Alaska Air Group Reports April Traffic

Alaska Air Group, Inc. today reported April operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).

ALASKA AIRLINES

Alaska reported a 7.3 percent increase in traffic on a 2.2 percent increase in capacity, resulting in a 4.0-point increase in load factor to 82.9 percent. Alaska also reported that 90.9 percent of its flights arrived on time in April 2010, a 6.6-point increase compared to the 84.3 percent reported in April 2009.

The following table shows the operational results for April 2010 and for the first four months of 2010, compared to the prior-year periods:

                                       April                Year-to-Date
                                       -----                ------------
                                2010   2009  Change    2010   2009  Change
                                ----   ----  ------    ----   ----  ------
  Revenue passenger miles
      RPMs (in billions)       1,583  1,475      7.3% 6,055  5,653      7.1%
  Available seat miles
      ASMs (in billions)       1,910  1,868      2.2% 7,451  7,388      0.8%
  Passenger load factor         82.9%  78.9%  4.0pts   81.3%  76.5%  4.8pts
  Revenue passengers (in
   millions)                   1,302  1,280      1.7% 4,943  4,854      1.8%
  On-time arrivals as reported
    to U.S. DOT                 90.9%  84.3%  6.6pts   87.6%  75.5% 12.1pts
    -----------                 ----   ----   ------   ----   ----  -------


  HORIZON AIR

Horizon reported a 5.9 percent increase in traffic on a 2.1 percent increase in capacity, resulting in a 2.6-point increase in load factor to 71.8 percent. Horizon also reported that 90.0 percent of its flights arrived on time in April 2010, slightly better than the 89.9 percent reported in April 2009.

The following table shows the operational results for April 2010 and for the first four months of 2010, compared to the prior-year periods:

                                April                 Year-to-Date
                                -----                 ------------
                         2010  2009   Change    2010   2009   Change
                         ----  ----   ------    ----   ----   ------
  RPMs (in billions)      195   184       5.9%   762    709       7.5%
  ASMs (in billions)      272   267       2.1% 1,065  1,054       1.1%
  Passenger load factor  71.8% 69.2%   2.6pts   71.5%  67.3%   4.2pts
  Revenue passengers (in
   millions)              538   530       1.4% 2,122  2,077       2.2%
  On-time arrivals       90.0% 89.9%   0.1pts   89.1%  83.4%   5.7pts
  ----------------       ----  ----    ------   ----   ----    ------

Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group , together serve more than 90 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Network Carriers" in the J.D. Power and Associates 2008 and 2009 North America Airline Satisfaction Studies(SM). For reservations, visit alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at alaskaair.com/newsroom

First Call Analyst:
FCMN Contact: maria.koenig@alaskaair.com

SOURCE: Alaska Air Group, Inc.