Saturday, 13 January 2018

Alaska Air Group reports December 2017 and full-year operational results


Earlier this week, Alaska Air Group, Inc. reported December and full-year 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.
Expedia.com

AIR GROUPOn a combined basis for all operations, Air Group reported a 9.2 percent increase in traffic on a 10.3 percent increase in capacity compared to December 2016. Load factor decreased 0.8 points to 82.3 percent.
The following table shows the operational results for December and full-year 2017, compared to the prior-year periods(1):

December

Full-Year

2017

2016

Change

2017

2016

Change
Revenue passengers (000)
3,719

3,509

6.0%

44,034

41,947

5.0%
Revenue passenger miles RPM (000,000) "traffic"
4,505

4,125

9.2%

52,337

48,754

7.3%
Available seat miles ASM (000,000) "capacity"
5,475

4,962

10.3%

62,070

57,953

7.1%
Passenger load factor
82.3%

83.1%

(0.8) pts

84.3%

84.1%

0.2 pts

(1)     2016 information has been adjusted to include Virgin America operating results for comparison.
ALASKAAlaska reported a 7.3 percent increase in traffic on an 8.4 percent increase in capacity compared to December 2016. Load factor decreased 0.9 points to 84.1 percent. Alaska also reported 83.4 percent of its flights arrived on time in December 2017, compared to 76.1 percent reported in December 2016.
The following table shows Alaska's operational results for December and full-year 2017, compared to the prior-year periods:

December

Full Year

2017

2016

Change

2017

2016

Change
Revenue passengers (in thousands)
2,202

2,052

7.3%

26,111

24,421

6.9%
RPMs (in millions)
3,011

2,806

7.3%

35,300

32,859

7.4%
ASMs (in millions)
3,579

3,302

8.4%

41,464

38,715

7.1%
Passenger load factor
84.1%

85.0%

(0.9) pts

85.1%

84.9%

0.2 pts
On-time arrivals as reported to U.S. DOT(1)
83.4%

76.1%

7.3 pts

82.6%

87.3%

(4.7) pts
VIRGIN AMERICAVirgin America traffic increased 12.3 percent on a 12.7 percent increase in capacity compared to December 2016. Load factor decreased 0.3 points to 78.9 percent. Virgin America also reported 82.5 percent of its flights arrived on time in December 2017, compared to 70.2 percent in December 2016.
The following table shows Virgin America operational results for December and full-year 2017, compared to the prior-year periods:

December

Full Year

2017

2016

Change

2017

2016

Change
Revenue passengers (in thousands)
745

675

10.4%

8,428

8,073

4.4%
RPMs (in millions)
1,138

1,013

12.3%

12,936

12,175

6.3%
ASMs (in millions)
1,442

1,279

12.7%

15,479

14,575

6.2%
Passenger load factor
78.9%

79.2%

(0.3) pts

83.6%

83.5%

0.1 pts
On-time arrivals as reported to U.S. DOT
82.5%

70.2%

12.3 pts

70.0%

76.8%

(6.8) pts
REGIONALRegional traffic increased 16.3 percent on a 19.2 percent increase in capacity compared to December 2016. Load factor decreased 1.9 points to 78.4 percent. Alaska's regional partners also reported 80.4 percent of flights arrived on time in December 2017, compared to 61.6 percent in December 2016.
The following table shows regional operational results for December and full-year 2017, compared to the prior-year periods:

December

Full Year

2017

2016

Change

2017

2016

Change
Revenue passengers (in thousands)
772

782

(1.3)%

9,495

9,451

0.5%
RPMs (in millions)
356

306

16.3%

4,101

3,720

10.2%
ASMs (in millions)
454

381

19.2%

5,127

4,661

10.0%
Passenger load factor
78.4%

80.3%

(1.9) pts

80.0%

79.8%

0.2 pts
On-time arrivals(1)
80.4%

61.6%

18.8 pts

80.1%

85.2%

(5.1) pts

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Alaska Airlines, together with Virgin America and its regional partners, flies 40 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, Costa Rica and Cuba. 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 Satisfaction Study for 10 consecutive years from 2008 to 2017. 
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