Alaska Air Group (ALK) Reports December Operating Results
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Alaska Air Group, Inc. (NYSE: ALK) reported December operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).
ALASKA AIRLINES
Alaska reported a 13.3% increase in traffic on a 10.7% increase in capacity, resulting in a 2.0-point increase in load factor to 85.6%. Alaska also reported that 80.9% of its flights arrived on time in December 2010, a 3.1-point decrease compared to the 84.0% reported in December 2009.
HORIZON AIRLINES
Horizon reported a 2.4% decline in traffic on a 5.8% decline in capacity compared to December 2009, resulting in a 2.7-point increase in load factor to 78.6%. Horizon also reported that 67.6% of its flights arrived on time in December 2010, a 13.1-point decrease compared to the 80.7% reported in December 2009.
ALASKA AIRLINES
Alaska reported a 13.3% increase in traffic on a 10.7% increase in capacity, resulting in a 2.0-point increase in load factor to 85.6%. Alaska also reported that 80.9% of its flights arrived on time in December 2010, a 3.1-point decrease compared to the 84.0% reported in December 2009.
HORIZON AIRLINES
Horizon reported a 2.4% decline in traffic on a 5.8% decline in capacity compared to December 2009, resulting in a 2.7-point increase in load factor to 78.6%. Horizon also reported that 67.6% of its flights arrived on time in December 2010, a 13.1-point decrease compared to the 80.7% reported in December 2009.
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