Alaska Air Group (ALK) Reports August Traffic Results

September 4, 2008 11:15 AM EDT

Alaska Air Group, Inc. (NYSE: ALK) reported August passenger traffic for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).

Alaska's August traffic decreased 1.0% to 1.793 billion revenue passenger miles (RPMs) from 1.812 billion flown a year earlier. Capacity during August was 2.174 billion available seat miles (ASMs), slightly lower than the 2.175 billion in August 2007.

The passenger load factor (the percentage of available seats occupied by fare-paying passengers) for the month was 82.5%, compared to 83.3% in August 2007. The airline carried 1,619,300 passengers, compared to 1,751,700 in August 2007.

RPMs for the eight-month period totaled 12.980 billion, a 3.6% increase from the 12.526 billion recorded a year earlier. Capacity for the eight months ended August 2008 increased 3.3% to 16.741 billion ASMs, compared to 16.200 billion in 2007.

The passenger load factor for the first eight months of 2008 was 77.5%, compared to 77.3% in 2007. The airline carried 11,742,200 passengers, compared to 11,975,900 in 2007.

Horizon's August traffic decreased 14.7% to 259.6 million RPMs from 304.5 million flown a year earlier. Capacity for August was 332.2 million ASMs, 12.8% lower than the 381.1 million in August 2007.

Related Categories

Retail Sales

Stocks Mentioned

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?