I'm still in New York, but I spent much of today following Alaska Airlines' first quarter earnings conference call. I'm writing about it for Aviation Week. For my expert analysis you'll have to subscribe. But here are some facts I thought you might find interesting.
- Only about 1/3 of passengers in Alaska's first class cabin actually pay for it. Everyone else is getting a free upgrade. For Alaska, that's actually a major improvement from several years ago. Until recently, Alaska executives admitted, many flights had only one paying first class passenger. That's in a cabin with 12 or 16 seats.
- Alaska spent $25 million on food and beverage in the first quarter, up $4 million from the first quarter in 2014.
- Freight and mail is a small part of Alaska's revenue, but it still accounted for $24 million in the first quarter. That was down $1 million from last year. Overall Alaska revenue was $1.27 billion in this year's first quarter.
- Alaska paid $1.98 for fuel in the first quarter. Last year during the same period it paid $3.32.
- Alaska used 119 million gallons of fuel in the first quarter.
- Alaska will add 10 737s this year, giving it 147 of the aircraft type.
For a bunch of interesting facts and figures from Alaska, check out the airline's first quarter 8K filed with the SEC.