20-Dec-2010 1:29 PM
Alaska Air Group RASM up 5% in Nov-2010
Alaska Air Group released (17-Dec-2010) the following additional performance results for Nov-2010 and forecast for 4Q2010:
- Nov-2010:
- Revenue per ASM: USD 13.68 cents, +4.7% year-on-year;
- Alaska Airlines: USD 12.47 cents, +5.1%;
- Horizon Air: USD 22.20 cents, +5.8%;
- Passenger revenue per ASM: USD 12.45 cents, +5.8%;
- Alaska Airlines: USD 11.19 cents, +6.6%;
- Horizon Air*: USD 23.56 cents, +11.4%;
- Revenue per ASM: USD 13.68 cents, +4.7% year-on-year;
- 4Q2010 forecast:
- Capacity (ASMs): 7020 million, +8% year-on-year;
- Alaska Airlines: 6230 million, +10%;
- Horizon Air: 775 million, -6%;
- Cost per ASM excl fuel: USD 8.85 to USD8.90 cents, -6% to -7%;
- Alaska Airlines: USD 7.80 cents to USD 7.90 cents, -7% to -8%;
- Horizon Air: USD 16.65 cents to USD 16.75 cents +5%;
- Capacity (ASMs): 7020 million, +8% year-on-year;
- FY2010 forecast:
- Capacity (ASMs): 27,730 million, +4.5%;
- Alaska Airlines: USD 24,430 million, +5.5%;
- Horizon Air: 3235 million, -2%;
- Cost per ASM excl fuel: USD 8.80 cents to USD 8.82 cents, -3% to -4%;
- Alaska Airlines: USD 7.86 cents to USD 7.88 cents, -5%;
- Horizon Air: USD 15.45 cents to USD 15.50 cents, +1%;
- Capacity (ASMs): 27,730 million, +4.5%;
- Capital expenditure: USD211 million;
-
- Alaska Airlines: USD186 million;
Horizon Air: USD25 million;
- Alaska Airlines: USD186 million;
- Aircraft related: USD146 million;
- Alaska Air: 126 million;
- Horizon Air: USD20 million;
- Non-aircraft: USD65 million;
- Alaska Airlines: USD60 million;
- Horizon Air: USD5 million;
-
- Aircraft deliveries: 21;
- 2011: 11;
- 2012: 4;
- 2013: 2;
- 2014: 2;
- Beyond 2014: 2.
- Fuel hedging:
- 4Q2010: 50% of expected fuel requirements at USD83 weighted average crude oil per barrel and USD11 average premium cost per barrel;
- FY2011: 50% at USD86 and USD11;
- FY2012: 34% at USD88 and USD13;
- FY2013: 8% at USD86 and USD14. [more]
*Brand flying