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US Airlines' Full-Time Equivalent Work Force Up 1.5% In March-DOT

DOW JONES NEWSWIRES U.S. airlines' work force on a full-time equivalent basis increased 1.5% from a year earlier in March, according to the U.S. Department of Transportation, again rising to a nearly two-year high. The industry has reported minuscule year-over-year growth in employee counts each month since December, when employment on a full-time equivalent basis, which counts two part-time employees as one full-timer, increased for the first time in 30 months. Carriers' struggles with beaten-down demand during the recession had forced them to take cost-cutting steps such as layoffs but the industry enjoyed a broad recovery last year. The durability of the sector's rebound has become less clear of late and many airlines have pared capacity plans because of high fuel prices and the impact of March's earthquake and tsunami in Japan. The full-time equivalent employee count was 382,796 in March, the highest since August 2009, according to the department's Bureau of Transportation Statistics. Network carriers' work force rose 1.5%. Delta Air Lines Inc.'s (DAL) 5% increase was the biggest of the group, followed by US Airways Group Inc. (LCC), which saw 1.1% growth. Alaska Air Group Inc.'s (ALK) namesake carrier posted a 3.4% decline. Discount carriers Southwest Airlines Co. (LUV) and JetBlue Airways Corp. (JBLU) saw work rolls increase 1.8% and 3%, respectively. Overall, the discounters had 2.3% more workers. Regional carriers' work force was 1.8% higher. -By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240; matthew.jarzemsky@dowjones.com

Stock News for Alaska Air (ALK)
DateTimeHeadline
02/10/201610:07:08Amended Statement of Ownership (sc 13g/a)
02/09/201608:00:00Alaska Airlines Taps Mekanism to Lead its Advertising
02/09/201607:40:38Statement of Ownership (sc 13g)
02/02/201608:00:00Alaska Air Group Reports January 2016 Operational Results
01/29/201617:11:00Horizon Air Flight Attendants and Pilots Pass Vote to Ratify...
01/28/201619:00:00Alaska Airlines to fly nonstop between Anchorage and Spokane...
01/27/201619:00:00Alaska Airlines to fly between Portland, Oregon, and Atlanta...
01/25/201618:30:00Alaska Airlines Unveils First Major Brand Change in 25 Years
01/25/201613:48:36Amended Statement of Ownership (sc 13g/a)
01/22/201608:00:00Alaska Airlines and Horizon Air Employees Receive Nearly Five...
01/21/201611:07:27Amended Current Report Filing (8-k/a)
01/21/201608:00:00Alaska Air Group Reports Record Adjusted Fourth Quarter 2015...
01/21/201608:00:00Alaska Air Group Increases Quarterly Dividend by 38%
01/21/201606:02:25Current Report Filing (8-k)
01/20/201615:15:00Alaska Airlines Names New Managing Director, Station Operations
01/14/201609:00:00Alaska Airlines Names New Vice President of Maintenance and Engineering
01/12/201617:43:00Alaska Airlines Announces 'Russell Wilson's Carolina Airlift'
01/08/201612:29:19Initial Statement of Beneficial Ownership (3)
01/08/201608:32:19Current Report Filing (8-k)
01/07/201614:20:00Alaska Airlines Once Again Named North America's Most On-Time...

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