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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)
11/18/201518:36:24Statement of Changes in Beneficial Ownership (4)
11/18/201518:36:24Statement of Changes in Beneficial Ownership (4)
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11/04/201508:00:00Alaska Air Group Announces New General Counsel
11/03/201519:30:00Small Airlines Push for More Access at New York Airports
11/03/201508:01:00Alaska Air Group Reports October 2015 Operational Results
11/03/201508:00:00Alaska Airlines Announces New Flights from Orange County to Santa...
11/02/201517:51:00Alaska Air Cargo ships ornaments from Alaska to District of Columbia...
11/02/201514:53:00Alaska Airlines Begins Flying to Costa Rica
10/27/201518:20:00Delta Air Lines to Leave Airline Trade Group
10/27/201509:43:34Statement of Changes in Beneficial Ownership (4)
10/26/201508:00:00Emirates Announces Codeshare Agreement with Alaska Airlines
10/25/201509:40:05Delta Air Lines' Challenge to Alaska Air Keeps Growing

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