Alaska Air Group To Webcast Presentation at Bear Stearns Global Transportation Conference

Alaska Air Group, Inc. , the parent company of Alaska Airlines, Inc. and Horizon Air Industries, Inc., today announced it will webcast a presentation given by Bill Ayer, Alaska’s chairman, president and chief executive officer, at the Bear Stearns Global Transportation Conference on Wednesday, May 9, 2007, in New York.

The webcast will be presented live at 8:45 a.m. Eastern time. To participate in the listen-only mode webcast, listeners should access the "Investor Information" section of alaskaair.com several minutes prior to the scheduled start time to allow sufficient time to register.

For those unable to listen to the live webcast, a replay will be available at http://alaskaair.com/ for 30 days.

Alaska Airlines and sister carrier, Horizon Air, together serve 90 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 .

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

SOURCE: Alaska Air Group, Inc.