Alaska Air Group Reports March 2014 Operational Results

SEATTLE — Alaska Air Group Inc. (NYSE: ALK) today reported March and year-to-date operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below.

ALASKA AIRLINES – MAINLINE
Alaska reported a 4.0 percent increase in traffic on a 4.6 percent increase in capacity compared to March 2013. This resulted in a 0.6 point decrease in load factor to 87.7 percent. Alaska also reported a record 88.1 percent of its flights arrived on time in March, compared to the 85.5 percent reported in March 2013.

HORIZON AIR
Horizon reported a 1.6 percent increase in March traffic on a 2.6 percent increase in capacity compared to March 2013. This resulted in a 1.0 point decrease in load factor to 79.9 percent. Horizon also reported 85.4 percent of its flights arrived on time in March, compared to the 90.0 percent reported in March 2013.

AIR GROUP
On a combined basis, Air Group reported a 4.7 percent increase in traffic on a 5.4 percent increase in capacity compared to March 2013. This resulted in a 0.6 point decrease in load factor to 87.1 percent. These statistics include flights operated by Alaska and those under capacity purchase agreements, including Horizon, SkyWest and PenAir.