Alaska Air Group (ALK) Reports Increase in June Traffic
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Alaska Air Group, Inc. (NYSE: ALK) reported June operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).
Alaska reported an 11.5 percent increase in traffic on a 6.4 percent increase in capacity, resulting in a 3.9-point increase in load factor to 84.6 percent. Alaska also reported that 88.9 percent of its flights arrived on time in June 2010, a 4.4-point increase compared to the 84.5 percent reported in June 2009.
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Alaska reported an 11.5 percent increase in traffic on a 6.4 percent increase in capacity, resulting in a 3.9-point increase in load factor to 84.6 percent. Alaska also reported that 88.9 percent of its flights arrived on time in June 2010, a 4.4-point increase compared to the 84.5 percent reported in June 2009.
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