How Did Alaska Air Perform Operationally In October?
After reportinmg a strong September quarter in terms of growth in operating revenues, Alaska Air saw its key metric for the month of October improve. Keeping with the company guidance to increase capacity by 10% in the year, the carrier saw its capacity rise 3.2%, bringing the year to date capacity to 9.9%. This makes the low cost carrier the only player in the industry continuing to expand its capacity, even in the face of pressure on unit revenues. Alaska’s passenger traffic continued to impress at 5.5% growth, while the occupancy rate rose almost 2 percentage points to 84.2%. However, Alaska’s unit revenues are expected to remain in the negative territory, at -8%, for the full year, correcting itself the middle of next year, as macroeconomic conditions all over the world improve, and it completes its merger with Virgin America.
See Our Complete Analysis For Alaska Air Here
- Should You Pick Alaska Airlines Stock At $45 After Q1 Beat?
- Should You Pick Alaska Air Stock At $37 After Q4 Beat?
- Will Alaska Air Stock Rebound To Its Pre-Inflation Shock Highs of $70?
- What’s Next For Alaska Air Stock After A 24% Fall This Year And A Downbeat Q3?
- Which Is A Better Pick – Alaska Air Or UAL Stock?
- What’s In The Cards For Alaska Air’s Q2?
Have more questions about Alaska Air (NYSE:ALK)? See the following links:
- Alaska Air Reports A Solid September Quarter On The Back Of Continued Capacity Expansion
- Alaska Air Q3’16 Earnings Preview: Continued Capacity Growth, Higher Unit Costs To Weigh On Earnings
- How Did Alaska Air Perform Operationally In September?
- Why Has Alaska Air’s Stock Price Fallen 20% Since The Beginning Of The Year?
- Will The Alaska Air-Virgin America Deal Get Delayed?
- Why Are The Air Fares Offered By The U.S. Airlines Falling?
- How Did Alaska Air Perform Operationally In August?
- What Is The Role Of Passenger Airlines In The Air Cargo Industry?
- Why Have We Revised Alaska Air’s Price Estimate To $69 Per Share?
- Alaska Air Reports Another Strong Quarter Backed By Rapid Capacity Growth And Lower Fuel Costs
- Alaska Air Q2’16 Earnings Preview: Capacity Growth, Fiscal Discipline To Support Earnings
- How Will The Virgin America Deal Impact Alaska Air’s Share Repurchase Program?
- Will Alaska Air-Virgin America Face Antitrust Issues?
- How Will The Virgin America Merger Impact Alaska Air’s Cost Of Capital?
- How Will Alaska Air’s Market Share Change Post The Virgin America Deal?
- Why Is Alaska Air Acquiring Virgin America?
- How Will Alaska Air Benefit From The Virgin America Deal Operationally?
- How Will The Expected Return On The Alaska Air-Virgin America Merger Compare With The Previous Deals In The Sector?
- How Will The Virgin America Deal Alter Alaska Air’s Capital Structure?
- Has Alaska Air Paid A Fair Price For Acquiring Virgin America?
- Alaska Air’s Earnings Rise On The Back Of Rapid Capacity Growth And Lower Fuel Costs
Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Alaska Air Group
View Interactive Institutional Research (Powered by Trefis):
Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap