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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
07/26/201611:38:00Virgin America Shareholders Vote To Approve Merger Agreement...
07/25/201611:00:00Boosting Support: Alaska Airlines donates nearly $150,000 to...
07/22/201617:24:06Securities Registration: Employee Benefit Plan (s-8)
07/22/201616:51:26Post-effective Amendment to an S-8 Filing (s-8 Pos)
07/21/201618:00:00Alaska Airlines is in a Newark State of Mind
07/21/201608:00:00Alaska Air Group Reports Record Second Quarter 2016 Results
07/21/201607:50:00Alaska Air's Profit Tops Views as Traffic Climbs
07/21/201606:02:31Current Report Filing (8-k)
07/19/201618:36:41Statement of Changes in Beneficial Ownership (4)
07/18/201619:50:35Statement of Changes in Beneficial Ownership (4)
07/13/201616:00:00Alaska Air Group announces senior leaders for planned Virgin...
07/13/201608:00:00Alaska Airlines announces new flights between Portland, Oregon...
07/12/201606:01:43Current Report Filing (8-k)
07/07/201614:47:00Alaska Airlines flight to Havana, Cuba approved
07/07/201611:40:00U.S. to Allow Eight Airlines to Fly to Havana
07/05/201608:00:00Alaska Air Group reports June 2016 operational results
07/01/201612:00:00Alaska Air Group to Announce Financial Results
06/30/201614:30:00Alaska Airlines, 700 local business leaders celebrate Boeing's...
06/29/201608:00:00Alaska Airlines to launch service between Seattle and San Luis...
06/27/201618:20:00U.S. to Hold Talks with U.A.E., Qatar in Airline Dispute

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