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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
07/26/201611:38:00Virgin America Shareholders Vote To Approve Merger Agreement...
07/25/201611:00:00Boosting Support: Alaska Airlines donates nearly $150,000 to...
07/22/201617:24:06Securities Registration: Employee Benefit Plan (s-8)
07/22/201616:51:26Post-effective Amendment to an S-8 Filing (s-8 Pos)
07/21/201618:00:00Alaska Airlines is in a Newark State of Mind
07/21/201608:00:00Alaska Air Group Reports Record Second Quarter 2016 Results
07/21/201607:50:00Alaska Air's Profit Tops Views as Traffic Climbs
07/21/201606:02:31Current Report Filing (8-k)
07/19/201618:36:41Statement of Changes in Beneficial Ownership (4)
07/18/201619:50:35Statement of Changes in Beneficial Ownership (4)
07/13/201616:00:00Alaska Air Group announces senior leaders for planned Virgin...
07/13/201608:00:00Alaska Airlines announces new flights between Portland, Oregon...
07/12/201606:01:43Current Report Filing (8-k)
07/07/201614:47:00Alaska Airlines flight to Havana, Cuba approved
07/07/201611:40:00U.S. to Allow Eight Airlines to Fly to Havana
07/05/201608:00:00Alaska Air Group reports June 2016 operational results
07/01/201612:00:00Alaska Air Group to Announce Financial Results
06/30/201614:30:00Alaska Airlines, 700 local business leaders celebrate Boeing's...
06/29/201608:00:00Alaska Airlines to launch service between Seattle and San Luis...
06/27/201618:20:00U.S. to Hold Talks with U.A.E., Qatar in Airline Dispute

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