Alaska Air Group higher after posting traffic update

• Alaska Air Group (ALK +1.1%) reports revenue passenger miles increased 6.9% in January to 3.837B.
• Passengers flown increased 5.7% to 3.246M.
• Capacity was up 7.6% Y/Y to 4.911B available seat miles.
• January load factor -50 bps to 78.1%.
• YTD load factor +60 bps to 83.8%.