EX-99.2 3 ex992februarytrafficreport.htm FEBRUARY 2019 TRAFFIC REPORT Exhibit


Exhibit 99.2
image0a13.jpg
March 14, 2019


Contact:
 
Investor contact:
Media Relations
 
Matt Grady
(206) 304-0008
 
Director, Investor Relations
newsroom@alaskaair.com
 
(206) 392-5382


Alaska Air Group reports February 2019 operational results

SEATTLE — Alaska Air Group, Inc. (NYSE: ALK) today reported February operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines, Inc. (Alaska) and for its regional flying operated by subsidiary Horizon Air Industries, Inc. (Horizon) and third-party regional carriers SkyWest Airlines and Peninsula Airlines, a subsidiary of RAVN Air.

As a result of unusual winter weather in the Pacific Northwest in the month of February, our operation experienced significant challenges. Impacts of the storm are reflected in the operational results as shown below.

AIR GROUP
On a combined basis for all operations, Air Group reported a 2.0 percent decrease in traffic on a 1.9 percent decrease in capacity compared to February 2018. Load factor decreased 0.1 pts to 79.3 percent.

The following table shows the operational results for February and year-to-date compared to the prior-year periods:
 
February
 
Year-to-Date
 
2019
 
2018
 
Change
 
2019
 
2018
 
Change
Revenue passengers (000)
3,130
 
3,229
 
(3.1)%
 
6,526
 
6,571
 
(0.7)%
Revenue passenger miles RPM (000,000) "traffic"
3,702
 
3,778
 
(2.0)%
 
7,772
 
7,750
 
0.3%
Available seat miles ASM (000,000) "capacity"
4,668
 
4,758
 
(1.9)%
 
9,951
 
9,994
 
(0.4)%
Passenger load factor
79.3%
 
79.4%
 
(0.1) pts
 
78.1%
 
77.5%
 
0.6 pts





MAINLINE
Mainline reported a 4.1 percent decrease in traffic on a 3.7 percent decrease in capacity compared to February 2018. Load factor decreased 0.3 pts to 79.4 percent. Mainline also reported 68.0 percent of its flights arrived on time in February 2019, compared to 84.3 percent reported in February 2018.

The following table shows mainline operational results for February and year-to-date compared to the prior-year periods:
 
February
 
Year-to-Date
 
2019
 
2018
 
Change
 
2019
 
2018
 
Change
Revenue passengers (000)
2,370
 
2,531
 
(6.4)%
 
4,912
 
5,126
 
(4.2)%
RPMs (000,000)
3,321
 
3,462
 
(4.1)%
 
6,968
 
7,105
 
(1.9)%
ASMs (000,000)
4,184
 
4,345
 
(3.7)%
 
8,899
 
9,113
 
(2.3)%
Passenger load factor
79.4%
 
79.7%
 
(0.3) pts
 
78.3%
 
78.0%
 
0.3 pts
On-time arrivals as reported to U.S. DOT
68.0%
 
84.3%
 
(16.3) pts
 
74.5%
 
85.7%
 
(11.2) pts

REGIONAL
Regional traffic increased 20.6 percent on a 17.2 percent increase in capacity compared to February 2018. Load factor increased 2.2 points to 78.7 percent. Alaska's regional partners also reported 65.3 percent of flights arrived on time in February 2019, compared to 85.3 percent in February 2018.

The following table shows regional operational results for February and year-to-date compared to the prior-year periods:
 
February
 
Year-to-Date
 
2019
 
2018
 
Change
 
2019
 
2018
 
Change
Revenue passengers (000)
760
 
698
 
8.9%
 
1,614
 
1,445
 
11.7%
RPMs (000,000)
381
 
316
 
20.6%
 
804
 
645
 
24.7%
ASMs (000,000)
484
 
413
 
17.2%
 
1,052
 
881
 
19.4%
Passenger load factor
78.7%
 
76.5%
 
2.2 pts
 
76.4%
 
73.2%
 
3.2 pts
On-time arrivals as reported to U.S. DOT
65.3%
 
85.3%
 
(20.0) pts
 
74.1%
 
85.8%
 
(11.7) pts

Alaska Airlines and its regional partners fly 46 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 and Costa Rica. 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 Airline Satisfaction Study for 11 consecutive years from 2008 to 2018. Learn about Alaska's award-winning service at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

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