SEATTLE - Alaska Air Group Inc. today reported December and full-year operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines Inc. and for its regional flying operated by subsidiary Horizon Air Industries Inc. and third-party regional carriers.

AIR GROUP

On a combined basis for all operations, Air Group reported a 9.4% increase in traffic on a 4.7% increase in capacity compared to December 2018. Load factor increased 3.7 points to 85.9%.

The following table shows the operational results for December and full-year 2019, compared to the prior-year periods:

December			Full-Year
2019	2018	Change		2019	2018	Change
Revenue passengers (000)	4,097	3,696	10.8%		46.733	45.802	2.0%

Revenue passenger miles RPM (000,000) 'traffic'

4,913	4,489	9.4%		56,040	54,673	2.5%

Available seat miles ASM (000,000) 'capacity'

5,717	5,461	4.7%		66,654	65,335	2.0%
Passenger load factor		85.9%	82.2%	3.7 pts		84.1% 3.7%	0.4 pts

MAINLINE

Mainline reported a 9.4% increase in traffic on a 4.9% increase in capacity compared to December 2018. Load factor increased 3.6 points to 86.2%. Mainline also reported 73.8% of its flights arrived on time in December 2019, compared to 81.9% reported in December 2018.

The following table shows mainline operational results for December and full-year 2019, compared to the prior-year periods:

December		Full Year
				2019		2018	Change		2019	2018	Change
Revenue passengers (000)	3,071		2,795	9.9%		35,530	35,603	(0.2)%
RPMs (000,000)		4,414		4,036	9.4%		50,413	49,781	1.3%
ASMs (000,000)		5,122		4,885	4.9%		59,711	59,187	0.9%
Passenger load factor		86.2%		82.6%	3.6 pts		84.4%	84.1%	0.3 pts

On-time arrivals as reported to U.S. DOT

73.8%		81.9%	(8.1) pts	80.3%	82.6%	(2.3) pts

REGIONAL

Regional traffic increased 10.2% on a 3.3% increase in capacity compared to December 2018. Load factor increased 5.3 points to 83.9%. Alaska's regional partners also reported 75.2% of flights arrived on time in December 2019, compared to 78.9% in December 2018.

The following table shows regional operational results for December and full-year 2019, compared to the prior-year periods:

December			Full Year	
2019	2018 	Change		2019	2018	Change
Revenue passengers (000)	1,026	901	13.9%		11,203	10,19	9.8%
RPMs (000,000)		499	453	10.2%		5,627	4,892	15.0%
ASMs (000,000)		595	576	3.3%		6,943	6,148	12.9%
Passenger load factor		83.9%	78.6%	5.3 pts		81.0%	79.6%	1.4 pts

On-time arrivals as reported to U.S. DOT

75.2%	78.9%	(3.7) pts	83.2%	83.0%	0.2 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).

See full release at: https://alaskaairgroupinc.gcs-web.com/news-releases/news-release-details/alaska-air-group-reports-december-2019-and-full-year-operational

SOURCE Alaska Air Group

Media Relations, (206) 304-0008, newsroom@alaskaair.com, or Investor contact: Emily Halverson, Director, Investor Relations, (206) 392-5908

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