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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; [email protected]

Stock News for Alaska Air (ALK)
DateTimeHeadline
01/18/201706:02:20Amended Current Report Filing (8-k/a)
01/18/201706:02:19Current Report Filing (8-k)
01/11/201708:00:00Alaska Airlines announces new seasonal flights from Portland...
01/10/201715:15:26Initial Statement of Beneficial Ownership (3)
01/10/201713:08:21Statement of Ownership (sc 13g)
01/10/201708:00:00Alaska Air Group Reports December 2016 and Full-Year Operational...
01/06/201718:43:13Statement of Changes in Beneficial Ownership (4)
01/06/201708:00:00Alaska Airlines kicks off new year with new in-flight amenities...
01/05/201714:58:00Alaska Airlines launches first West Coast commercial air service...
12/21/201608:00:00Alaska Airlines and Virgin America grow San Francisco hub with...
12/19/201609:15:14Current Report Filing (8-k)
12/19/201608:00:00Alaska Airlines announces new enhancements to Mileage Plan
12/14/201609:10:42Current Report Filing (8-k)
12/14/201608:30:00Alaska Air Group closes acquisition of Virgin America, becomes...
12/14/201608:30:00Alaska Air Group closes acquisition of Virgin America, becomes...
12/13/201606:02:21Current Report Filing (8-k)
12/12/201617:53:00Alaska Airlines and its aircraft technicians reach tentative...
12/07/201617:40:00Alaska Air Agrees to Settle Consumer Lawsuit Opposing Merger
12/07/201617:21:00Alaska Airlines issues statement following Virgin America lawsuit...
12/06/201617:30:00Alaska Air, Virgin America Get U.S. Nod for Merger

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