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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)
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06/22/201617:57:05Statement of Changes in Beneficial Ownership (4)
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06/15/201615:55:00Alaska Airlines Taps Three New Managing Directors
06/13/201616:24:50Current Report Filing (8-k)
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06/09/201614:37:20Amended Statement of Ownership (sc 13g/a)
06/09/201611:13:14Confidential Treatment Order (ct Order)
06/08/201616:34:00/C O R R E C T I O N -- Alaska Airlines/
06/08/201608:05:00Alaska Airlines Begins New Service from San Jose, California...
06/08/201608:00:00Alaska Airlines to Add First Nonstop Flights from San Diego to...
06/07/201616:00:00Alaska Airlines Flies on Gevo's Renewable Alcohol to Jet Fuel
06/06/201618:01:33Statement of Changes in Beneficial Ownership (4)
06/06/201608:00:00Alaska Airlines Celebrates Pride with Discounts, Events and Matching...
06/03/201608:00:00Alaska Air Group Reports May 2016 Operational Results
06/01/201614:57:00Alaska Airlines Cuts Foreign Transaction Fees, Increases Bonus...
05/31/201619:01:34Statement of Changes in Beneficial Ownership (4)
05/26/201618:15:36Statement of Changes in Beneficial Ownership (4)
05/23/201614:17:00Alaska Air Group to Webcast Presentation at the Wolfe Research...
05/18/201611:10:00Alaska Airlines Adds California Routes

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