Load factor slips at Alaska Air Group in March

admin
By admin April 2, 2015 20:47

Load factor slips at Alaska Air Group in March

Alaska Air Group has reported March and year-to-date operational results for its subsidiaries, Alaska Airlines and Horizon Air.

On a combined basis, Air Group reported an 11.2% increase in traffic on a 12.4% increase in capacity compared to March 2014. This resulted in a 1.0 point decrease in load factor to 86.1%. These statistics include flights operated by Alaska and those under capacity purchase agreements, including Horizon, SkyWest and PenAir.

Alaska reported an 11.6% increase in traffic on a 13.2% increase in capacity compared to March 2014. This resulted in a 1.2 point decrease in load factor to 86.5%. Alaska also reported 85.6% of its flights arrived on time in March, compared to the 88.2% reported in March 2014.

Horizon reported a 7% increase in March traffic on a 5.1% increase in capacity compared to March 2014. This resulted in a 1.4 point increase in load factor to a March record of 81.3%. Horizon also reported 85.9% of its flights arrived on time in March, compared to the 85.4% reported in March 2014.

Delta Air Lines has reported consolidated passenger unit revenue (PRASM) for the month of March as flat year over year, as domestic strength offset pressure in international markets, predominantly from currency fluctuations, which reduced system PRASM by 1.5 points.  Domestic PRASM grew 2.5% for the month.

The company spent an estimated $2.90-$2.95 per gallon on fuel (including hedging activity) in March vs. $2.62 in Q4.

admin
By admin April 2, 2015 20:47