Exhibit 99.2
December 16, 2019
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| | |
| Contact: | | Investor contact: |
| Media Relations | | Emily Halverson |
| (206) 304-0008 | | Director, Investor Relations |
| newsroom@alaskaair.com | | (206) 392-5908 |
Alaska Air Group reports November 2019 operational results
SEATTLE — Alaska Air Group, Inc. (NYSE: ALK) today reported November operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines, Inc. (Alaska) and for its regional flying operated by subsidiary Horizon Air Industries, Inc. (Horizon) and third-party regional carriers.
AIR GROUP
On a combined basis for all operations, Air Group reported a 1.2 percent decrease in traffic on a 2.3 percent increase in capacity compared to November 2018. Load factor decreased 2.9 pts to 81.2 percent.
The following table shows the operational results for November and year-to-date compared to the prior-year periods:
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| | November | | Year-to-Date |
| | 2019 | | 2018 | | Change | | 2019 | | 2018 | | Change |
| Revenue passengers (000) | 3,704 | | 3,676 | | 0.8% | | 42,637 | | 42,105 | | 1.3% |
| Revenue passenger miles RPM (000,000) "traffic" | 4,387 | | 4,440 | | (1.2)% | | 51,126 | | 50,184 | | 1.9% |
| Available seat miles ASM (000,000) "capacity" | 5,403 | | 5,281 | | 2.3% | | 60,936 | | 59,874 | | 1.8% |
| Passenger load factor | 81.2% | | 84.1% | | (2.9) pts | | 83.9% | | 83.8% | | 0.1 pts |
MAINLINE
Mainline reported a 1.7 percent decrease in traffic on a 1.9 percent increase in capacity compared to November 2018. Load factor decreased 2.9 pts to 81.5 percent. Mainline also reported 83.5 percent of its flights arrived on time in November 2019, compared to 80.8 percent reported in November 2018.
The following table shows mainline operational results for November and year-to-date compared to the prior-year periods:
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| | November | | Year-to-Date |
| | 2019 | | 2018 | | Change | | 2019 | | 2018 | | Change |
| Revenue passengers (000) | 2,790 | | 2,813 | | (0.8)% | | 32,459 | | 32,808 | | (1.1)% |
| RPMs (000,000) | 3,943 | | 4,011 | | (1.7)% | | 45,998 | | 45,745 | | 0.6% |
| ASMs (000,000) | 4,841 | | 4,752 | | 1.9% | | 54,588 | | 54,302 | | 0.5% |
| Passenger load factor | 81.5% | | 84.4% | | (2.9) pts | | 84.3% | | 84.2% | | 0.1 pts |
| On-time arrivals as reported to U.S. DOT | 83.5% | | 80.8% | | 2.7 pts | | 80.9% | | 82.7% | | (1.8) pts |
REGIONAL
Regional traffic increased 3.5 percent on a 6.2 percent increase in capacity compared to November 2018. Load factor decreased 2.1 points to 79.0 percent. Alaska's regional partners also reported 84.0 percent of flights arrived on time in November 2019, compared to 78.6 percent in November 2018.
The following table shows regional operational results for November and year-to-date compared to the prior-year periods:
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| | | | | | | | | | | |
| | November | | Year-to-Date |
| | 2019 | | 2018 | | Change | | 2019 | | 2018 | | Change |
| Revenue passengers (000) | 914 | | 863 | | 5.9% | | 10,178 | | 9,297 | | 9.5% |
| RPMs (000,000) | 444 | | 429 | | 3.5% | | 5,128 | | 4,439 | | 15.5% |
| ASMs (000,000) | 562 | | 529 | | 6.2% | | 6,348 | | 5,572 | | 13.9% |
| Passenger load factor | 79.0% | | 81.1% | | (2.1) pts | | 80.8% | | 79.7% | | 1.1 pts |
| On-time arrivals as reported to U.S. DOT | 84.0% | | 78.6% | | 5.4 pts | | 83.9% | | 83.4% | | 0.5 pts |
Alaska Airlines and its regional partners fly 46 million guests a year to more than 115 destinations with an average of 1,300 daily flights across the United States and to Mexico, Canada and Costa Rica. With Alaska and Alaska Global Partners, guests can earn and redeem miles on flights to more than 800 destinations worldwide. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers in North America" in the J.D. Power North America Airline Satisfaction Study for 12 consecutive years from 2008 to 2019. Learn about Alaska's award-winning service at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).
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