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US Airlines' On-Time Performance Better In January -DOT

DOW JONES NEWSWIRES U.S. airlines' on-time performance improved in January, the Department of Transportation said Monday, as they mishandled fewer bags and received fewer complaints than a month earlier. Airlines' on-time performance has wavered in recent months as the industry has been increasing capacity amid a recovery in air travel demand. That makes skies more crowded, tending to leave carriers more vulnerable to delays. The DOT's Bureau of Transportation Statistics said the 16 carriers reporting on-time performance had an overall rate of 76.3%, down from 78.7% a year earlier but up from 72% in December. The latest result represented the sixth-best January in the 17 years with comparable numbers. The agency said carriers canceled 3.9% of their scheduled flights, up from 2.5% a year earlier and 3.7% in December. A flight is counted as "on time" if it operated less than 15 minutes after the scheduled time shown in the carriers' computerized reservation system. JetBlue Airways Corp. (JBLU) had the worst on-time performance in January at 65%, while Hawaiian Holdings Inc.'s (HA) Hawaiian Airlines again had the best, with a 91.2% rate, followed by Alaska Air Group Inc.'s (ALK) Alaska Airlines, at 85.3%, and United Air, now a part of United Continental Holdings Inc. (UAL), at 84.5%. Meanwhile, the industry had a mishandled baggage rate of 4.2 per 1,000 passengers in January, down from 4.56 a year earlier and the previous month's 4.8 rate. The DOT also received 855 overall complaints, compared with 928 and 753, respectively. -By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240;

Stock News for Alaska Air (ALK)
10/20/201608:00:00Alaska Air Group reports third quarter 2016 results
10/20/201607:40:00Alaska Air Profit Hit by Merger Costs
10/20/201606:02:30Current Report Filing (8-k)
10/18/201609:00:00Alaska Airlines takes veterans from Alaska to Washington, D.C...
10/13/201612:48:00Alaska Air Group to Announce Financial Results
10/12/201609:00:00Alaska Airlines launches 'Paint the Plane' sweepstakes for Alaska...
10/12/201606:01:59Current Report Filing (8-k)
10/11/201614:24:00Alaska Airlines' Safety Management System accepted by the FAA
10/04/201608:00:00Alaska Air Group reports September 2016 operational results
09/27/201620:24:00Alaska Airlines will fly to Havana, Cuba, beginning Jan. 5, 2017
09/26/201609:10:00Alaska Air Agrees Not to Close Virgin America Merger Before Oct...
09/26/201608:00:00Alaska Air Group and Virgin America Agree to Extend Regulatory...
09/23/201615:10:00Justice Department Gets More Time to Study Alaska Air, Virgin...
09/23/201609:00:00Alaska Airlines launches annual PFD sale for Alaskans
09/22/201619:36:02Statement of Changes in Beneficial Ownership (4)
09/14/201606:02:24Current Report Filing (8-k)
09/09/201608:00:00Alaska Airlines releases new commercials featuring Alaska Airlines...
09/08/201618:57:29Statement of Changes in Beneficial Ownership (4)
09/02/201612:42:00Alaska Air Group Reports August 2016 Operational Results
08/31/201616:46:00Alaska Airlines receives U.S. DOT approval to begin Havana, Cuba...

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