Alaska plans to boost capacity 2% in 2019

Alaska Air Group—parent of Alaska Airlines and Horizon Air—plans to grow capacity 2% next year and accelerate its expansion rate soon after, but will carefully monitor the competitive environment before making firm commitments, the company’s top executive said. “Next year is 2%, [and] current thinking about 2020 is 4%,” Alaska president and CE Brad Tilden told analysts. “We just need to a get few good quarters under our belt and we will see what late 2020, 2021 look like.” The carrier is projecting a 5.3% change in ASMs in 2018, including a 1.1% increase in Q4. Its long-term target is a 4%-6% annual increase. Alaska also reported encouraging RASM trends, raising its Q4 guidance to a 3%-5% increase, up 1.5 points from earlier guidance. <br/>
ATW
http://atwonline.com/airline-financials/alaska-plans-boost-capacity-2-2019
12/4/18