logo
Share SHARE
FONT-SIZE Plus   Neg

Alaska Air Group February Traffic, Capacity Improve, While Load Factor Declines

Scheduled passenger services provider Alaska Air Group, Inc. (ALK) reported Tuesday operational results for the month of February for its subsidiaries, Alaska Airlines and Horizon Air. The group's combined traffic and capacity improved, while passenger load factor declined 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 February, measured in revenue passenger miles, or RPMs, grew 4.3 percent to 2.16 billion from 2.07 billion in the same period last year.

Capacity, measured in available seat miles, or ASMs, increased 4.6 percent to 2.55 billion from 2.44 billion in February 2013. However, the Group's load factor for February edged down 0.2 percentage point to 84.6 percent from 84.8 percent in the same month a year ago.

Alaska Air Group carried 2.05 million revenue passengers in the month of February, up 5.2 percent from 1.95 million in the preceding year month.

For Alaska Airlines, traffic for the month improved 4.2 percent to 1.95 billion, and capacity also grew 4.2 percent to 2.29 billion from last year. However, passenger load factor remained flat with last year at 85.1 percent from a year ago.

Alaska Airlines carried 1.46 million revenue passengers in the month of February, up 5.9 percent from the preceding year month. It also reported that 85.4 percent of its flights arrived on time in February 2014, but decreased 5.2 percentage points from last year.

For Horizon Air, traffic edged up 0.6 percent to 162 million RPMs, and capacity grew 2.5 percent to 206 million ASMs from a year ago. Meanwhile, passenger load factor was 78.8 percent, down 1.2 percentage points from last year.

Horizon Air carried 539 thousand revenue passengers in the month, up 2.1 percent from the preceding year month. Horizon Air also reported that 82.2 percent of its flights arrived on time, but declined 10.2 percentage points decline from last year.

ALK closed Friday's regular trading session at $89.11, up $2.01 on a volume of 0.82 million shares.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Home improvement retailer Lowe's Companies Inc. (LOW) has reportedly informed about 2,400 employees that they will be laid off. The majority of the lay offs are at the store level, while other affected positions are at distribution centers, contact centers and at the company's corporate office in... The U.S. Department of Defense and Lockheed Martin Corp. are reportedly nearing a deal worth $9 billion for F-35 fighter planes. President-elect Donald Trump had earlier heavily criticized the Pentagon for overspending on defense contracts. He had specifically noted the F-35 as an example on how Lockheed... PowerBar has selected Olympic swimmer Ryan Lochte for its ad campaign to kick start the "Clean Start Pledge." The energy bar's ad campaign, which focuses on its newer line of "Clean Whey" protein bars, also encourages consumers to participate in sports and fitness exercises to improve their health. The Clean Start Pledge started on January 18.
comments powered by Disqus
Follow RTT