ALASKA AIR GROUP REPORTS FEBRUARY TRAFFIC.SEATTLE--(BUSINESS WIRE)--March 5, 1997--Alaska Air Group, Inc. (NYSE NYSE See: New York Stock Exchange ) today reported February February: see month. passenger traffic for its subsidiaries, Alaska Airlines Alaska Airlines, (NYSE: ALK) is an airline based in Seattle, Washington, United States. It operates hubs at Seattle-Tacoma International Airport, Ted Stevens Anchorage International Airport, Los Angeles International Airport, and Portland International Airport. and Horizon Air. ALASKA AIRLINES Alaska Airlines announced its highest February load factor ever, 65.3 percent. This compares to a load factor of 59.2 percent in February 1996 and the previous record of 60.3 percent established in February 1994. Alaska Alaska (əlă`skə), largest in area of the United States but third smallest (exceeding only Vermont and Wyoming) in population, occupying the northwest extremity of the North American continent, separated from the coterminous United States Airlines' February traffic increased 10.7 percent to 727 million revenue passenger miles Revenue passenger miles (RPMs) is a measure of a passenger traffic for an airline flight, bus, or train calculated by multiplying the total number of revenue-paying passengers aboard the vehicle by the distance traveled measured in miles. (RPMs) from 657 million flown a year earlier. Capacity during February was 1.115 billion available seat miles Available seat miles (ASM) is a measure of an airline flight's passenger carrying capacity. It is equal to the number of seats available multiplied by the number of miles flown. This measures an airlines capacity for transporting passengers. (ASMs), 0.3 percent higher than the 1.111 billion in February 1996. The airline carried 862,600 passengers compared to 808,200 in February 1996. Revenue passenger miles for the two-month period totaled 1.449 billion, a 12.3 percent increase from the 1.290 billion recorded a year earlier. Capacity for the two months ended February 1997 increased 1.7 percent to 2.320 billion ASMs, up from 2.281 billion in 1996. The passenger load factor for the first two months of 1997 was 62.5 percent, up from 56.6 percent in 1996. The airline carried 1,718,800 passengers, compared to 1,574,900 in 1996. HORIZON AIR Horizon Air's February traffic decreased 6.7 percent to 64 million RPMs from 69 million flown a year earlier. Capacity for February was 108 million ASMs, 5.4 percent lower than last year's 114 million. The passenger load factor for the month was 59.6 percent, compared to 60.4 percent last February. The airline carried 268,700 passengers compared to 300,700 in February 1996. Revenue passenger miles for the two-month period totaled 132 million, a 2.4 percent decrease from the 135 million recorded a year earlier. Capacity for the two months ended February 1997 decreased 2 percent to 227 million ASMs, down from 231 million in 1996. The passenger load factor for the first two months of 1997 was 58.1 percent, down from 58.4 percent for 1996. The airline carried 555,600 passengers, compared to 587,500 for the same period in 1996. CONTACT: Alaska Air Group Lou Cancelmi, 206/433-3170 |
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