Alaska reported an increase in load factor to 77.0 percent in October 2009, compared to 73.6 percent in October 2008, on a 1.6 percent decline in available seat miles (ASMs) compared to the prior-year period.
Alaska Air Group, Inc. (NYSE: ALK) today reported October operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).
ALASKA AIRLINES
Alaska reported an increase in load factor to 77.0 percent in October 2009, compared to 73.6 percent in October 2008, on a 1.6 percent decline in available seat miles (ASMs) compared to the prior-year period. Alaska also reported that 85.8 percent of its flights arrived on time in October 2009, a 1.4-point increase compared to the 84.4 percent reported in October 2008. The following tables show the operational results for October 2009 and for the first ten months of 2009, compared to the prior-year periods:
October Year-to-Date
------- ------------
2009 2008 Change 2009 2008 Change
---- ---- ------ ---- ---- ------
Revenue passenger
Miles RPMs
(000,000) 1,459 1,417 3.0% 15,271 15,827 (3.5)%
Available seat
Miles ASMs
(000,000) 1,894 1,924 (1.6)% 19,363 20,553 (5.8)%
Passenger load
factor 77.0% 73.6% 3.4pts 78.9% 77.0% 1.9pts
Revenue passengers
(000) 1,230 1,270 (3.2)% 13,026 14,308 (9.0)%
On-time arrivals
as reported to
U.S. DOT 85.8% 84.4% 1.4pts 82.3% 79.8% 2.5pts
October Year-to-Date
------- ------------
2009 2008 Change 2009 2008 Change
---- ---- ------ ---- ---- ------
RPMs (000,000) 203 197 3.2% 2,003 2,271 (11.8)%
ASMs (000,000) 277 277 0.0% 2,747 3,109 (11.6)%
Passenger load
factor 73.4% 71.1% 2.3pts 72.9% 73.1% (0.2)pts
Revenue passengers
(000) 570 579 (1.5)% 5,625 6,333 (11.2)%
On-time arrivals 87.1% 89.4% (2.3)pts 86.5% 85.5% 1.0pts
---------------- ---- ---- -------- ---- ---- ------
