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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
07/07/201511:00:00Joel McHale, Russell Wilson to Compete in Alaska Airlines Plane...
07/02/201511:00:00Alaska Air Group to Announce Financial Results
07/02/201508:00:00Alaska Air Group Reports June 2015 Operational Results
07/01/201508:05:00Alaska Airlines starts service between Seattle and Milwaukee...
07/01/201508:00:00Alaska Airlines to Offer Free Checked Bag with Every Flight for...
06/30/201513:09:00Report Shows Benefits of 'Greener Skies' approaches at Sea-Tac...
06/30/201508:05:00Alaska Airlines Announces New Regional Flying from Los Angeles...
06/24/201514:33:25Confidential Treatment Order (ct Order)
06/15/201508:45:58Current Report Filing (8-k)
06/15/201508:15:00SkyWest Adds Eight Embraer E175s to Fleet, Replacing Older Regional...
06/11/201508:00:00Alaska Airlines Announces Fare Sale for New Costa Rica Flights...
06/09/201520:40:16Lufthansa Surcharge Steps Up Fight for Fares
06/09/201509:00:00Alaska Airlines Names David Kuhl Vice President of Information...
06/02/201508:00:00Alaska Air Group Reports May 2015 Operational Results
06/01/201512:00:00Alaska Airlines to Add New Portland-Austin and Eugene-San Jose...
05/27/201509:30:00Alaska Airlines Names Derek Chang Managing Director of Brand...
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)

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