Alaska Air reports July traffic increase 7%, capacity up 7% This resulted in a load factor of 88.6 percent, consistent with July 2013. Alaska reported a 6.3 percent increase in traffic on a 6.1 percent increase in capacity compared to July 2013. This resulted in a 0.1 point increase in load factor to a record 89.0 percent. Alaska also reported 84.0 percent of its flights arrived on-time in July, compared to 84.5 percent reported in July 2013. Horizon reported a 3.5 percent increase in July traffic on a 6.3 percent increase in capacity compared to July 2013. This resulted in a 2.3 point decrease in load factor to 82.6 percent. Horizon also reported 86.9 percent of its flights arrived on-time in July, compared to the 89.4 percent reported in July 2013.
Alaska Air downgraded at Buckingham As previously reported, Buckingham downgraded Alaska Air (ALK) to Neutral from Buy. The analyst sees increased risk next year to Delta's (DAL) new focus on domestic capacity in Seattle.