Alaska Air Group to Hold Analyst, Media Teleconference to Discuss Third-Quarter 2006 Financial Results

  What:    Alaska Air Group  teleconference, including analyst
           and media Q&A sessions, to discuss third-quarter 2006 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, Alaska Air Group and
           Alaska Airlines

  When:    Tuesday, Oct. 24, 2006
           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: 3912644

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

Alaska Airlines and its sister carrier, Horizon Air, together serve 88 cities through an expansive network throughout Alaska, the Lower 48, Canada and Mexico. For reservations, visit alaskaair.com . For more news and information, visit the Alaska Airlines/Horizon Air newsroom at http://newsroom.alaskaair.com/ .

CONTACT: media, Amanda Tobin Bielawski, Media Relations Manager, +1-206-392-5134, or investors, Shannon Alberts, Managing, Director of Investor Relations, +1-206-392-5218, both of Alaska Air Group.

PRNewswire — Oct. 23

SOURCE: Alaska Air Group