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US Airlines Work Force Drops 0.4% On Year In October - DOT

DOW JONES NEWSWIRES U.S. airlines' work force dipped 0.4% in October from a year earlier on a full-time equivalent basis, according to the U.S. Department of Transportation. October's decrease is the 28th consecutive month of year-on-year declines for work force levels, but the rate of decline has been abating since the middle of last year. On Wednesday the department reported total unadjusted employment rose 0.2% on the year in October, the first such growth since June 2008. Airlines have enjoyed a bounce this year as business travelers and consumers return to the skies, but the recovery has yet to translate into net hiring. Carriers struggled last year as the downturn battered demand, forcing them to take steps to cut costs, including layoffs. Total full-time equivalent employees numbered 378,112 in October, down from a year earlier but up from September's 377,676, according to the department's Bureau of Transportation Statistics. Full-time equivalent calculations count two part-time employees as one full-time employee. Network carriers' work force declined 1.2%. Delta Air Lines Inc. (DAL) was again the only of the six network carriers to increase employment, with 56% more workers compared with a year ago following its merger with Northwest. Alaska Air Group Inc. (ALK) had the largest decline, a 3.6% drop. Discount carriers' employment was up 3% as Southwest Airlines Co. (LUV) had 0.7% more workers and AirTran Holdings Inc. (AAI), which it plans to acquire, saw its work force edge up 0.2%. Rival JetBlue Airways Corp.'s (JBLU) work rolls grew 4.1%. Regional airlines employed 0.5% more workers. -By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240; matthew.jarzemsky@dowjones.com

Stock News for Alaska Air (ALK)
DateTimeHeadline
05/21/201515:00:00Tom Kemp Named Alaska Airlines' Vice President of Flight Operations
05/20/201509:00:00Alaska Air Group Reduced its Emissions Intensity by 30 percent...
05/19/201519:08:36Statement of Changes in Beneficial Ownership (4)
05/19/201519:08:06Statement of Changes in Beneficial Ownership (4)
05/16/201510:34:03The Single Worst Practice of the Airlines
05/15/201518:01:41Statement of Changes in Beneficial Ownership (4)
05/15/201517:51:00Alaska Air Group to Webcast Presentation at the Wolfe Research...
05/15/201509:33:00Alaska Air Cargo Delivers 18,000 Pounds of Wild Copper River...
05/14/201508:00:00Alaska Airlines Eases Travel with Debut of Preferred Plus Seating...
05/14/201506:02:17Current Report Filing (8-k)
05/13/201507:00:00J.D. Power Study Ranks Alaska Airlines Highest in Traditional...
05/12/201514:49:46Current Report Filing (8-k)
05/12/201513:49:00Alaska Air Group to Webcast Presentation at the Bank of America...
05/11/201518:15:03Statement of Changes in Beneficial Ownership (4)
05/11/201518:01:33Statement of Changes in Beneficial Ownership (4)
05/11/201517:59:07Statement of Changes in Beneficial Ownership (4)
05/11/201517:59:07Statement of Changes in Beneficial Ownership (4)
05/11/201517:58:40Statement of Changes in Beneficial Ownership (4)
05/11/201517:58:40Statement of Changes in Beneficial Ownership (4)
05/11/201517:58:13Statement of Changes in Beneficial Ownership (4)

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