From Tomi Kilgore: Alaska Air Group Inc. ALK, +0.47% had the worst one-time performance in February among reporting marketing carriers, while Hawaiian Holdings Inc.HA, -0.52% had the best, according to the Department of Transportation’s “Air Travel Consumer Report” (ATCR). The average on-time arrival rate for the month was 73.8%, while Alaska Air came in at 66.9%, and JetBlue Airways Group Corp.JBLU, -0.12% was second worst at 70.0%. Hawaiian came in at 81.7% and Delta Air Lines Inc. DAL, -0.44% came in second at 77.9%. Alaska also had the highest flight cancellation rate at 5.8%, well above the average rate of 3.1%, and at least the 3 longest tarmac delays for domestic flights, the ATCR said. Southwest Airlines Co. LUV, -1.10% had teh second-highest cancellation rate at 4.6%, while Hawaiian had the lowest cancellation rate at 0.6% and Frontier Airlines was second lowest at 1.2%. Alaska Air’s stock has edged up 1.4% year to date through Thursday, while Hawaiian shares have rallied 15.3%, the NYSE Arca Airline IndexXAL, +0.02% has gained 14.3% and the S&P 500 SPX, +0.16% has climbed 15.9%
