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Passenger Load Factor
Indicates the percentage of available seating capacity that is filled with passengers, highlighting operational efficiency and demand for flights.Passenger Load Factor has rebounded to consistent, pre‑COVID seasonal peaks but has broadly plateaued, with Q1 softness and a subtle downtrend into early 2026 reflecting localized demand shocks (Hawaii/Puerto Vallarta) rather than systemwide collapse. That means ALK’s near‑term revenue upside will rely more on mix (premium seat upgrades, loyalty/co‑brand cash) and international pockets of >90% load (Seattle–Tokyo) than higher overall seat density. With fuel-driven cost pressure and suspended guidance, stable load factors cushion capacity discipline but won't shield margins without better yields or successful premium upsell.
Date | Passenger Load Factor |
|---|---|
Jun 30, 2026 | 82.30 |
Mar 31, 2026 | 80.20 |
Dec 31, 2025 | 81.50 |
Sep 30, 2025 | 84.80 |
Jun 30, 2025 | 83.90 |
Mar 31, 2025 | 81.30 |
Dec 31, 2024 | 83.80 |
Sep 30, 2024 | 85.50 |
Jun 30, 2024 | 84.10 |
Mar 31, 2024 | 81.40 |