Alaska Air Group reports July 2017 operational results
09-Aug-2017 Alaska Air Group Inc. (NYSE: ALK) today reported July and year-to-date operational results on a consolidated basis, for its mainline operations operated by subsidiaries Alaska Airlines, Inc. (Alaska) and Virgin America, Inc. (Virgin America), and for its regional flying operated by subsidiary Horizon Air Industries, Inc. (Horizon) and third-party regional carriers SkyWest Airlines and Peninsula Airlines.
Air Group's acquisition of Virgin America took place on Dec. 14, 2016. Operational results below include Virgin America results from pre-acquisition periods for comparison.
AIR GROUP
On a combined basis for all operations, Air Group reported a 6.6 percent increase in traffic on a 6.4 percent increase in capacity compared to July 2016. Load factor increased 0.2 points to 87.0 percent.
The following table shows the operational results for July and year-to-date, compared to the prior-year periods(1):
|
ALASKA
Alaska reported a 7.8 percent increase in traffic on a 7.0 percent increase in capacity compared to July 2016. Load factor increased 0.6 points to 87.8 percent. Alaska also reported 85.7 percent of its flights arrived on time in July 2017, compared to 89.4 percent reported in July 2016.
The following table shows Alaska's operational results for July and year-to-date, compared to the prior-year periods:
July |
Year-to-Date |
||||||||||
2017 |
2016 |
Change |
2017 |
2016 |
Change |
||||||
Revenue passengers (000) |
2,445 |
2,293 |
6.6% |
15,211 |
14,218 |
7.0% |
|||||
RPMs (000,000) |
3,292 |
3,055 |
7.8% |
20,607 |
19,227 |
7.2% |
|||||
ASMs (000,000) |
3,748 |
3,502 |
7.0% |
24,092 |
22,731 |
6.0% |
|||||
Passenger load factor |
87.8% |
87.2% |
0.6 pts |
85.5% |
84.6% |
0.9 pts |
|||||
On-time arrivals as reported to U.S. DOT |
85.7% |
89.4% |
(3.7) pts |
81.3% |
88.3% |
(7.0) pts |
VIRGIN AMERICA
Virgin America traffic increased 2.4 percent on a 3.2 percent increase in capacity compared to July 2016. Load factor decreased 0.7 points to 86.4 percent. Virgin America also reported 75.8 percent of its flights arrived on time in July 2017, compared to 75.5 percent in July 2016.
The following table shows Virgin America operational results for July and year-to-date, compared to the prior-year periods:
July |
Year-to-Date |
||||||||||
2017 |
2016 |
Change |
2017 |
2016 |
Change |
||||||
Revenue passengers (000) |
763 |
758 |
0.7% |
4,729 |
4,611 |
2.6% |
|||||
RPMs (000,000) |
1,193 |
1,165 |
2.4% |
7,239 |
6,945 |
4.2% |
|||||
ASMs (000,000) |
1,381 |
1,338 |
3.2% |
8,638 |
8,291 |
4.2% |
|||||
Passenger load factor |
86.4% |
87.1% |
(0.7) pts |
83.8% |
83.8% |
- |
|||||
On-time arrivals as reported to U.S. DOT |
75.8% |
75.5% |
0.3 pts |
65.8% |
76.1% |
(10.3) pts |
Regional traffic increased 11.5 percent on an 11.6 percent increase in capacity compared to July 2016. Load factor decreased 0.1 points to 82.0 percent. Regional also reported 82.9 percent of its flights arrived on time in July 2017, compared to 86.0 percent in July 2016.
The following table shows regional operational results for July and year-to-date, compared to the prior-year periods:
July |
Year-to-Date |
||||||||||
2017 |
2016 |
Change |
2017 |
2016 |
Change |
||||||
Revenue passengers (000) |
867 |
858 |
1.0% |
5,552 |
5,416 |
2.5% |
|||||
RPMs (000,000) |
379 |
340 |
11.5% |
2,288 |
2,136 |
7.1% |
|||||
ASMs (000,000) |
462 |
414 |
11.6% |
2,866 |
2,700 |
6.1% |
|||||
Passenger load factor |
82.0% |
82.1% |
(0.1) pts |
79.8% |
79.1% |
0.7 pts |
|||||
On-time arrivals as reported to U.S. DOT |
82.9% |
86.0% |
(3.1) pts |
79.3% |
87.8% |
(8.5) pts |