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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
07/28/201518:50:00Russell Wilson Leads Team to Victory in Alaska Plane Pull
07/23/201519:30:32United, Southwest Post Record Profits
07/23/201508:00:00Alaska Air Group Reports Record Second Quarter 2015 Results
07/22/201508:00:00Alaska Airlines adds Hainan Airlines as Mileage Plan Partner
07/21/201518:50:08Statement of Changes in Beneficial Ownership (4)
07/13/201509:50:07Starbucks Leads Initiative to Hire 100,000 Young, Minority Workers
07/13/201503:29:42Starbucks Leads Multi-Company Initiative to Hire 100,000 Young...
07/10/201506:01:41Current Report Filing (8-k)
07/08/201518:15:26Statement of Changes in Beneficial Ownership (4)
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...

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