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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
06/23/201607:55:00Pre-market Insights on Services Sector -- JetBlue Airways, Southwest...
06/22/201617:57:05Statement of Changes in Beneficial Ownership (4)
06/22/201608:00:00Alaska Airlines Announces New Flying Between Portland, Oregon...
06/15/201615:55:00Alaska Airlines Taps Three New Managing Directors
06/13/201616:24:50Current Report Filing (8-k)
06/10/201609:30:00Alaska Airlines begins nonstop flights between Anchorage, Alaska...
06/09/201614:37:20Amended Statement of Ownership (sc 13g/a)
06/09/201611:13:14Confidential Treatment Order (ct Order)
06/08/201616:34:00/C O R R E C T I O N -- Alaska Airlines/
06/08/201608:05:00Alaska Airlines Begins New Service from San Jose, California...
06/08/201608:00:00Alaska Airlines to Add First Nonstop Flights from San Diego to...
06/07/201616:00:00Alaska Airlines Flies on Gevo's Renewable Alcohol to Jet Fuel
06/06/201618:01:33Statement of Changes in Beneficial Ownership (4)
06/06/201608:00:00Alaska Airlines Celebrates Pride with Discounts, Events and Matching...
06/03/201608:00:00Alaska Air Group Reports May 2016 Operational Results
06/01/201614:57:00Alaska Airlines Cuts Foreign Transaction Fees, Increases Bonus...
05/31/201619:01:34Statement of Changes in Beneficial Ownership (4)
05/26/201618:15:36Statement of Changes in Beneficial Ownership (4)
05/23/201614:17:00Alaska Air Group to Webcast Presentation at the Wolfe Research...
05/18/201611:10:00Alaska Airlines Adds California Routes

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