Alaska Air Group reports June operational results

Alaska Air Group Inc. (NYSE: ALK) has reported June 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 an 8.3 percent increase in traffic on a 6.9 percent increase in capacity compared to June 2016. Load factor increased 1.0 point to 87.3 percent.

Alaska reported an 8.7 percent increase in traffic on a 7.5 percent increase in capacity compared to June 2016. Load factor increased 1.0 point to 87.6 percent. Alaska also reported 82.9 percent of its flights arrived on time in June 2017, compared to 86.5 percent reported in June 2016.

Virgin America traffic increased 5.6 percent on a 4.2 percent increase in capacity compared to June 2016. Load factor increased 1.2 points to 88.2 percent. Virgin America also reported 67.1 percent of its flights arrived on time in June 2017, compared to 72.5 percent in June 2016.

Regional traffic increased 13.1 percent on a 10.7 percent increase in capacity compared to June 2016. Load factor increased 1.9 points to 83 percent. Regional also reported 79.8 percent of its flights arrived on time in June 2017, compared to 84.6 percent in June 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.