Alaska Air Group to Hold Analyst, Media Teleconference to Discuss Second Quarter 2007 Financial Results

  What:  Alaska Air Group  teleconference, including analyst
         and media Q&A sessions, to discuss second quarter 2007 financial
         results

  Who:   Bill Ayer, chairman and chief executive officer, Alaska Air Group
          and Alaska Airlines
         Jeff Pinneo, president and chief executive officer, Horizon Air
         Brad Tilden, chief financial officer and executive vice president
          of finance and planning, Alaska Air Group and Alaska Airlines

  When:  Thursday, July 26, 2007
         Earnings call: 8:30 a.m. Pacific time/11:30 a.m. Eastern time
         Call order: management overview, analyst Q&A, media Q&A

  Analyst/Media Participation Information:
         Confidential call-in number for media and analysts only:
         (877) 368-8382
         Confidential pass code for media and analysts only: 5751950

  Audio Replay Information:
         Audio replay of the teleconference available at
         http://alaskaair.com/investors

Alaska Airlines and sister carrier, Horizon Air, together serve 92 cities through an expansive network throughout Alaska, the Lower 48, Canada and Mexico. For reservations visit http://alaskaair.com/. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at http://alaskaair.com/newsroom.

  Media contact:             -or-    Investor/analyst contact:
  Amanda Tobin Bielawski             Shannon Alberts
  Media Relations Manager            Managing Director of Investor Relations
  (206) 392-5134                     (206) 392-5218

PRNewswire — July 23
First Call Analyst:
FCMN Contact:

SOURCE: Alaska Air Group