Alaska Air Group reports January 2018 operational results
Alaska Air Group Inc. (NYSE: ALK) today reported January 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.
On Jan. 11, 2018, Alaska and Virgin America consolidated their operations onto a Single Operating Certificate (SOC). As a result, operational results for Alaska and Virgin America have been combined into a single mainline operation.
AIR GROUP
On a combined basis for all operations, Air Group reported a 3.5 percent increase in traffic on a 6.6 percent increase in capacity compared to January 2017. Load factor decreased 2.3 points to 75.8 percent.
MAINLINE
Mainline reported a 2.4 percent increase in traffic on a 5.1 percent increase in capacity compared to January 2017. Load factor decreased 2.1 points to 76.4 percent. Mainline also reported 87.1 percent of its flights arrived on time in January 2018, compared to 73.7 percent reported in January 2017.
REGIONAL
Regional traffic increased 17.9 percent on a 24.7 percent increase in capacity compared to January 2017. Load factor decreased 4.1 points to 70.1 percent. Alaska's regional partners also reported 86.3 percent of its flights arrived on time in January 2018, compared to 64.1 percent in January 2017.