Alaska Airlines Boeing 737-890 N562AS
Author: Cubbie_n_Vegas from Las Vegas, USA

Alaska Air Group Inc. (NYSE: ALK) today reported August operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below.

ALASKA AIRLINES – MAINLINE

Alaska reported an 8.1 percent increase in traffic on a 7.4 percent increase in capacity compared to August 2011. This resulted in a 0.6-point increase in load factor to an all-time monthly record of 88.9 percent. Alaska also reported 89.3 percent of its flights arrived on time in August, compared to the 90.8 percent reported in August 2011.

The following table shows Alaska’s operational results for August and year-to-date 2012, compared to the prior-year periods:

August Year-to-Date
2012 2011 Change 2012 2011 Change
Revenue passengers (in thousands) 1,756 1,698 3.4% 12,552 12,033 4.3%
Revenue passenger miles RPM (in millions) 2,276 2,105 8.1% 16,452 15,204 8.2%
Available seat miles
ASM (in millions)
2,561 2,385 7.4% 18,864 17,838 5.8%
Passenger load factor 88.9% 88.3% 0.6 pts 87.2% 85.2% 2.0 pts
On-time arrivals as reported to U.S. DOT 89.3% 90.8% (1.5) pts 87.9% 88.1% (0.2) pts

HORIZON AIR

Horizon reported aĀ 5.2 percentĀ increaseĀ in traffic on aĀ 5.2 percentĀ increaseĀ in capacity compared toĀ August 2011. This resulted in aĀ 0.1-pointĀ increaseĀ in load factor to anĀ AugustĀ recordĀ 83.1 percent. Horizon also reported a recordĀ 93.9 percentĀ of its flights arrived on time inĀ August, compared to theĀ 92.7 percentĀ reported inĀ August 2011.

The following table shows Horizon’s operational results forĀ AugustĀ and year-to-dateĀ 2012, compared to the prior-year periods:

August Year-to-Date
2012 2011 Change 2012 2011 Change
Revenue passengers (in thousands) 636 610 4.3% 4,506 4,492 0.3%
RPMs (in millions) 201 191 5.2% 1,391 1473 (5.6%)
ASMs (in millions) 242 230 5.2% 1,777 1,893 (6.1)%
Passenger load factor 83.1% 83.0% 0.1 pts 78.3% 77.8% 0.5 pts
On-time arrivals 93.9% 92.7% 1.2 pts 91.6% 83.9% 7.7 pts

The year-to-date decline in capacity and traffic for Horizon from the prior year is due primarily to the

completion of Horizon’s transition out of the CRJ-700 regional jet. This transition was completed in June 2011.

Ā AIR GROUP (including flights operated by third parties)
On a combined basis, Air Group reported aĀ 7.8 percentĀ increaseĀ in traffic on aĀ 7.1 percentĀ increasein capacity compared toĀ August 2011. This resulted in aĀ 0.6-pointĀ increaseĀ in load factor to a record88.4 percent. These statistics include flights operated by Alaska and those under capacity purchase agreements, including Horizon, SkyWest and PenAir.

The following table shows the operational results forĀ AugustĀ and year-to-dateĀ 2012, compared to the prior-year periods:

July Year-to-Date
2012 2011 Change 2012 2011 Change
Revenue passengers (in thousands) 2,448 2,358 3.8% 17,455 16,689 4.6%
RPMs (in millions) 2,524 2,342 7.8% 18,178 16,842 7.9%
ASMs (in millions) 2,855 2,666 7.1% 21,030 19,927 5.5%
Passenger load factor 88.4% 87.8% 0.6 pts 86.4% 84.5% 1.9 pts