Alaska Air Group (ALK) Reports August Traffic Results
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Alaska Air Group Inc. (NYSE: ALK) reported August operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below.
ALASKA AIRLINES - Alaska reported a 7.6% increase in traffic on a 5.4 percent increase in capacity compared to August 2010. This resulted in a 1.8-point increase in load factor to an August record 88.3 percent. Alaska also reported that 90.8 percent of its flights arrived on time in August 2011, compared to the 88.8 percent reported in August 2010.
HORIZON AIR - Horizon reported an 18.5% decline in traffic on a 19.5 percent decline in capacity compared to August 2010. This resulted in a 1.0-point increase in load factor to an August record 82.9 percent. Horizon also reported that 92.7 percent of its flights arrived on time in August 2011, compared to the 80.5 percent reported in August 2010.
On a combined basis, Air Group reported a 6.7% increase in traffic on a 4.4 percent increase in capacity compared to August 2010. This resulted in a 1.9-point increase in load factor to 87.9 percent. These statistics include flights operated by Alaska and Horizon, and those under capacity purchase arrangements with SkyWest and a small third-party carrier in the state of Alaska
ALASKA AIRLINES - Alaska reported a 7.6% increase in traffic on a 5.4 percent increase in capacity compared to August 2010. This resulted in a 1.8-point increase in load factor to an August record 88.3 percent. Alaska also reported that 90.8 percent of its flights arrived on time in August 2011, compared to the 88.8 percent reported in August 2010.
HORIZON AIR - Horizon reported an 18.5% decline in traffic on a 19.5 percent decline in capacity compared to August 2010. This resulted in a 1.0-point increase in load factor to an August record 82.9 percent. Horizon also reported that 92.7 percent of its flights arrived on time in August 2011, compared to the 80.5 percent reported in August 2010.
On a combined basis, Air Group reported a 6.7% increase in traffic on a 4.4 percent increase in capacity compared to August 2010. This resulted in a 1.9-point increase in load factor to 87.9 percent. These statistics include flights operated by Alaska and Horizon, and those under capacity purchase arrangements with SkyWest and a small third-party carrier in the state of Alaska
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