Alaska Air Group Reports November Operational Results

SEATTLE — Alaska Air Group Inc. (NYSE: ALK) today reported November 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 9.4 percent increase in traffic on a 9.4 percent increase in capacity compared with November 2011. This resulted in a flat year-over-year load factor of 86.4 percent. Alaska also reported 87.3 percent of its flights arrived on time in November, compared with the 84.8 percent reported in November 2011.

HORIZON AIR

Horizon reported an 8.1 percent increase in traffic on a 7.9 percent increase in capacity compared with November 2011. This resulted in a 0.5-point increase in load factor to a record 79.8 percent. Horizon also reported a record 89.8 percent of its flights arrived on time in November, compared with the 88.9 percent reported in November 2011.

The year-to-date decline in capacity and traffic for Horizon from the prior year is due primarily to the completion of Horizon’s transition out of the CRJ-700 regional jet. This transition was completed in June 2011.

AIR GROUP (including flights operated by third parties)

On a combined basis, Air Group reported a 9.3 percent increase in traffic on a 9.1 percent increase in capacity compared with November 2011. This resulted in a 0.2-point increase in load factor to a record 85.8 percent. These statistics include flights operated by Alaska and those under capacity purchase agreements, including Horizon, SkyWest and PenAir.