FEBRUARY 3RD, 2011

Alaska Air Group Reports January Operational Results

SEATTLE, Feb. 2, 2011 /PRNewswire/ — Alaska Air Group, Inc. (NYSE: ALK) today reported January operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).

ALASKA AIRLINES
Alaska reported a 15.8 percent increase in traffic on a 12.4 percent increase in capacity, resulting in a record load factor for January of 80.0 percent. Alaska also reported that 85.3 percent of its flights arrived on time in January, a 0.4-point decrease compared to the 85.7 percent reported in January 2010.

For all of last year, 87.5 percent of Alaska flights arrived on time, leading Flightstats.com to name the airline the No. 1 on-time major carrier in North America for 2010.

HORIZON AIR
Horizon reported a 0.9 percent decline in traffic on a 5.3 percent decline in capacity compared to January 2010, resulting in a 3.2-point increase in load factor to 72.0 percent. Horizon also reported that 77.0 percent of its flights arrived on time in January 2011, a 9.5-point decrease compared to the 86.5 percent reported in January 2010.

Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK), together serve more than 90 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines ranked “Highest in Customer Satisfaction Among Traditional Network Carriers” in the J.D. Power and Associates 2008, 2009 and 2010 North America Airline Satisfaction Studies(SM). For reservations, visit alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at alaskaair.com/newsroom

SOURCE Alaska Air Group, Inc.


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