Alaska Airlines

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The airline, a subsidiary of (NYSE: ALK) of Seattle, reportec the number of revenue passengers fell more than 7 percenrto 1.49 million from 1.62 millionn in May 2008. Revenue passenger milea fell nearly 12 percentto 1.3 billion from 1.47 billiob a year earlier and available seat milez fell 6 percent to 1.95 billion from 2.1 billionh in 2008. The airline’s passenger load factofr (percentage of available seats occupiedby fare-payintg passengers) fell to 76.8 percent from 77.8 percenf a year earlier. Its on-time performance rose to 85.7 percenf from 80.4 percent in May 2008.
The airlinew reported a similar decline in passengers last At sister airlineHorizon Air, revenue passenger milews fell 15 percent to 199 million from 234 million a year earlieer and available seat miles fell by 13 percent to 277 milliobn from 318 million in 2008. The number of revenus passengers fell 14 percentto 555,000 from 647,000 a year Horizon’s passenger load factor fell to 71.7 from 73.6 percenft and its on-time performance fell to 87.8 percen t from 88.1 percent a year earlier. Alaska Airlinesa and Horizon Air fly nearly half the passenget trafficat Seattle-Tacoma International Airport.