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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
04/28/201619:15:39Statement of Changes in Beneficial Ownership (4)
04/26/201619:36:13Statement of Changes in Beneficial Ownership (4)
04/22/201616:05:00Virgin America Postpones 2016 Annual Meeting Given Proposed Transaction...
04/21/201618:29:05Statement of Changes in Beneficial Ownership (4)
04/21/201608:10:00Alaska Air Profit Tops Expectations
04/21/201608:00:00Alaska Air Group Reports Record First Quarter 2016 Results
04/21/201606:02:19Current Report Filing (8-k)
04/18/201615:00:00Alaska Air, Virgin America File Deal Paperwork
04/14/201606:01:38Current Report Filing (8-k)
04/12/201608:20:00JetBlue to Expand Its High-End Mint Service
04/12/201608:00:00Horizon Air Places Largest Aircraft Order in its History, Adding...
04/11/201606:01:38Current Report Filing (8-k)
04/10/201620:56:00VIRGIN AMERICA INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL...
04/08/201611:38:00Virgin America Inc. Acquisition May Not Be in the Best Interests...
04/06/201612:45:00Alaska Airlines to fly Bellingham to Kona, on the Big Island...
04/05/201603:02:00Deal Sets Up Face-Off For Plane Makers
04/04/201612:13:00VIRGIN AMERICA(VA) ALERT: Johnson & Weaver, LLP Launches an Investigation...
04/04/201607:00:00Alaska Air Wins Bidding War for Virgin America
04/04/201606:10:43Current Report Filing (8-k)
04/04/201606:00:00Alaska Air Group to Acquire Virgin America, Creating West Coast's...

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