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Alaska Air Group Reports September 2017 Operational Results

On a combined basis for all operations, Air Group reported an 8.4 percent increase in traffic on a 10.1 percent increase in capacity compared to September 2016. Load factor decreased 1.3 points to 82.9 percent.

Alaska Air Group Inc. (NYSE:  ALK) today reported September and year-to-date operational results on a consolidated basis, for its mainline operations operated by subsidiaries Alaska Airlines Inc. (Alaska) and Virgin America Inc. (Virgin America), and for its regional flying operated by subsidiary Horizon Air Industries Inc. (Horizon) and third-party regional carriers SkyWest Airlines and Peninsula Airlines. 

Air Group’s acquisition of Virgin America took place on Dec.14, 2016. Operational results below include Virgin America results from pre-acquisition periods for comparison.

AIR GROUP
On a combined basis for all operations, Air Group reported an 8.4 percent increase in traffic on a 10.1 percent increase in capacity compared to September 2016. Load factor decreased 1.3 points to 82.9 percent.

The following table shows the operational results for September and year-to-date, compared to the prior-year periods(1):

 

September

Year-to-Date

2017

2016

Change

2017

2016

Change

Revenue passengers (000)

3,543

3,384

4.7%

33,063

31,564

4.7%

Revenue passenger miles RPM (000,000) “traffic”

4,162

3,839

8.4%

39,072

36,669

6.6%

Available seat miles ASM (000,000) “capacity”

5,021

4,561

10.1%

46,169

43,548

6.0%

Passenger load factor

82.9%

84.2%

(1.3) pts

84.6%

84.2%

0.4 pts

 

(1)

2016 information has been adjusted to include Virgin America operating results for comparison.

ALASKA
Alaska reported a 9.1 percent increase in traffic on a 10.9 percent increase in capacity compared to September 2016. Load factor decreased 1.4 points to 83.1 percent. Alaska also reported 86.4 percent of its flights arrived on time in September 2017, compared to the 90.2 percent reported in September 2016. 

The following table shows Alaska’s operational results for September and year-to-date, compared to the prior-year periods:

 

September

Year-to-Date

2017

2016

Change

2017

2016

Change

Revenue passengers (000)

2,068

1,911

8.2%

19,693

18,432

6.8%

RPMs (000,000)

2,742

2,513

9.1%

26,582

24,767

7.3%

ASMs (000,000)

3,298

2,973

10.9%

31,122

29,216

6.5%

Passenger load factor

83.1%

84.5%

(1.4) pts

85.4%

84.8%

0.6 pts

On-time arrivals as reported to U.S. DOT

86.4%

90.2%

(3.8) pts

82.0%

88.5%

(6.5) pts

VIRGIN AMERICA
Virgin America traffic increased 4.6 percent on a 5.5 percent increase in capacity compared to September 2016. Load factor decreased 0.7 points to 83.5 percent. Virgin America also reported 77.4 percent of its flights arrived on time in September 2017, compared to 82.3 percent in September 2016. 

The following table shows Virgin America operational results for September and year-to-date, compared to the prior-year periods:

 

September

Year-to-Date

2017

2016

Change

2017

2016

Change

Revenue passengers (000)

689

673

2.4%

6,182

6,028

2.6%

RPMs (000,000)

1,058

1,011

4.6%

9,463

9,101

4.0%

ASMs (000,000)

1,267

1,201

5.5%

11,274

10,820

4.2%

Passenger load factor

83.5%

84.2%

(0.7) pts

83.9%

84.1%

(0.2) pts

On-time arrivals as reported to U.S. DOT

77.4%

82.3%

(4.9) pts

67.2%

76.5%

(9.3) pts

REGIONAL
Regional traffic increased 14.9 percent on a 17.3 percent increase in capacity compared to September 2016. Load factor decreased 1.6 points to 79.6 percent. Alaska’s regional partners also reported 82.7 percent of its flights arrived on time in September 2017, compared to 90.1 percent in September 2016.

The following table shows regional operational results for September and year-to-date 2017, compared to the prior-year periods:

 

September

Year-to-Date

2017

2016

Change

2017

2016

Change

Revenue passengers (000)

786

800

(1.8)%

7,188

7,105

1.2%

RPMs (000,000)

362

315

14.9%

3,027

2,801

8.1%

ASMs (000,000)

455

388

17.3%

3,772

3,512

7.4%

Passenger load factor

79.6%

81.2%

(1.6) pts

80.2%

79.8%

0.4 pts

On-time arrivals as reported to U.S. DOT

82.7%

90.1%

(7.4) pts

79.4%

87.5%

(8.1) pts

Posted by on October 12, 2017.

Categories: Travel Industry News

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