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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
12/07/201617:40:00Alaska Air Agrees to Settle Consumer Lawsuit Opposing Merger
12/07/201617:21:00Alaska Airlines issues statement following Virgin America lawsuit...
12/06/201617:30:00Alaska Air, Virgin America Get U.S. Nod for Merger
12/06/201613:52:00Current Report Filing (8-k)
12/06/201613:51:00Justice Department Clears Alaska Air Group's Acquisition of Virgin...
12/02/201608:00:00Alaska Air Group Reports November 2016 Operational Results
11/28/201613:20:00More U.S. Scheduled Flights to Havana on Tap
11/23/201612:00:00Alaska Airlines Foundation awards nearly $165,000 to nonprofits...
11/22/201608:00:00Cyber Monday: Alaska Airlines' biggest sale of the year kicks...
11/21/201608:00:00Alaska Airlines debuts new flights between San Diego and Newark...
11/16/201613:30:00Alaska Airlines partners with U.S. Marines to deliver Toys for...
11/16/201608:01:00Alaska Airlines announces nonstop service between San Diego and...
11/15/201608:00:00Alaska Airlines to use Advanced Technology to improve Sun Valley...
11/14/201615:07:00Forest-powered flight heads to Washington, D.C.
11/14/201606:03:10Current Report Filing (8-k)
11/10/201618:15:27Statement of Changes in Beneficial Ownership (4)
11/10/201614:30:00Alaska Airlines' New Premium Class section available for purchase...
11/10/201608:30:00Alaska Airlines to launch new flights from Bellingham, Washington...
11/10/201608:15:00Alaska Airlines inaugurates new flights between Portland, Oregon...
11/07/201616:36:42Statement of Changes in Beneficial Ownership (4)

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