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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
12/02/201608:00:00Alaska Air Group Reports November 2016 Operational Results
11/28/201613:20:00More U.S. Scheduled Flights to Havana on Tap
11/23/201612:00:00Alaska Airlines Foundation awards nearly $165,000 to nonprofits...
11/22/201608:00:00Cyber Monday: Alaska Airlines' biggest sale of the year kicks...
11/21/201608:00:00Alaska Airlines debuts new flights between San Diego and Newark...
11/16/201613:30:00Alaska Airlines partners with U.S. Marines to deliver Toys for...
11/16/201608:01:00Alaska Airlines announces nonstop service between San Diego and...
11/15/201608:00:00Alaska Airlines to use Advanced Technology to improve Sun Valley...
11/14/201615:07:00Forest-powered flight heads to Washington, D.C.
11/14/201606:03:10Current Report Filing (8-k)
11/10/201618:15:27Statement of Changes in Beneficial Ownership (4)
11/10/201614:30:00Alaska Airlines' New Premium Class section available for purchase...
11/10/201608:30:00Alaska Airlines to launch new flights from Bellingham, Washington...
11/10/201608:15:00Alaska Airlines inaugurates new flights between Portland, Oregon...
11/07/201616:36:42Statement of Changes in Beneficial Ownership (4)
11/02/201612:10:00U.S. Airlines Expect Slight Rise in Thanksgiving Air Travel
11/02/201608:15:00Alaska Air Group reports October 2016 operational results
11/02/201606:02:34Quarterly Report (10-q)
10/26/201616:00:00Alaska Airlines salutes military heroes with patriotic themed...
10/21/201618:43:12Statement of Changes in Beneficial Ownership (4)

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