Alaska Air Group Reports April 2013 Operational Results

Alaska Air Group Inc. (NYSE: ALK) today reported April and year-to-date 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 9.2 percent increase in traffic on a 9.9 percent increase in capacity compared to April 2012. This resulted in a 0.6-point decrease in load factor to 86.8 percent. Alaska also reported 86.8 percent of its flights arrived on time in April, compared to the 90.6 percent reported in April 2012.
The following table shows Alaska's operational results for April and year-to-date 2013, compared to the prior-year periods:

	April									Year-to-Date
	2013			2012			Change			2013			2012			Change
Revenue passengers (in thousands)	1,615			1,514			6.6	%		6,149			5,789			6.2	%
Revenue passenger miles RPM (in millions)	2,168			1,986			9.2	%		8,340			7,623			9.4	%
Available seat miles ASM (in millions)	2,498			2,272			9.9	%		9,701			8,847			9.7	%
Passenger load factor	86.8	%		87.4	%		(0.6) pts			86.0	%		86.2	%		(0.2) pts
On-time arrivals as reported to U.S. DOT	86.8	%		90.6	%		(3.8) pts			87.3	%		86.1	%		1.2  pts

HORIZON AIR
Horizon reported a 5.5 percent increase in April traffic on a 2.1 percent increase in capacity compared to April 2012. This resulted in a 2.5-point increase in load factor to an April record of 78.6 percent. Horizon also reported 89.3 percent of its flights arrived on time in April, compared to the 94.0 percent reported in April 2012.
The following table shows Horizon's operational results for April and year-to-date 2013, compared to the prior-year periods:

	April									Year-to-Date
	2013			2012			Change			2013			2012			Change
Revenue passengers (in thousands)	561			532			5.5	%		2,240			2,114			6.0	%
RPMs (in millions)	170			162			5.5	%		682			644			5.9	%
ASMs (in millions)	217			212			2.1	%		865			846			2.3	%
Passenger load factor	78.6	%		76.1	%		2.5  pts			78.8	%		76.1	%		2.7   pts
On-time arrivals as reported to U.S. DOT	89.3	%		94.0	%		(4.7) pts			89.1	%		89.6	%		(0.5)  pts

AIR GROUP
On a combined basis, Air Group reported an 8.5 percent increase in traffic on an 8.9 percent increase in capacity compared to April 2012. This resulted in a 0.3-point decrease in load factor to 86.1 percent. These statistics include flights operated by Alaska and those under capacity purchase agreements, including Horizon, SkyWest and PenAir.
The following table shows the operational results for April and year-to-date 2013, compared to the prior-year periods:

	April									Year-to-Date
	2013			2012			Change			2013			2012			Change
Revenue passengers (in thousands)	2,218			2,094			5.9	%		8,563			8,089			5.9	%
RPMs (in millions)	2,375			2,189			8.5	%		9,171			8,421			8.9	%
ASMs (in millions)	2,758			2,533			8.9	%		10,741			9,877			8.7	%
Passenger load factor	86.1	%		86.4	%		(0.3)   pts			85.4	%		85.3	%		0.1 pts