13 April, 2018

Alaska Air Group reports March 2018 operational results

This week, Alaska Air Group Inc reported its March and year-to-date operational results on a consolidated basis for its mainline operations flown 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.

On Jan. 11, 2018, Alaska and Virgin America consolidated their operations onto a Single Operating Certificate (SOC). Results for Alaska and Virgin America have been combined into a single mainline operation.

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AIR GROUP
On a combined basis for all operations, Air Group reported a 6.5 percent increase in traffic on a 7.2 percent increase in capacity compared to March 2017. Load factor decreased 0.5 points to 84.9 percent.
The following table shows the operational results for March and year-to-date, compared to the prior-year periods:

March

Year-to-Date

2018

2017

Change

2018

2017

Change
Revenue passengers (000)
3,920

3,737

4.9%

10,489

10,008

4.8%
Revenue passenger miles RPM (000,000) "traffic"
4,654

4,369

6.5%

12,403

11,707

5.9%
Available seat miles ASM (000,000) "capacity"
5,485

5,116

7.2%

15,480

14,394

7.5%
Passenger load factor
84.9%

85.4%

(0.5) pts

80.1%

81.3%

(1.2) pts
MAINLINE
Mainline reported a 5.4 percent increase in traffic on a 6 percent increase in capacity compared to March 2017. Load factor decreased 0.5 points to 85.4 percent. Mainline also reported 81.9 percent of its flights arrived on time in March 2018, compared to 75.9 percent reported in March 2017.
Mainline operational results reflect both Alaska and Virgin America combined. The following table shows mainline operational results for March and year-to-date, compared to the prior-year periods:

March

Year-to-Date

2018

2017

Change

2018

2017

Change
Revenue passengers (000)
3,085

2,906

6.2%

8,211

7,774

5.6%
RPMs (000,000)
4,256

4,039

5.4%

11,360

10,827

4.9%
ASMs (000,000)
4,985

4,704

6.0%

14,098

13,260

6.3%
Passenger load factor
85.4%

85.9%

(0.5) pts

80.6%

81.7%

(1.1) pts
On-time arrivals as reported to U.S. DOT
81.9%

75.9%

6.0 pts

84.4%

74.6%

9.8 pts
REGIONAL
Regional traffic increased 20.6 percent on a 21.4 percent increase in capacity compared to March 2017. Load factor decreased 0.4 points to 79.7 percent. Alaska's regional partners also reported 86.7 percent of its flights arrived on time in March 2018, compared to 84.2 percent in March 2017.
The following table shows regional operational results for March and year-to-date, compared to the prior-year periods:

March

Year-to-Date

2018

2017

Change

2018

2017

Change
Revenue passengers (000)
835

831

0.5%

2,278

2,234

2.0%
RPMs (000,000)
398

330

20.6%

1,043

880

18.5%
ASMs (000,000)
500

412

21.4%

1,382

1,134

21.9%
Passenger load factor
79.7%

80.1%

(0.4) pts

75.5%

77.6%

(2.1) pts
On-time arrivals as reported to U.S. DOT
86.7%

84.2%

2.5 pts

86.2%

72.6%

13.6 pts

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