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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)
10/02/201512:00:00Alaska Air Group Reports September 2015 Operational Results
10/01/201513:49:00Alaska Airlines Continues to Grow Seattle Hub with New Raleigh/Durham...
09/30/201510:30:00Alaska Airlines Names New Managing Director of Loyalty
09/23/201508:15:00Alaska Airlines Begins Nonstop Service Between Nashville and...
09/23/201508:00:00Alaska Airlines and Icelandair Announce Codeshare and Frequent...
09/22/201509:00:00Alaska Airlines Announces its Annual PFD Sale for Alaska Residents
09/21/201517:29:33Statement of Changes in Beneficial Ownership (4)
09/18/201513:36:00Alaska Airlines Names New Managing Director of Seattle Airport...
09/17/201510:00:00Alaska Airlines Appoints New Managing Director of Fleet, Standards...
09/17/201509:20:00Stocks Coverage on the Services Sector -- Alaska Air Group, Gol...
09/16/201509:00:00Alaska Airlines Begins Nonstop Service from Seattle to New York...
09/15/201519:36:14Statement of Changes in Beneficial Ownership (4)
09/14/201506:04:04Current Report Filing (8-k)
09/09/201519:50:04Statement of Changes in Beneficial Ownership (4)
09/09/201509:30:00Alaska Airlines Inaugurates Service Between Los Angeles and Baltimore
09/08/201508:00:00Russell Wilson Extends Partnership with Alaska Airlines to Remain...
09/03/201513:10:00Alaska Air Group to Webcast Presentation at the Cowen & Company...
09/02/201513:18:00Alaska Air Group Reports August 2015 Operational Results
08/26/201518:50:01Statement of Changes in Beneficial Ownership (4)
08/19/201509:00:00Alaska Air Group Names Brooke DeBay Managing Director of Audit...

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