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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;

Stock News for Alaska Air (ALK)
10/21/201618:43:12Statement of Changes in Beneficial Ownership (4)
10/21/201618:36:05Statement of Changes in Beneficial Ownership (4)
10/21/201616:30:00Judge Overseeing Lawsuit Over Alaska Air, Virgin America Merger...
10/20/201617:40:00Alaska Air, Virgin America Cool Their Jets as They Await Deal's...
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)

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