This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Alaska Airlines Is Most Fuel-Efficient U.S. Carrier

SEATTLE, Sept. 10, 2013 /PRNewswire/ -- Alaska Airlines is ranked No. 1 in fuel efficiency in a report released today by the International Council on Clean Transportation, a nonprofit research organization based in Washington, D.C. The ICCT study is the first to quantify fuel performance for U.S. airlines.

Alaska, along with its regional partner Horizon Air, led all 15 mainline U.S. carriers as the most fuel-efficient airline operating in the United States in 2010, outperforming the least fuel-efficient carrier by 26 percent.

"We have made significant investments in our fleet, technology and processes to improve our fuel performance, which is a key part of Alaska's commitment to be the airline industry leader in environmental stewardship. These sustainability efforts also help us keep our costs down in order to provide better value for our customers," said Keith Loveless, Alaska Air Group's executive vice president and general counsel. "We're proud and gratified to see our efforts validated by such an independent and respected source as the International Council on Clean Transportation."

The ICCT study looked at fuel-consumption data reported annually by airlines to the U.S. Bureau of Transportation Statistics. The study employed methodology developed by a team of researchers at the Federal Aviation Administration's National Center of Excellence for Aviation Operations Research (NEXTOR) at the University of California, Berkeley, to evaluate fuel efficiency based on passenger miles between origin and destination as well as airports served and/or flight frequency. Researchers looked at fuel burned and identified inefficiencies, such as the use of older technology, circuitous routing and taxiing with two engines instead of one.

By improving its fuel efficiency in recent years, Alaska Airlines reduced its carbon emissions by 30 percent (measured by flying one passenger one mile). This reduction was accomplished through a variety of measures—most notably by migrating to exclusively flying the Boeing 737 and Bombardier Q400, the most fuel-efficient aircraft in their classes.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs