue passengers in the month of July, up 8.8 percent from the preceding year month.

Alaska Airlines also reported that 84.5 percent of its flights arrived on time in July 2013, a 4.1 percentage points decline from last year.

For Horizon Air, traffic increased 1.9 percent to 202 million RPMs, while capacity declined 1.2 percent to 238 million ASMs from a year ago. Passenger load factor was 84.7 percent, up 2.5 percentage points from last year.

Horizon Air carried 649 thousand revenue passengers in the month, up 3.9 percent from the preceding year month. Horizon Air also reported that 89.4 percent of its flights arrived on time, but declined 2.5 percentage points decline from last year.

ALK closed Friday's regular trading session at $63.12, up $1.05 on a volume of 0.76 million shares.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Fox News pundit Bill O'Reilly remains under fire amid accusations that he trumped up his role in covering international events. Only weeks after a Mother Jones article raised doubts about his claims that he was in the "warzone" during the Falklands War, the Washington Post noticed that O'Reilly once... PayPal, the online payment unit of Ebay, said it has agreed to buy mobile payment company Paydiant as part of efforts to expand its mobile offerings for merchants. The deal comes at a time when the mobile payment space is suffused with prominent players like Apple and Google, with retailers seeking their own mobile payment applications. Google plans to launch a limited-scale U.S. wireless service, which while not taking on the big players in the industry, would nonetheless incorporate technical innovations that could be absorbed the carriers. This was announced by Sundar Pichai, a top Google executive, at the ongoing World Mobile Congress in Barcelona.
comments powered by Disqus
Follow RTT