Alaska Air Group reports operating profit growth in 2016

Alaska Air Group revenue up 11% - financial highlights:

• Three months ended 31-Dec-2016:
• • Total operating revenue: USD1524 million, +11% year-on-year;
  • • Passenger: USD1288 million, +9%;
    • Freight and mail: USD26 million, +4%;
  • Total operating costs: USD1283 million, +14%;
  • • Labour: USD374 million, +13%;
    • Fuel: USD238 million, +12%;
  • Operating profit: USD241 million, -5%;
  • Net profit: USD114 million, -40%;
  • Passenger numbers: 8752 million, +10.4%;
  • Passenger load factor: 84.5%, +2.0 ppts;
  • Yield: USD 13.36 cents, -3.3%;
  • Passenger revenue per ASM: USD 11.29 cents, -0.9%;
  • Revenue per ASM: USD 13.36 cents, +0.3%;
  • Cost per ASM excl fuel and special items: USD 8.45 cents, -0.4%;
• 12 months ended 31-Dec-2016:
• • Total operating revenue: USD5931 million, +6%;
  • • Passenger: USD5006 million, +4%;
    • Freight and mail: USD108 million, stable;
  • Total operating costs: USD4582 million, +7%;
  • • Labour: USD1382 million, +10%;
    • Fuel: USD831 million, -13%;
  • Operating profit: USD1349 million, +4%;
  • Net profit: USD814 million, -4%;
  • Passengers: 34.3 million, +7.5%;
  • Passenger load factor: 84.3%, +0.2 ppt;
  • Yield: USD 13.45 cents, -5.7%;
  • Passenger revenue per ASM: USD 11.34 cents, -5.6%;
  • Revenue per ASM: USD 13.44 cents, -4.2%;
  • Cost per ASM excl fuel and special items: USD 8.23 cents, -0.8%;
  • Total assets: USD9977 million;
  • Cash and marketable securities: USD1580 million;
  • Total liabilities: USD7046 million. [more - original PR]