Alaska Airlines to Hold Teleconference to Discuss Transition to All-Boeing 737 Fleet

   What:     Alaska Airlines teleconference to discuss plans for transition
             to all-Boeing 737 fleet by end of 2008

   Who:      Bill Ayer, chairman and chief executive officer, Alaska
             Airlines
             Brad Tilden, chief financial officer, Alaska Airlines

   When:     Monday, March 13    11 a.m. Pacific time/2 p.m. Eastern time

   Call-In Information:
   Domestic (United States) (877) 368-8382      Pass code: 6524107
   International            (706) 679-4927      Pass code: 6524107

A PowerPoint presentation accompanying the teleconference will be available at: http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=alk&script=1000 .

Audio Replay Information:

An audio replay of the teleconference also will be available at: http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=alk&script=1000

Contact: Amanda Tobin, Media Relations Manager, +1-206-392-5134, or Shannon Alberts, Managing Director of Investor Relations, +1-206-392-5218, both of Alaska Airlines

SOURCE: Alaska Airlines