1-8957 | 91-1292054 | |
(Commission File Number) | (IRS Employer Identification No.) |
19300 International Boulevard, Seattle, Washington | 98188 | |
(Address of Principal Executive Offices) | (Zip Code) |
March 2019 Traffic Press Release dated April 11, 2019 | ||
Investor Update dated April 11, 2019 |
Contact: | Investor contact: | |
Media Relations | Matt Grady | |
(206) 304-0008 | Director, Investor Relations | |
newsroom@alaskaair.com | (206) 392-5382 |
March | Year-to-Date | ||||||||||
2019 | 2018 | Change | 2019 | 2018 | Change | ||||||
Revenue passengers (000) | 3,891 | 3,920 | (0.7)% | 10,417 | 10,489 | (0.7)% | |||||
Revenue passenger miles RPM (000,000) "traffic" | 4,678 | 4,654 | 0.5% | 12,449 | 12,403 | 0.4% | |||||
Available seat miles ASM (000,000) "capacity" | 5,556 | 5,485 | 1.3% | 15,508 | 15,480 | 0.2% | |||||
Passenger load factor | 84.2% | 84.9% | (0.7) pts | 80.3% | 80.1% | 0.2 pts |
March | Year-to-Date | ||||||||||
2019 | 2018 | Change | 2019 | 2018 | Change | ||||||
Revenue passengers (000) | 2,952 | 3,085 | (4.3)% | 7,864 | 8,211 | (4.2)% | |||||
RPMs (000,000) | 4,205 | 4,256 | (1.2)% | 11,172 | 11,360 | (1.7)% | |||||
ASMs (000,000) | 4,974 | 4,985 | (0.2)% | 13,874 | 14,098 | (1.6)% | |||||
Passenger load factor | 84.5% | 85.4% | (0.9) pts | 80.5% | 80.6% | (0.1) pt | |||||
On-time arrivals as reported to U.S. DOT | 81.2% | 81.9% | (0.7) pts | 76.9% | 84.4% | (7.5) pts |
March | Year-to-Date | ||||||||||
2019 | 2018 | Change | 2019 | 2018 | Change | ||||||
Revenue passengers (000) | 939 | 835 | 12.5% | 2,553 | 2,278 | 12.1% | |||||
RPMs (000,000) | 473 | 398 | 18.8% | 1,277 | 1,043 | 22.4% | |||||
ASMs (000,000) | 582 | 500 | 16.4% | 1,634 | 1,382 | 18.2% | |||||
Passenger load factor | 81.3% | 79.7% | 1.6 pts | 78.2% | 75.5% | 2.7 pts | |||||
On-time arrivals as reported to U.S. DOT | 82.4% | 86.7% | (4.3) pts | 77.0% | 86.2% | (9.2) pts |
AIR GROUP - CONSOLIDATED |
Q1 2019 | Q1 2018 | % Change | |||
Revenue passengers (in thousands) | 10,417 | 10,489 | (0.7)% | ||
Traffic (RPMs in millions) | 12,449 | 12,403 | 0.4% | ||
Capacity (ASMs in millions) | 15,508 | 15,480 | 0.2% | ||
Load factor | 80.3% | 80.1% | 0.2 pts |
Q1 2019 Forecast | Q1 2018 | % Change | Prior Guidance March 14, 2019 | ||||
Revenue per ASM (cents) | 12.08¢ - 12.10¢ | 11.84¢ | ~ 2.1% | 11.97¢ - 12.07¢ | |||
Cost per ASM excluding fuel and special items (cents) | 9.06¢ - 9.08¢ | 8.81¢ | ~ 3.0% | 9.16¢ - 9.21¢ | |||
Fuel gallons (000,000) | 199 | 197 | ~ 1.0% | 198 | |||
Economic fuel cost per gallon(a) | $2.13 | $2.14 | ~ (0.5)% | $2.14 |
(a) | Our economic fuel cost per gallon estimate for the first quarter includes the following per-gallon assumptions: crude oil cost – $1.31 ($55 per barrel); refining margin – 62 cents; cost of settled hedges – 2 cents; with the remaining difference due to taxes and other into-plane costs. |
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