Alaska anticipates flat PRASM in Q4

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Alaska Air Group anticipates flat passenger unit revenue during the fourth quarter, despite rising traffic and capacity.

The flat passenger revenue per available seat mile (PRASM) guidance comes as the Seattle-based carrier reports a 3.9% increase in revenue passenger miles (RPMs) and a 5.1% increase in available seat miles (ASMs) in the quarter.

Costs per available seat mile excluding fuel and special items is expected to rise about 1%, which is slightly lower than previous guidance.

Alaska anticipates paying an average of $3.21 per gallon for fuel during the quarter, which is down 6.5% from the fourth quarter 2012.