Alaska reported an increase in load factor to 83.6 percent in December 2009, compared to 80.7 percent in December 2008, on a 5.0 percent increase in available seat miles (ASMs) compared to the prior-year period.
Alaska Air Group, Inc. (NYSE: ALK) today reported December operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).
ALASKA AIRLINES
Alaska reported an increase in load factor to 83.6 percent in December 2009, compared to 80.7 percent in December 2008, on a 5.0 percent increase in available seat miles (ASMs) compared to the prior-year period. Alaska also reported that 84.0 percent of its flights arrived on time in December 2009, a 25.6-point increase compared to the 58.4 percent reported in December 2008. December 2008's results were negatively impacted by severe winter storms in the Pacific Northwest during the last two weeks of the month. The following tables show the operational results for December 2009 and for the full year 2009, compared to the prior-year periods:
December Year-to-Date
-------- ------------
2009 2008 Change 2009 2008 Change
---- ---- ------ ---- ---- ------
Revenue passenger miles
RPMs (000,000) 1,612 1,483 8.7% 18,362 18,712 (1.9)%
Available seat miles
ASMs (000,000) 1,928 1,837 5.0% 23,144 24,218 (4.4)%
Passenger load factor 83.6% 80.7% 2.9pts 79.3% 77.3% 2.0pts
Revenue passengers (000) 1,318 1,278 3.2% 15,561 16,809 (7.4)%
On-time arrivals as
reported to U.S. DOT 84.0% 58.4% 25.6pts 82.9% 78.3% 4.6pts
---- ---- ------- ---- ---- ------
December Year-to-Date
-------- ------------
2009 2008 Change 2009 2008 Change
---- ---- ------ ---- ---- ------
RPMs (000,000) 211 183 15.1% 2,408 2,635 (8.6)%
ASMs (000,000) 278 251 10.5% 3,292 3,617 (9.0)%
Passenger load factor 75.9% 72.8% 3.1pts 73.1% 72.9% 0.2pts
Revenue passengers
(000) 594 532 11.6% 6,759 7,390 (8.5)%
On-time arrivals 80.7% 53.6% 27.1pts 86.1% 83.1% 3.0pts
---- ---- ------- ---- ---- ------
