Alaska Air Group Inc. (NYSE: ALK) has reported August and year-to-date 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, the company said.
Air Group´s acquisition of Virgin America took place on Dec. 14, 2016. Operational results below include Virgin America results from pre-acquisition periods for comparison.
On a combined basis for all operations, Air Group reported a 5.8 percent increase in traffic on a 5.5 percent increase in capacity compared to August 2016. Load factor increased 0.4 points to 86.2 percent.
Alaska reported a 6.8 percent increase in traffic on a 6.2 percent increase in capacity compared to August 2016. Load factor increased 0.5 points to 86.7 percent. Alaska also reported 82.8 percent of its flights arrived on time in August 2017, compared to 87.8 percent reported in August 2016.
Virgin America traffic increased 2.7 percent on a 3.0 percent increase in capacity compared to August 2016. Load factor decreased 0.3 points to 85.8 percent. Virgin America also reported 66.7 percent of its flights arrived on time in August 2017, compared to 73.9 percent in August 2016.
Regional traffic increased 7.7 percent on a 6.6 percent increase in capacity compared to August 2016. Load factor increased 0.9 points to 83.4 percent. Regional carriers also reported 76.3 percent of its flights arrived on time in August 2017, compared to 83.1 percent in August 2016.
Alaska Airlines, together with Virgin America and its regional partners, flies 40 million guests a year to 118 destinations with an average of 1,200 daily flights across the United States and to Mexico, Canada, Costa Rica and Cuba. 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 Satisfaction Study for 10 consecutive years from 2008 to 2017. Learn more about Alaska´s award-winning service and unmatched reliability at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines, Virgin America and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).