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Alaska Air Group (ALK) Sept. Traffic Increases 0.6%, Capacity Up 3.2%

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October 12, 2018 6:16 AM EDT
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 subsidiary Alaska Airlines, Inc. (Alaska) and for its regional flying operated by subsidiary Horizon Air Industries, Inc. (Horizon) and third-party regional carriers SkyWest Airlines and Peninsula Airlines.
On January 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.
AIR GROUP
On a combined basis for all operations, Air Group reported a 0.6 percent increase in traffic on a 3.2 percent increase in capacity compared to September 2017. Load factor decreased 2.1 points to 80.8 percent.
The following table shows the operational results for September and year-to-date compared to the prior-year periods:
September
Year-to-Date
2018
2017
Change
2018
2017
Change
Revenue passengers (000)
3,579
3,541
1.1%
34,685
33,038
5.0%
Revenue passenger miles RPM (000,000) "traffic"
4,186
4,162
0.6%
41,272
39,072
5.6%
Available seat miles ASM (000,000) "capacity"
5,183
5,021
3.2%
49,256
46,169
6.7%
Passenger load factor
80.8%
82.9%
(2.1) pts
83.8%
84.6%
(0.8) pts
MAINLINE
Mainline reported a 0.3 percent decrease in traffic on a 2.4 percent increase in capacity compared to September 2017. Load factor decreased 2.2 points to 81 percent. Mainline also reported 85.2 percent of its flights arrived on time in September 2018, compared to 83.9 percent reported in September 2017.
Mainline operational results reflect both Alaska and Virgin America combined. The following table shows mainline operational results for September and year-to-date compared to the prior-year periods:
September
Year-to-Date
2018
2017
Change
2018
2017
Change
Revenue passengers (000)
2,755
2,755
—%
27,107
25,850
4.9%
RPMs (000,000)
3,789
3,800
(0.3)%
37,677
36,045
4.5%
ASMs (000,000)
4,676
4,566
2.4%
44,730
42,397
5.5%
Passenger load factor
81.0%
83.2%
(2.2) pts
84.2%
85.0%
(0.8) pt
On-time arrivals as reported to U.S. DOT
85.2%
83.9%
1.3 pts
83.2%
78.0%
5.2 pts
REGIONAL
Regional traffic increased 9.7 percent on an 11.4 percent increase in capacity compared to September 2017. Load factor decreased 1.4 points to 78.2 percent. Alaska's regional partners also reported 83.4 percent of its flights arrived on time in September 2018, compared to 82.7 percent in September 2017.
The following table shows regional operational results for September and year-to-date compared to the prior-year periods:
September
Year-to-Date
2018
2017
Change
2018
2017
Change
Revenue passengers (000)
824
786
4.8%
7,578
7,188
5.4%
RPMs (000,000)
397
362
9.7%
3,595
3,027
18.8%
ASMs (000,000)
507
455
11.4%
4,526
3,772
20.0%
Passenger load factor
78.2%
79.6%
(1.4) pts
79.4%
80.2%
(0.8) pts
On-time arrivals as reported to U.S. DOT
83.4%
82.7%
0.7 pts
84.5%
79.4%
5.1 pts
Alaska Airlines and its regional partners fly 44 million guests a year to more than 115 destinations with an average of 1,200 daily flights across the United States and to Mexico, Canada and Costa Rica. With Alaska and Alaska Global Partners, guests can earn and redeem miles on flights to more than 900 destinations worldwide. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers in North America" in the J.D. Power North America Airline Satisfaction Study for 11 consecutive years from 2008 to 2018. Learn about Alaska's award-winning service at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

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