Alaska Air Group reports November 2018 operational results


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SEATTLE, Dec. 14, 2018 /PRNewswire/ -- Alaska Air Group Inc. today reported November and year-to-date operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines Inc. and for its regional flying operated by subsidiary Horizon Air Industries Inc. and third-party regional carriers SkyWest Airlines and Peninsula Airlines.

On Jan. 11, 2018, Alaska and Virgin America consolidated their operations onto a Single Operating Certificate. Results for Alaska and Virgin America have been combined into a single mainline operation.

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AIR GROUP
On a combined basis for all operations, Air Group reported a 1.0 percent increase in traffic on a 1.2 percent increase in capacity compared to November 2017. Load factor decreased 0.1 point to 84.1 percent.

The following table shows the operational results for November and year-to-date, compared to the prior-year periods:


November


Year-to-Date


2018


2017


Change


2018


2017


Change

Revenue passengers (000)

3,676


3,627


1.4%


42,105


40,288


4.5%

Revenue passenger miles RPM (000,000) "traffic"

4,440


4,394


1.0%


50,184


47,832


4.9%

Available seat miles ASM (000,000) "capacity"

5,281


5,216


1.2%


59,874


56,596


5.8%

Passenger load factor

84.1%


84.2%


(0.1) pts


83.8%


84.5%


(0.7) pts

MAINLINE
Mainline reported a 0.6 percent decrease in traffic on a 0.3 percent decrease in capacity compared to November 2017. Load factor decreased 0.3 points to 84.4 percent. Mainline also reported 81 percent of its flights arrived on time in November 2018, compared to 81.5 percent reported in November 2017.

Mainline operational results reflect both Alaska and Virgin America combined. The following table shows mainline operational results for November and year-to-date, compared to the prior-year periods:


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November


Year-to-Date


2018


2017


Change


2018


2017


Change

Revenue passengers (000)

2,813


2,851


(1.3)%


32,808


31,564


3.9%

RPMs (000,000)

4,011


4,034


(0.6)%


45,745


44,087


3.8%

ASMs (000,000)

4,752


4,764


(0.3)%


54,302


51,923


4.6%

Passenger load factor

84.4%


84.7%


(0.3) pts


84.2%


84.9%


(0.7) pts

On-time arrivals as reported to U.S. DOT

80.8%


81.5%


(0.7) pts


82.7%


78.7%


4.0 pts

REGIONAL
Regional traffic increased 19.2 percent on a 17.0 percent increase in capacity compared to November 2017. Load factor increased 1.5 points to 81.1 percent. Alaska's regional partners also reported 78.6 percent of its flights arrived on time in November 2018, compared to 85.1 percent in November 2017.

The following table shows regional operational results for November and year-to-date compared, to the prior-year periods:


November


Year-to-Date


2018


2017


Change


2018


2017


Change

Revenue passengers (000)

863


776


11.2%


9,297


8,724


6.6%

RPMs (000,000)

429


360


19.2%


4,439


3,745


18.5%

ASMs (000,000)

529


452


17.0%


5,572


4,673


19.2%

Passenger load factor

81.1%


79.6%


1.5 pts


79.7%


80.1%


(0.4) pts

On-time arrivals as reported to U.S. DOT

78.6%


85.1%


(6.5) pts


83.4%


87.6%


(4.2) 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).

 

View original content:http://www.prnewswire.com/news-releases/alaska-air-group-reports-november-2018-operational-results-300765532.html

SOURCE Alaska Air Group Inc.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: Press ReleasesAirlines/AviationPassenger AviationSales Reports