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US Airlines Work Force Rose 2% In April - DOT

DOW JONES NEWSWIRES U.S. airlines' work force on a full-time equivalent basis increased 2% in April compared with a year earlier, the largest monthly increase so far in a year of tepid employment growth, according to the data from the U.S. Department of Transportation. Airlines are enjoying a rebound in demand, but hiring had only increased slightly over the past four months as carriers cautiously added workers. Declines in air travel during the economic downturn took a heavy toll, forcing airlines to take steps to control costs, including layoffs. Total full-time equivalent employees reached 383,698 in April, up slightly from March's 382,796, according to the department's Bureau of Transportation Statistics. Full-time equivalent calculations count two part-time employees as one full-time employee. Network carriers' work force grew 1.8% as Delta Air Lines Inc. (DAL) reported the largest increase with 4.5% more equivalent workers. Alaska Air Group's (ALK) Alaska Airlines posted the largest decline, a 3% drop in employment. Discount carrier Virgin America's work force rose 21% on the year, while Spirit Airlines Inc.'s (SAVE) namesake carrier posted a 17% jump. Southwest Airlines Co. (LUV) had 3.1% more employees, while JetBlue Airways Corp. (JBLU) and AirTran Holdings Inc. (AAI) saw their work rolls rise 4.9% and 3.7% respectively. The overall work force of discount carriers was up 4% on the year. Regional airlines employed 2.1% more workers. -By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; Andrew.FitzGerald@dowjones.com

Stock News for Alaska Air (ALK)
DateTimeHeadline
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03/18/201519:27:06Global airline ETF expected this spring
03/18/201518:01:37Statement of Changes in Beneficial Ownership (4)
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03/18/201515:00:00Alaska to fly from Boise to Spokane - its eighth nonstop city
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03/13/201516:36:53Initial Statement of Beneficial Ownership (3)
03/13/201507:38:17Airlines And Aristocrats: Elasticity In The Friendly Skies
03/13/201506:01:40Current Report Filing (8-k)
03/11/201517:43:04Statement of Changes in Beneficial Ownership (4)
03/11/201509:30:00Alaska offers three-peat to D.C., with new nonstop flights between...
03/11/201507:41:09Spring preview on U.S. airlines
03/10/201508:30:00Alaska Airlines Seeks Government Approval to Begin Service from...

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