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Now is the perfect time to book a dream vacation to Australia or New Zealand with special one-way fares from Seattle or Portland via Honolulu, available from November 19–21. Alaska Airlines and Hawaiian Airlines offer the most direct routes from the Pacific Northwest to Sydney and Auckland, with a layover in Honolulu.
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Travel with Alaska and Hawaiian Airlines from the Pacific Northwest, connecting through Honolulu on the quickest routes to Australia and New Zealand.
Special fares starting at $390 one-way from Seattle or Portland to Auckland (New Zealand) and Sydney (Australia) available through Nov. 21, 2024.
Travel dates: Auckland through April 30, 2025, and Sydney between Feb. 1–Sept. 30, 2025, when booked on Alaska or Hawaiian Airlines websites.
If you’re ready to experience a bucket-list vacation to Australia or New Zealand, now is the perfect time to book a flight to the warmth, beauty and excitement of a Southern Hemisphere adventure. Maybe even make some new Aussie and Kiwi friends along the way.
From now through Nov. 21, 2024, you can take advantage of special fares starting at $390 one-way from Seattle or Portland via Honolulu for travel to Auckland, New Zealand through April 30, 2025, and for travel to Sydney, Australia between Feb. 1 through Sept. 30, 2025, when you book at alaskaair.com and hawaiianairlines.com. Flights are subject to availability and fare restrictions apply. Visit here for more information on terms and conditions.
For our guests in the Pacific Northwest, Alaska Airlines and Hawaiian Airlines offer the most direct route from Seattle and Portland to Sydney and Auckland with a layover in Honolulu.
With the combined network of Alaska and Hawaiian, it’s more convenient than ever for our guests in the Pacific Northwest to book a flight to Australia and New Zealand for the trip of a lifetime.”
Alaska and Hawaiian offer the most daily nonstops from Seattle and Portland to Honolulu. From Honolulu, Hawaiian has departures to Sydney and Auckland on its spacious, widebody Airbus A330 aircraft:
The A330 features 18 Premium Cabin lie-flat leather seats, 68 popular Extra Comfort seats and 192 main cabin seats. In addition to Hawaiian’s award-winning service, complimentary Starlink high-speed Wi-Fi is now available on all Airbus flights between Hawaiʻi and the continental U.S., Asia and Oceania.
Hawaiian has served Sydney since 2004 and Auckland since 2013. Australia’s largest city is one of Hawaiian’s first long-haul destinations, and Honolulu-Sydney is one of its most traveled international routes.
About Alaska Air Group
Alaska Air Group, Inc. is based in Seattle and comprised of subsidiaries Alaska Airlines, Hawaiian Holdings, Inc., Horizon Air and McGee Air Services. With our recent acquisition of Hawaiian Airlines, we now serve more than 140 destinations throughout North America, Central America, Asia and the Pacific. We are committed to safety, remarkable customer care, operational excellence, financial performance and sustainability. Alaska Airlines is a member of the oneworld Alliance. With oneworld and our additional global partners, our guests have more choices than ever to purchase, earn or redeem on alaskaair.com across 30 airlines and more than 1,000 worldwide destinations. Book travel throughout the Pacific on Hawaiian Airlines at hawaiianairlines.com. Learn more about Alaska Airlines at news.alaskaair.com and Hawaiian Airlines at newsroom.hawaiianairlines.com/blog. Alaska Air Group is traded on the New York Stock Exchange (NYSE) as “ALK.”
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HONOLULU – Hawaiian Airlines today began welcoming Hawai‘i residents to Huaka‘i by Hawaiian, a free program that offers kama‘āina guests even greater value when flying with Hawai‘i’s hometown carrier. Members will enjoy a free checked bag – inclusive of surfboards, golf bags, and other sports equipment – on Neighbor Island flights, 10 or 20% off one Neighbor Island booking per quarter, and network-wide deals monthly.
“Huaka‘i by Hawaiian is our special way to mahalo Hawai‘i residents for their support of our airline, and to further acknowledge our vital role in bringing our island communities together for now 95 years,” said Hawaiian Airlines CEO Joe Sprague. “Kama‘āina who already enjoy our superior service and convenient schedule of some 150 daily Neighbor Island flights will find it even easier to travel between the islands to visit family and friends, do business, or take a staycation.”
Hawai‘i residents only need to have a HawaiianMiles account with a Hawai‘i mailing address to become a Huaka‘i by Hawaiian member online at www.HawaiianAirlines.com/Huakai. Hawaiian will email members their first quarterly Neighbor Island discount code (10% for all members, and 20% for Hawaiian Airlines® World Elite Mastercard ® cardmembers) on Dec. 18 for travel starting Jan. 8 and beyond. Beginning on March 1 of next year, discount codes – which can be applied to one-way or roundtrip tickets in Coach and First Class – will be emailed on the first day of the month prior to the start of a new quarter.
The free checked bag allowance – which includes surfboards, a golf bag and other sports equipment – will be available on Neighbor Island flights starting Jan. 8. Guests who book travel with their Hawaiian Airlines® World Elite Mastercard® will continue to receive two free checked bags.
In addition to Neighbor Island benefits, Huaka‘i by Hawaiian members will be the first to know about fare discounts for flights across Hawaiian’s domestic and global network. More details will be shared when deals become available in January.
About Hawaiian Airlines
Now in its 95th year of continuous service, Hawaiian is Hawaiʻi's largest and longest-serving airline. Hawaiian offers approximately 150 daily flights within the Hawaiian Islands, and nonstop flights between Hawaiʻi and 16 U.S. gateway cities, as well as service connecting Honolulu and American Samoa, Australia, Cook Islands, Japan, New Zealand, South Korea and Tahiti.
Consumer surveys by Condé Nast Traveler and TripAdvisor have placed Hawaiian among the top of all domestic airlines serving Hawaiʻi. The carrier was named Hawaiʻi's best employer by Forbes in 2024 and has topped Travel + Leisure’s World’s Best list as the No. 1 U.S. airline for the past two years. Hawaiian has also led all U.S. carriers in on-time performance for 18 consecutive years (2004-2021) as reported by the U.S. Department of Transportation.
The airline is committed to connecting people with aloha by offering complimentary meals for all guests on transpacific routes and the convenience of no change fees on Main Cabin and Premium Cabin seats. HawaiianMiles members also enjoy flexibility with miles that never expire. As Hawai‘i’s hometown airline, Hawaiian encourages guests to Travel Pono and experience the islands safely and respectfully.
Hawaiian Airlines, Inc. is a subsidiary of Alaska Air Group. (NYSE: ALK). Additional information is available at HawaiianAirlines.com. Follow Hawaiian’s Twitter updates (@HawaiianAir), become a fan on Facebook (Hawaiian Airlines), and follow us on Instagram (hawaiianairlines). For career postings and updates, follow Hawaiian’s LinkedIn page.
For media inquiries, please visit Hawaiian Airlines’ online newsroom.
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‘Tis the season for nonstop service between Hawai‘i and New Zealand! Hawaiian Airlines today welcomed over 200 guests, all eager to begin their tropical holiday or connect to the continental U.S. following the resumption of HA446, the carrier’s seasonal Auckland-Honolulu flight.
“A tremendous level of care has gone into ensuring the return of our service was a success — for both our wonderful guests and incredible employees, who are just as excited to serve this important part of our network,” said Russell Williss, country director for New Zealand at Hawaiian Airlines.
Hawaiian’s Auckland (AKL) seasonal service will operate three flights weekly on its 278-seat Airbus A330 through April 30, 2025. HA445 will depart HNL on Mondays, Wednesdays and Fridays at 1:05 p.m., arriving in AKL at 9:20 p.m. the next day. HA446 will depart AKL on Tuesdays, Thursdays and Saturdays at 11:30 p.m., with a 9:15 a.m. same-day arrival at HNL, allowing guests to settle in and explore O‘ahu or connect to any of the carrier’s Neighbor Island destinations.
For the first time, Kiwi travelers will enjoy complimentary high-speed Starlink Wi-Fi throughout their transpacific journey. Guests can also connect to over 140 destinations across Hawaiian and Alaska Airlines’ combined network, bridging New Zealand's most populous region with seamless connectivity to new sights and cities across North and Central America.
“We love connecting people with aloha and take our decade-long commitment to connecting New Zealand with Hawai‘i and the United States (and vice versa) very seriously,” Williss said.
“There’s no greater thrill than seeing our Kiwi travelers light up when they see our Pualani tail at Auckland Airport and know they’re about to embark on a memorable travel experience that no other airline can provide.”
Hawaiian Airlines has served the Auckland market since March 2013, helping bridge the two archipelagos and their communities. Despite a geographical divide that spans approximately 4,400 miles of ocean, Hawai‘i and New Zealand (Aotearoa) are often thought to be bonded by a shared dedication to their culture, language and Pacific Island heritage.
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Ridwell and Alaska Airlines teamed up to reduce landfill waste by collecting recyclables during 70 regional test flights operated by our sister carrier, Horizon Air, throughout our regional network.
17.1 pounds of films and multi-layer plastics were responsibly recycled and delivered to local and sustainable partners as a result of the test.
For nearly 20 years as a flight attendant, Zoie B. has seen firsthand how the airline industry has evolved to embrace more sustainable practices. As a member of our Green Team business resource group, she was excited to take part in Alaska Airlines’ first feasibility test in partnership with Ridwell, aimed at reducing inflight waste headed to landfills.
Renowned for their innovative recycling services in the Pacific Northwest, Ridwell responsibly recycles multi-layer plastic items, and their partners turn them into cool new products like building materials and leach-free stormwater drainage material.
I was motivated to test for Ridwell because I love the service they provide. I firsthand see all the waste that comes from inflight service (although we’ve gotten a lot better) and I’d love to see us continue to improve on this.”
This past summer, Alaska Airlines became the first airline to partner with Ridwell to tackle hard-to-recycle waste onboard flights—items like Biscoff cookie wrappers, pretzel bags, and other snack packaging that usually end up in landfills.
Through our partnership with Ridwell, Alaska Airlines is pioneering innovative solutions to reduce plastic waste from our inflight service, focusing on materials that are often not accepted by local recycling facilities. This initiative aligns with our broader sustainability goals to minimize waste and promote more eco-friendly practices across all aspects of our operations.”
This past summer, Alaska Airlines became the first airline to partner with Ridwell to tackle hard-to-recycle waste onboard flights—items like Biscoff cookie wrappers, pretzel bags, and other snack packaging that usually end up in landfills.
“By partnering up with Alaska Airlines, Ridwell is helping reduce plastic and waste even in the air, showing that Ridwell’s eco-friendly services help make a positive impact far beyond Seattle,” said Scott Coughlan, Environmental Sustainability Program Manager.
“We were thrilled to see how much of the waste generated on flights could be recycled through our partnership with Alaska. Ridwell looks far and wide for innovators who can fill gaps in our recycling system. Rather than heading to a landfill, hard-to-recycle plastics like snack wrappers were turned into new products right here in the US. In competitive industries, we believe consumers will increasingly choose to support brands who take meaningful steps to be more sustainable. Ridwell is positioned to be a key partner in these efforts. It was great to see another Seattle-based company take steps toward making zero waste flights a reality.”
Over the course of 70 flights around our regional network, the feasibility test successfully diverted 17.1 pounds of films and multi-layer plastics from landfills through Ridwell’s responsible recycling methods. This test marked a promising step forward in Alaska Airlines’ commitment to reducing inflight waste, part of its 2025 sustainability goals announced in 2021.
“We discarded wrappers mainly into the Ridwell bag — pretzel, Biscoff wrappers and then other wrappers we collected from passengers. It was a great feeling to know that these items were not going in the landfill,” said Zoie.
Zoie and a group of other Horizon flight attendants, collected trash in special Ridwell bags as part of the test to reduce the amount of plastic and trash from going to waste, resulting in:
As someone who already recycles, it was just nice knowing that our efforts were being pushed even further toward sustainability.”
About Ridwell
Seattle-based Ridwell finds ways for people to recycle and reuse more stuff from home, picking up items that can’t be recycled curbside—things like soft plastic film, crinkly plastic snack packaging, light bulbs, small electronics, and textiles. All you have to do is fill reusable bags for doorstep pickup and Ridwell takes care of the rest, making sure everything gets properly recycled or reused. More than 100,000 Ridwell members across eight metro areas have saved over 25 million pounds of waste from landfills since 2018. Learn more at Ridwell.com.
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Alaska Airlines is launching premium products this fall, including Lagunitas Hoppy Refresher (the first ever for a major U.S. airline!), Straightaway Nitro Espresso Martini with Stumptown Coffee, Filson blankets for First Class, and Salt & Stone amenities in Lounges and on board.
These offerings reflect the airline’s passion for the West Coast lifestyle and commitment to high-quality, unique experiences for guests.
Partnerships with local brands like Lagunitas, Filson, and others are a true reflection of our dedication to regional pride and enhancing the onboard experience.
Alaska Airlines is excited to introduce a suite of new premium products to enhance the onboard experience, reflecting our passion for the West Coast lifestyle and providing guests with a touch of opulence and authenticity.
Starting this fall, guests will enjoy Lagunitas Hoppy Refresher, a non-alcoholic sparkling water with a refreshing hoppy kick; Straightaway Nitro Espresso Martini made with Stumptown Coffee Roasters for a smooth, inflight indulgence; a Filson blanket for our First Class guests to enjoy top-tier comfort mid-air; and Salt & Stone amenities for guests in our Lounges and on board to refresh and rejuvenate.
Our guests value unique, high-quality experiences, and these new products allow us to elevate their journey while bringing a bit of regional pride to every flight. Partnering with Lagunitas, Filson, Salt & Stone and other West Coast companies is reflective of our commitment to support local brands and provide the ultimate premium guest experience.”
Alaska is proud to be the first U.S. major airline to serve hoppy water, a non-alcoholic alternative that is becoming increasingly popular among health-conscious and craft beverage enthusiasts alike. Starting Nov. 20, Lagunitas Hoppy Refresher will be complimentary to all First Class and Premium Class guests, and available for purchase in the Main Cabin. Lagunitas Hoppy Refresher is made by the renowned Petaluma-based brewery. The non-alcoholic sparkling water is brewed with hops for a crisp, citrusy twist – perfect for a refreshing sip at 35,000 feet.
This ready-to-enjoy cocktail is crafted with smooth espresso made by Portland-based Stumptown Coffee Roasters – our coffee partner behind the custom blend announced last year. This classic cocktail adds a dash of sophistication and fits perfectly into the Alaska experience.
Heck, we’re jazzed to get up in the air with Alaska Airlines and welcome their flyers into our pack of misfits offering them a crispy, zingy, hoppily refreshing sparkling water to kick back and enjoy throughout their flight.”
While sipping on one of our new premium beverages, envelop yourself in Alaska’s new First Class blanket, designed in partnership with Filson — the iconic Pacific Northwest-based outdoor outfitter. Crafted from soft, durable fabrics, the blanket offers comfort and style, ensuring that our First Class guests stay snug on long-haul flights.
“Filson is proud to partner with Alaska Airlines, a fellow Seattle-based company, to bring a taste of our outdoor gear to the skies. We designed this First Class blanket with care and attention to ensure passengers experience comfort and style during their journey. Whether you’re headed across the country or your next outdoor adventure, this blanket is made to keep you warm during your journey with Alaska,” said Alex Carleton, chief creative officer at Filson.
To further elevate the travel experience, Alaska is introducing Salt & Stone soap and lotion in all our Alaska Lounges and onboard restrooms. The bright citrus notes of Italian Bergamot, grapefruit and orange blossom awakens your senses while the earthy warmth of vetiver, hinoki and amber grounds and soothes. Known for their natural, high-performance ingredients, Salt & Stone’s products reflect Alaska’s focus on self-care and comfort.
The Lagunitas Hoppy Refresher and Straightaway Nitro Espresso Martini will be available across our fleet starting Nov. 20. The First Class Filson Blanket will be introduced on select long-haul and coast-to-coast routes starting early December. Salt & Stone products will debut onboard at the beginning of next year.
Explore our complete new beverage lineup launching Nov. 20! Discover selections like:
Plus, enjoy our fresh Fall menu, already available on board.
All our guests, no matter where they sit, can enjoy a premium culinary experience when traveling on Alaska.
Fueled by our industry leading pre-order program, our inflight menu continues to offer more choices than any other U.S. airline. We recently added hot meals made with fresh and locally sourced ingredients to our Main Cabin menu on flights over 1,100* miles.
Guests can now choose from up to five chef-curated dishes, including at least one hot meal option. Along with our freshly prepared food offerings like our Signature Fruit & Cheese Platter, our hot meals are only available for pre-order purchase two weeks to 20 hours before your flight. With Alaska Airlines, you can purchase food on most flights over 1,100 miles. You can pre-order hot and fresh meals via the Alaska App or alaskaair.com.
*Hot meal options may not be available on some flights, including redeye flights or where catering is not available
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Five key leaders are elevated to vice president positions as we work to deliver on the value of our combination with Hawaiian Airlines.
The Alaska Airlines board of directors has elected five new executives in key areas of the company as the airline continues to evolve and deepen its leadership team in support of continued growth and delivery on the value of its combination with Hawaiian Airlines. These leaders are in roles that have expanded significantly with the breadth of the combined airline and in today’s dynamic and highly regulated environment. Each will be responsible for delivering outcomes that enable the company to be the airline of choice for connecting guests from the West Coast to the world through an innovative travel experience rooted in care and exceptional operational performance.
Our company is positioned for continued growth and success in the years ahead, and I am extremely grateful for the entire team that got us to this point and who will realize our vision for the future. Today, I am particularly excited to announce the promotion of five leaders who have had a tremendous impact on our company in the last few years – and who will help us delight our guests, power our growth and further enhance brand loyalty in the years ahead. These leaders reflect our values while delivering great outcomes for our guests, employees, owners and communities.”
Natalie Bowman, as vice president of digital experience, will drive Alaska Airlines’ digital transformation by enhancing the customer experience across all digital touchpoints. Bowman will lead teams in product management, design, and software engineering to deliver seamless digital interactions for Alaska’s customers. Collaborating closely with marketing, guest experience, and product teams, Bowman will focus on developing seamless travel experiences that drive brand loyalty.
Bowman most recently served as managing director of digital product & design, overseeing guest-facing digital platforms such as the website, mobile app, and airport digital experience. Previously, she was managing director of marketing & advertising. Bowman has been with Alaska eight years, playing a key role in advancing the airline’s digital strategy, implementing machine-learning to enhance marketing effectiveness, enabling app personalization, and pioneering GenAI travel innovations. In addition to her role at Alaska, Bowman serves on the Board of Trustees for the Washington State Historical Society and is a former President of the Junior League of Seattle. Originally from Texas, she holds a business degree from the University of Texas at Austin.
As part of his new role as vice president of legal, Cameron Cloar-Zavaleta will continue to lead Alaska Air Group’s regulatory efforts related to the Hawaiian Airlines merger, while managing a diverse portfolio within the legal team, including regulatory affairs, litigation, compliance, and labor and employment. Cloar-Zavaleta served a pivotal role in Alaska Air Group’s acquisition of Hawaiian Airlines and the regulatory review and clearance process. As vice president, he will continue to liaise with government agencies and oversee policies and procedures to ensure compliance and position Alaska Air Group for continued success.
Cloar-Zavaleta has more than 15 years of legal experience previously serving at the major law firm Nixon Peabody and at two airlines before joining Alaska Airlines in 2018. While at Alaska, Cloar-Zavaleta has held progressive leadership roles as director of litigation, managing director of litigation and regulatory law, and deputy general counsel. Prior to beginning his legal career, Cloar-Zavaleta was a pilot and first officer at Mesa Air Group, elected ALPA representative, and held the roles of flight instructor and check instructor, supporting pilot development initiatives. His unique passion for the law and the airline industry led him to transition out of the flight deck to specialize in aviation law. Cloar-Zavaleta is a graduate of Arizona State University with a bachelor’s degree in aviation flight science and earned a juris doctor degree from the University of San Francisco School of Law.
As vice president of public and government affairs, Megan Ouellette will lead Alaska Airlines’ governmental strategy and community relations initiatives. A 20-year industry veteran, Ouellette will lead an integrated team driving engagement in public policy and with government officials, advocating for policies that support Alaska Airlines’ vision and growth, and ensuring a positive impact in the communities the airlines serve while strengthening the airline’s engagement in local markets.
Prior to her promotion, Ouellette’s served as managing director of government and community affairs at Alaska Airlines. She joined Alaska in 2005 as its director of government affairs in the airlines’ Washington, D.C., office, where she spearheaded advocacy efforts across various regulatory and policy issues impacting the industry. Before joining Alaska, Ouellette worked in the U.S. Congress, managing air transportation and homeland security issues. An attorney with a deep commitment to public service, she previously practiced law at Winterbauer & Diamond PLLC in Seattle. Ouellette holds a juris doctor degree from Seattle University School of Law and is a member of the Washington State Bar Association. She also studied international and comparative law at Trinity College in Dublin and earned a bachelor’s degree in political science from the University of Washington.
In her new role as vice president of communications, Alexa Rudin will set and execute Alaska Airlines’ comprehensive communications strategy, guiding internal and external communication, executive communications, issues management and crisis communications. Rudin will oversee a team dedicated to promoting and protecting Alaska and Hawaiian’s brands and reputations across domestic and international markets. Using an integrated communications approach, Rudin will cultivate engagement in Alaska Airlines’ vision, culture of care, operational and financial performance, and other key objectives for its combined workgroups and stakeholders.
Rudin brings more than 20 years of strategic communications experience to her new role. As managing director of communications at Alaska, she led internal and external communications for Alaska Airlines and Horizon Air. She has extensive experience in crisis and issues management, orchestrating global product launches, employee communications, media relations, and overseeing partnerships, consolidations, and leadership transitions. Prior to joining Alaska in 2020, Rudin held communications leadership positions at Nordstrom, Vulcan and Levi Strauss & Co. She currently serves on the boards of King County Sexual Assault Resource Center and Seattle Theater Group. Rudin earned a bachelor’s degree in English from the University of California at Davis and is a University of Washington Foster School of Business Executive MBA candidate (June 2025).
As vice president of guest products & experience, Todd Traynor-Corey will oversee the strategic vision and operational execution of both Alaska’s and Hawaiian Airlines’ guest products and overall travel experience. His responsibilities include airport lounges, inflight food and beverage, inflight experience, inflight connectivity, contact centers and the broader premium guest experience. Traynor-Corey’s leadership will ensure Alaska continues to deliver best-in-class service that distinguishes it as a preferred airline for domestic and international travelers alike.
Traynor-Corey brings more than 20 years of airline industry experience focused on enhancing guest services. As managing director of guest products, Traynor-Corey led Alaska’s inflight dining transformation, integrating partnerships with Stumptown Coffee and local craft brands, while expanding sustainable menu offerings. He also oversaw the expansion of Alaska Lounges, launching a two-tier membership model, and led major cabin upgrades to improve the customer experience. Traynor-Corey’s prior experience includes leadership roles at airlines including United, Northwest and Delta, specializing in premium in-flight and airport services. He holds an MBA from Roosevelt University and a bachelor’s in aviation administration from Farmingdale State University.
About Alaska Air Group
Alaska Air Group, Inc. is based in Seattle and comprised of subsidiaries Alaska Airlines, Hawaiian Holdings, Inc., Horizon Air and McGee Air Services. With our recent acquisition of Hawaiian Airlines, we now serve more than 140 destinations throughout North America, Central America, Asia and across the Pacific. We are committed to safety, remarkable customer care, operational excellence, financial performance and sustainability. Alaska Airlines is a member of the oneworld Alliance. With oneworld and our additional global partners, our guests have more choices than ever to purchase, earn or redeem on alaskaair.com across 30 airlines and more than 1,000 worldwide destinations. Book travel throughout the Pacific on Hawaiian Airlines at hawaiianairlines.com. Learn more about Alaska Airlines at news.alaskaair.com and Hawaiian Airlines at newsroom.hawaiianairlines.com/blog. Alaska Air Group is traded on the New York Stock Exchange (NYSE) as “ALK.”
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Ken C., a Special Operations combat veteran and safety and standards manager at Alaska Airlines, shares in the video and story below how his dedication to service extends beyond the battlefield and how his military experience seamlessly translates into his aviation career.
Learn more about the various ways we honor U.S. military members and their families below.
This Veterans Day, we honor and express gratitude for those who have served our country and those who have served in the military forces of any nation. Their dedication and sacrifice safeguard our freedoms and strengthen our communities. At Alaska Airlines, we are proud to have Veterans on our team who bring leadership, resilience, and unique perspectives to our operations.
One such individual is Ken C., a Special Operations combat veteran and safety and standards manager. Ken’s journey from military service to aviation reflects his dedication to service beyond the battlefield.
“That journey out of uniform is very challenging,” he said. “If I can make that journey easier for others, that’s really rewarding.”
Video by Karina Matias
Ken supports fellow veterans through his role on Alaska’s Military, Veterans, and Allies Business Resource Group (BRG), helping job seekers, building connections and advocating for Veterans. He’s also involved in programs like Honor Flight and the Fallen Soldier Program, which honor and assist veterans and their families.
“I get to be an advocate, bring the military voice to the business, and expose people to a community they might not know.”
At Alaska Air Group, we are committed to supporting our Veteran colleagues and active-duty military members, who make up more than 7% of our workforce. We are grateful for their service and the sacrifices made by them and their families. Ken’s story reflects the strength of our community and the power of shared service. We take our responsibility to care for military guests seriously, ensuring their needs are a priority on every flight.
This Veteran’s Day, we’re honored to share Ken’s story. We deeply appreciate the service and sacrifices made by active ]duty military and veterans, along with their families. We are proud that Ken’s service inspired his career path and grateful for his dedication to championing fellow veterans and amplifying their voices within the airline industry.
Our “I Am…” Campaign kicked off in January to celebrate Heritage Months and the diversity of our employees. Keep an eye out for the “I Am…” logo throughout the year to read their inspiring stories.
We offer special military fares to active duty military and their dependents in some markets. These fares apply to service members traveling on an official excused absence, and those discharged from active duty military service in any one of the US military agencies.
When it’s time to fly, listen closely to the announcements at the gate. Our gate agent will offer active members of the military the opportunity to board the flight early. Stow your bags before most guests and settle into your seat to relax.
For active duty US military personnel, and military dependents with travel orders, we’ll check your first 5 bags for free.
Members of the military and their families get a 15% discount on food purchased during a flight with us. Just show your military ID to our flight attendant, and then prepare to snack.
Alaska Lounge Day Passes are complimentary for U.S. military personnel traveling on official government-sponsored travel booked through SATO and ticketed to fly on an Alaska flight departing within 3 hours. All other active duty military personnel with a valid Military ID, traveling on a paid or award ticket, may purchase a day pass at the discounted rate of $30 when traveling on Alaska. Available in all Alaska Lounge locations, subject to space availability. A valid Military ID must be presented.
We offer a discount on our flights for members of WeSalute. If you’re already a member, sign into your WeSalute to redeem your discount. If you’re not yet a member, enroll today to start saving on Alaska Airlines flights.
Trained service animals travel for free with proper documentation. Plus, we offer active military members and their dependents a pet shipping discount on Alaska Air Cargo.
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Enjoy these perfect menu and movie pairings for a memorable in-flight experience this holiday season!
With over 800 free movies and TV shows—from hot new releases to holiday classics—we’ve got your ticket to entertainment!
Food is available for purchase on most flights over 1,100 miles. Guests can pre-order hot and fresh meals up to 20 hours before your flight via our mobile app or alaskaair.com.
As the holiday season approaches, we’re excited to elevate your travel experience with festive fall flavors and flicks, bringing joy to every bite and blockbuster on your journey.
Starting Nov. 6, guests can enjoy our freshly curated fall menu and movie combos to make holiday travel cozier & more delightful. Whether you’re in the mood for savory Maple Chicken paired with a feel-good comedy or craving a flavorful Mediterranean Falafel Bowl alongside a laugh-out-loud holiday classic, we’ve got the perfect dish and movie for you!
Ingredients: Designed in partnership with Evergreens™: Romaine and mixed mesclun greens, ancient grain mix, jalapenos, roasted sweet potato and sweet bell pepper, topped with roasted sunflower seeds and feta cheese, along with a bright chimichurri sauce and a savory spicy tahini dressing.
Available in: Main Cabin
Ingredients: Tender pork loin and Black Forest ham with pickle, mustard and Swiss cheese served on King’s Hawaiian® sweet slider buns. Served cold.
Available in: Main Cabin
Ingredients: Cheese the day with this signature crowd pleaser. Featuring: Beecher’s® Flagship cheese, Tillamook® sharp cheddar, brie, Partners® crackers, Seattle Chocolate truffle.
Available in: Main Cabin
Ingredients: Maple & herb marinated seared chicken breast, topped with a black pepper & thyme jus sauce, served with a creamy potato gratin, and roasted Brussel sprouts. (Made without Gluten Ingredients)
Available in: First Class – Lunch/Dinner | Elf arriving in December
Ingredients: Tender braised, boneless adobo beef served with Spanish-style rice, plantains, green salsa, and cotija cheese. Topped with fresh pico-de-gallo. (Made without Gluten Ingredients)
Available in: First Class – Lunch/Dinner
Ingredients: Slow braised steak topped with a cranberry balsamic jus sauce, served alongside creamy red potato mash and roasted baby carrots. (Made without Gluten Ingredients)
Available in: First Class – Lunch/Dinner
Ingredients: Baked squash & cheese frittata made with cage-free eggs, served with pan-seared chicken breakfast sausage, herb roasted potatoes and a red pepper sauce. Hot sauce available upon request. (Made without Gluten Ingredients)
Available in: First Class – Breakfast
Ingredients: Buttermilk & spiced-apple pancakes, served with a salted caramel sauce, seared chicken-apple sausage, and cage-free creamy scrambled eggs. Syrup served upon request.
Available in: First Class – Breakfast
Ingredients: Fried chickpea falafel patties, served on top of a cauliflower mash, roasted baby carrots, and black garlic, topped with a spicy romesco sauce. (Made without Gluten Ingredients & Vegan. Pre-order only)
Available in: First Class – Lunch/Dinner
Ingredients: A selection of the best snacks in the Northwest. Featuring: Boulder Canyon classic sea salt potato chips, Old Wisconsin® beef salami Stick, Madi K’s whole natural sea salt roasted almonds, Glacier Ridge Farms™ smoked gouda gourmet cheese spread, La Panzanella multigrain Croccantini, Brown & Haley Almond Roca®. Purchase onboard/pre-order.
Available in: Main Cabin | Deadpool & Wolverine arriving in December
Ingredients: Fun, flavorful fuel for young flyers. Featuring: Pirate’s Booty white cheddar puffs, Old Wisconsin® honey brown sugar turkey snack stick, Tree Top® strawberry applesauce, KIND® Kids chewy chocolate chip granola bar, Albanese® Ultimate gummi bears, and a Wikki Stix Play Pack. Purchase onboard/pre-order.
Available in: Main Cabin
This fall, we’re thrilled to welcome back the beloved “Beets So Fly” salad, designed in partnership with Evergreens ™ to our Main Cabin! Just in time for the holiday season, this vibrant dish is sure to brighten your flight.
Picture this: Crisp romaine and mixed greens tossed with pickled beets, zesty pickled red onions, refreshing cucumbers, crunchy walnuts, and creamy feta, all topped off with a sprinkle of black pepper and a drizzle of Dijon balsamic dressing. Plus, it’s served with delicious roasted chicken!
With Alaska Airlines, you can purchase food on most flights over 1,100 miles. You can pre-order hot and fresh meals via the Alaska App or alaskaair.com. Just place your order two weeks to 20 hours before your flight.
Pro tip: Get 20% back on all Alaska Airlines inflight purchases when you pay with your Alaska Airlines Visa Signature® or Visa® Business card.
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HONOLULU – The storied history of Hawaiian Airlines, Hawaiʻi’s longest-serving carrier that introduced commercial air travel to the Islands in 1929, is being commemorated through an exclusive retail partnership with ALOHA Collection, the original splash-proof accessories brand. Starting today, in collaboration with luxury retailer DFS Hawaiʻi, a special edition Hawaiian Airlines 95th Anniversary Collection is available at the ALOHA Collection’s store in Honolulu’s Ala Moana Center, DFS Waikīkī, DFS Daniel K. Inouye International Airport and at www.Aloha-Collection.com.
The 11-piece collection features vintage takes on ALOHA Collection fan-favorite accessories. A new, aviation-inspired style called the Flight Bag honors the 1970s era of the Hawaiian Airlines’ brand, which in 1973 introduced a montage of warm, sunrise-hues and the first iteration of Hawaiian’s iconic Pualani, a distinct symbol of the carrier’s history and one of the few feminine figures to front an airline. Made from ALOHA’s signature KEEP IT LIGHT® Nylon, Flight Bag is lightweight and packable, making it a perfect stowaway you won’t want to leave home without.
“This colorful collaboration is the perfect opportunity for our guests and ALOHA Collection fans to join our anniversary celebration with beautiful accessories that show their love for our brand no matter where they go, from island hopping at 25,000 feet to beach-front shopping in Waikīkī,” said Alisa Onishi, senior director of brand and community at Hawaiian Airlines.
Items in the Hawaiian Airlines 95th Anniversary Collection retail between $20-74, and include:
Cutie in Vintage Pualani ($20)
This cute little clip-on pouch keeps small essentials close at hand while adding a pop of Splash-Proof fun on the fly! Attach it to your keys or favorite your bag while running errands, hitting the gym, or hanging at the beach.
Small Pouch in Puakolu and Vintage Hawaiian ($36)
This versatile pouch will keep your belongings safe from spills and splashes at the beach or pool and organize your everyday essentials. It’s perfectly “suited” for use as a wet bikini bag, or carry one as a cute clutch for a night on the town!
Mid Pouch in Lei Pualani ($46)
Meet your new favorite travel companion. Stow toiletries inflight to prevent luggage leaks, pack tech and travel gear to keep your carry-on organized, or keep beach day essentials like sunscreen, sunnies, and cover-ups in one easy-to-find place!
Le Tour in Scenic Route and Puakolu ($54)
The Le Tour crossbody bag combines fashion and function. With its compact design and interchangeable strap, it’s the perfect accessory for any occasion. Dress it up or dress it down–it’s your style, your way!
Day Tripper in Lei Pualani ($74)
This do-anything, go-anywhere bag will keep your stuff protected against splashes, spills, and weather while you go from point A to point B. Carry it on a flight, take it to the beach, or use it as your diaper bag.
Hip Pack in Scenic Route ($50)
Stay organized and stylish on the go with the Keep It Light Nylon Hip Pack. This spacious pack features secure pockets and two-way wear (hip or crossbody) for ultimate comfort and versatility. Catch flights, explore cities, or hit the trails – it's your everyday essential, elevated.
Backpack in Scenic Route ($66)
Ultra lightweight, durable, and effortlessly organized, this backpack is your perfect on-the-go companion. With a padded laptop sleeve, quick-access pockets, and comfortable straps, it offers all-day comfort and convenience. Its trolley sleeve securely attaches to your rolling suitcase, making travel days a breeze.
EXCLUSIVE Flight Bag in Vintage Hawaiian ($70)
Made from ALOHA’s signature KEEP IT LIGHT® Nylon, the special edition Hawaiian Airlines Flight Bag is a must-have for your collection of ALOHA, adding a touch of nostalgia to your adventures.
Weekender in Vintage Hawaiian ($74)
This sleek, lightweight, and durable duffle, crafted from ripstop nylon, seamlessly blends style with functionality. Become a carry-on pro with the built-in trolley sleeve that lets you secure the duffle to your luggage for effortless airport navigation. Keep essentials organized with pockets and carry them comfortably with padded handles.
To view the full 95th Anniversary Collection, visit Aloha-Collection.com/collections/Hawaiian-Airlines.
About ALOHA Collection
ALOHA Collection was born out of a love for travel, adventure, and the ocean. Founded by surfer/flight attendant Rachael Leinaʻala, and Kauaʻi native Heather Aiu, in the summer of 2014 with a single bag, a shared dream, and a Kickstarter campaign. Their initial launch was a success and soon after the brand took off. Retailers in Hawaiʻi were quick to embrace the line as these bags were unlike anything else on the market. As more doors opened, ALOHA Collection’s popularity grew. Today you can find ALOHA Collection fans all over the world. This California-based brand with Hawaiian roots has grown into a true lifestyle brand. When not at home, you will now find Heather and Rachael running through international airports, cruising cafes in Europe, working from taxis in NYC, or on the beaches of Hawaiʻi dreaming up their latest inspiration. WEBSITE || INSTAGRAM #travellightwithus
About Hawaiian Airlines
Now in its 95th year of continuous service, Hawaiian is Hawaiʻi's largest and longest-serving airline. Hawaiian offers approximately 150 daily flights within the Hawaiian Islands, and nonstop flights between Hawaiʻi and 16 U.S. gateway cities, as well as service connecting Honolulu and American Samoa, Australia, Cook Islands, Japan, New Zealand, South Korea and Tahiti.
Consumer surveys by Condé Nast Traveler and TripAdvisor have placed Hawaiian among the top of all domestic airlines serving Hawaiʻi. The carrier was named Hawaiʻi's best employer by Forbes in 2024 and has topped Travel + Leisure’s World’s Best list as the No. 1 U.S. airline for the past two years. Hawaiian has also led all U.S. carriers in on-time performance for 18 consecutive years (2004-2021) as reported by the U.S. Department of Transportation.
The airline is committed to connecting people with aloha by offering complimentary meals for all guests on transpacific routes and the convenience of no change fees on Main Cabin and Premium Cabin seats. HawaiianMiles members also enjoy flexibility with miles that never expire. As Hawai‘i’s hometown airline, Hawaiian encourages guests to Travel Pono and experience the islands safely and respectfully.
Hawaiian Airlines, Inc. is a subsidiary of Alaska Air Group. (NYSE: ALK). Additional information is available at HawaiianAirlines.com. Follow Hawaiian’s Twitter updates (@HawaiianAir), become a fan on Facebook (Hawaiian Airlines), and follow us on Instagram (hawaiianairlines). For career postings and updates, follow Hawaiian’s LinkedIn page.
For media inquiries, please visit Hawaiian Airlines’ online newsroom.
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Alaska Airlines Mileage Plan members can earn Elite-Qualifying Miles by purchasing sustainable aviation fuel (SAF) credits, providing an eco-conscious alternative to mileage runs through December 31, 2024.
Mileage Plan members can take action on their travel-related emissions and earn up to 5,000 EQMs per year.
Through partnerships with companies like Microsoft, and groundbreaking efforts with E-Jet® fuel, Alaska is advancing SAF development as part of its “EverGreen journey” to decarbonize aviation.
After a successful test year in 2023, Alaska Airlines has brought back the opportunity for loyal guests to earn their elite status by supporting sustainable aviation fuels (SAF). The program provides guests with the ability to take action on their travel-related carbon emissions by purchasing SAF credits while also earning Elite-Qualifying Miles (EQMs).
Software partner Chooose enables this online offering. Through December 31, 2024, Alaska Mileage Plan members will earn 500 EQMs per $100 of SAF credits purchased (with a 5,000 EQM limit) when purchasing SAF credits via a booking on alaskaair.com. Or by visiting alaskaair.chooose.today/eqm.
These funds will contribute to the purchase and use of SAF while providing a sustainability-aligned way to reach that year-end mileage target and earn elite status for the year ahead. Last year, the airlines launched a similar program with great success, supporting over 500,000 gallons of SAF with 8.6% of participating Mileage Plan members maximizing their contribution of $1,000.
This offering is linked to the feature Alaska launched in May of 2024, which gives guests the choice to voluntarily support SAF by purchasing SAF credits during the booking process. Guests can choose to support SAF in an amount based on a percentage of the estimated emissions footprint associated with their flying when they book a ticket on alaskaair.com.
While SAF is a critical part of the journey to decarbonize aviation, it will take all of us to grow supply and make it commercially viable for widespread use. Alaska has an all-in approach to advance SAF, including engaging our guests in the journey while helping them meet their elite status goals.”
SAF is currently 2 to 7 times more expensive than jet fuel and there isn’t enough SAF to meet demand, with less than 1% of current demand being produced globally. Alaska has been a leader in advancing the market for SAF and since 2010, has worked with a coalition of partners to advance SAF – which can produce up to 80% lower carbon emissions than traditional jet fuel on a life cycle basis – on multiple fronts including:
Partnerships with companies like Microsoft and others, to work towards reducing emissions from business travel;
Being the first U.S. carrier to fly several routes using SAF in 2011;
Working with the Department of Energy and Wells Fargo to convene a daylong conversation on the opportunities and challenges in scaling SAF with stakeholders across multiple industries, finance, SAF production, policy, infrastructure, research and academia;
An agreement with E-Jet® company Twelve to collaborate on and execute the first commercial flight powered by E-Jet® fuel – produced using recaptured carbon. Alaska recently participated in the company’s Series C funding round;
Generated $318 million in operating cash flow for the third
Held $2.5 billion in unrestricted cash and marketable securities as of September 30, 2024.
And an agreement with Shell Aviation to expand the SAF market while working together to deepen the understanding of the technology, infrastructure, carbon accounting systems and public policy support needed to scale supply;
This program is part of Alaska’s continued sustainability strategy, the company’s “EverGreen journey,” and includes immediate actions and long-term investments to reduce the carbon emissions of our operations, minimizing waste, and protecting local ecosystems.
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Alaska Air Group led the industry with a 13% pretax margin.
The acquisition of Hawaiian Airlines was completed and integration work is underway.
We’re on track to finish the year strong and expect to be among the top 3 pre-tax margin producers in the industry for the full year.
Alaska Air Group (NYSE: ALK) today reported financial results for the third quarter ending September 30, 2024.
Air Group closed out a strong third quarter, generating GAAP pretax margins of 10.7% and earnings per share (EPS) of $1.84. On an adjusted basis, our pretax margin of 13.0% will lead the industry. Given Air Group’s completed acquisition of Hawaiian Airlines on September 18, 2024, quarterly financial statements include approximately 13 days of Hawaiian Airlines results.
There has been no better time to be part of Alaska Air Group. By bringing together Alaska and Hawaiian’s remarkable service, expansive networks, distinct cultures, and shared values, we are creating a resilient airline that can meet the challenge of competing in a rapidly shifting industry. We have the resources and flexibility to navigate challenges, embrace new opportunities, and write the next chapter for our company. Our industry leading margins and strong operational performance are proof points that we are making the right investments to differentiate ourselves from our domestic-focused peers. Today’s results reinforce we are on the right path for the future.”
We are excited to host our Investor Day on December 10th, where we will share more detail about our vision as a combined company, including higher synergy estimates driven by the combination, discuss our strategy to expand margins and generate free cash flow, and provide 2025 guidance. Given the proximity of third quarter earnings to our Investor Day, we announced on October 21st that we would not hold an earnings conference call this quarter. While we expect to resume regular quarterly earnings calls again in January 2025, this quarter we are providing additional narrative on our third quarter performance, including discussion of Air Group trends excluding Hawaiian Airlines within our earnings release today.
Air Group’s consolidated results reported in the third quarter of 2024 include 13 days of Hawaiian Airlines results, while prior comparable periods exclude any Hawaiian results. Except where noted below, the following discussion of Air Group’s third quarter performance reflect legacy-Alaska performance, excluding Hawaiian for the 13 days it was part of the combined company.
Today we reported GAAP net income of $236 million, or $1.84 earnings per share for the third quarter of 2024. Excluding special items and mark-to-market fuel hedge accounting adjustments, we reported net income of $289 million, or $2.25 earnings per share, significantly exceeding our original guidance for the quarter of $1.40 to $1.60 and coming in at the high end of our revised guidance published on September 12th. Our adjusted pretax margin of 13.0% led industry peers for the 2nd consecutive quarter and continues to demonstrate the strength of our business model. We have built a solid foundation of robust earnings and operating cash flow generation that we’re excited to continue building on through the combination of both Alaska and Hawaiian Airlines, as we realize substantial synergies amidst a strong demand environment and constructive industry backdrop.
During the quarter, Alaska saw unit revenues inflect positive in August, with strength in booking trends continuing into the fourth quarter. We’ve seen improvement across the Alaska network, in particular in the Pacific Northwest and Latin America regions. Corporate demand showed renewed strength in September and into October, which drove meaningful yield improvements on close-in bookings. Managed corporate revenue grew 9% year-over-year in the third quarter with double digit growth from the technology and professional services industries. Premium revenue performance also remained strong this quarter, continuing to outperform main cabin, with first and premium class revenue up 10% and 8% year-over-year respectively on 5% year-over-year growth in premium seat capacity. Unit revenues are expected to continue their positive trajectory, from up low-single digits in the third quarter to up mid-single digits in the fourth quarter.
The opportunities for this newly combined global airline are clear, and we are poised to be the airline that connects the West Coast to the world with an experience rooted in care and performance. We are investing in our commercial engine to compete more effectively with the larger carriers, increase loyalty among our guests and realize synergies from both our commercial and cargo businesses. These investments include re-imagined lounge and onboard offerings designed to meet the needs of our most loyal guests, optimized route networks that get people to more places in less time, a seamless booking to boarding experience, and more.”
Operationally, Alaska delivered a reliable performance for our guests during their peak summer travel plans, not only flying our largest ever summer schedule, but doing so with a 99.2% completion rate. Growth this year has been impacted by delayed aircraft deliveries, which we expect to continue due to the ongoing strike at Boeing. Further aircraft delivery delays are expected to limit capacity growth in the final quarter of 2024 relative to our prior resource planning expectations earlier in the year.
Costs performed as expected and were in line with our prior guidance, although unit costs remain pressured from lower capacity due to delivery delays. We remain resourced for higher capacity and are experiencing the lowest attrition rates across the company since 2019. One-third of our second half 2024 unit cost increases on a year-over-year basis are directly related to relative overstaffing given originally higher planned flying volumes, as well as the natural pressure that lower capacity puts on our fixed cost base which is about half of total costs. We expect this pressure to be transitory and to return to optimized resource levels relative to our capacity throughout 2025. Despite this, productivity for the quarter improved 4.6% year-over-year.
Our expected profit sharing payouts increased materially in the quarter, primarily driven by lower fuel prices and improving revenue trends, offset by a reduction in expected wage expense from our tentative agreement with our flight attendants which did not ratify during the quarter.
Turning to our balance sheet, we ended the quarter with total liquidity of $3.4 billion, inclusive of approximately $850 million in undrawn lines of credit which were upsized following the closing of the Hawaiian acquisition. Subsequent to quarter end, we raised $2.0 billion in Term Loan B and Bond debt collateralized by Alaska’s Mileage Plan program. The bond offering garnered investor interest of greater than 7x our issued amount, and we achieved the tightest spreads seen on similar debt within the industry outside of the pandemic, a testament to the strength of our loyalty collateral and our balance sheet. Approximately $1.4 billion was used to repay higher-yielding debt assumed in the merger, which we expect to result in annual interest cost savings of approximately $30 million over the next twelve months. Following the loyalty financing and debt repayments in October, our debt to capitalization and net leverage sit today at 58% and 2.4x respectively, still among the strongest balance sheets in the industry.
For capital expenditures, we continue to plan to incur approximately $1.2 to $1.3 billion in 2024. This amount assumes we pay for 18 737 Max aircraft this year, subject to Boeing delivery ability.
Although we only recently completed the acquisition of Hawaiian Airlines, we are encouraged by the continued improvement in the Hawaiian network. Following significant losses incurred in the fourth quarter of 2023, Hawaiian’s EBITDAR turned positive in the second quarter and pretax results are expected to approach break even in the fourth quarter. The improvement is expected to be driven by both revenues and costs. North America PRASM inflected positive during the third quarter and we expect will be up mid-single digits year-over-year in the fourth quarter, while International PRASM is gradually improving from down double digits toward flat year-over-year in the fourth quarter of 2024. Neighbor Island results are also showing material year-over-year improvements. Several temporary cost headwinds that have challenged Hawaiian’s performance have mostly passed, with the impact of the A321 GTF engine-driven groundings fully resolved and the majority of the A330 Amazon freighter and 787 new fleet startup related costs completed.
With a proven playbook from our integration of Virgin America, we are prepared and excited to begin in earnest to bring the operating platforms of Alaska and Hawaiian together, while we maintain the legacy and value of both brands, each of which have been built over 90 years respectively. We plan to achieve three significant integration milestones in the next 18 months – the launch of a single loyalty platform, receipt of a single operating certificate, and integration of our passenger service system. We will also soon begin working with our labor-represented workgroups to start the joint collective bargain process.
We are on track to finish the year strong and expect to be among the top 3 pretax margin producers in the industry for the full year, inclusive of Hawaiian’s results from the date of acquisition closing. There is much to be excited about for our airlines as we move ahead and begin unlocking the multiples of potential we can accomplish as a combined company.
For the fourth quarter, we expect the following results, inclusive of Hawaiian. Expectations for the fourth quarter are compared to pro forma historical results, as if the acquisition had occurred on January 1, 2023. Pro forma historical results were included with this Form 8-K. Full year 2024 EPS is expected finish above the midpoint of our previous guidance of $3.50 to $4.50 per share, inclusive of Hawaiian’s results.
(a) Earnings per share guidance assumes non-operating expense of approximately $50 million and a tax rate of approximately 28%.
Reported net income for the third quarter of 2024 under Generally Accepted Accounting Principles (“GAAP”) of $236 million, or $1.84 per share, compared to net income of $139 million, or $1.08 per share, for the third quarter of 2023.
Reported net income for the third quarter of 2024, excluding special items and mark-to-market fuel hedge accounting adjustments, of $289 million, or $2.25 per share, compared to net income of $237 million, or $1.83 per share, for the third quarter of 2023
Subsequent to quarter end, Air Group completed $2 billion in financing, backed by the Company’s Mileage Plan program. Approximately $1.4 billion was used in October to refinance certain debt acquired with Hawaiian Airlines, which is expected to result in interest cost savings of approximately $30 million over the next twelve months.
Repurchased 367,705 shares of common stock for approximately $14 million in the third quarter, bringing total repurchases to $63 million for the nine months ended September 30, 2024.
Generated $318 million in operating cash flow for the third
Held $2.5 billion in unrestricted cash and marketable securities as of September 30, 2024.
Consolidated and upsized the Company’s existing revolving credit facilities to $850 million in support of our overall liquidity target.
Alaska received two 737-9 aircraft and one 737-8 aircraft during the quarter, bringing the totals within the airline’s fleet to 72 737-9s and five 737-8s. Hawaiian received its fourth A330-300 freighter from Amazon.
Completed Starlink installation on Hawaiian’s 24 A330 aircraft, offering high-speed Wi-Fi free of charge to guests onboard.
Partnered with Portland International Airport for the opening of its renovated terminal, leveraging new technology to help guests travel through the lobby quickly.
Launched Stays by Alaska Vacations with Expedia Group, a new platform offering exclusive deals on over 900,000 hotels and vacation rental properties, providing Mileage Plan members the ability to earn and redeem miles on reservations.
Announced partnership with James Beard award-winning chef Brandon Jew to offer an exclusive First Class dining experience for guests on flights between San Francisco and New York JFK.
Announced investment in JetZero, a company developing a blended-wing body aircraft designed to provide up to 50% less fuel burn, reflecting Alaska’s commitment to its goal of net zero carbon emissions by 2040.
In collaboration with UP.Labs, launched Odysee, an innovative startup that leverages AI and computing power to optimize Air Group’s scheduling and management of operational logistics.
In lieu of an analyst call this quarter, we have compiled questions and answers that will help you make sense of our performance and forecast.
About Alaska Air Group
Alaska Air Group, Inc. is based in Seattle and comprised of subsidiaries Alaska Airlines, Hawaiian Holdings, Inc., Horizon Air and McGee Air Services. With our recent acquisition of Hawaiian Airlines, we now serve more than 140 destinations throughout North America, Central America, Asia and across the Pacific. We are committed to safety, remarkable customer care, operational excellence, financial performance and sustainability. Alaska Airlines is a member of the oneworld Alliance. With oneworld and our additional global partners, our guests have more choices than ever to purchase, earn or redeem on alaskaair.com across 30 airlines and more than 1,000 worldwide destinations. Book travel throughout the Pacific on Hawaiian Airlines at hawaiianairlines.com. Learn more about Alaska Airlines at news.alaskaair.com and Hawaiian Airlines at newsroom.hawaiianairlines.com/blog. Alaska Air Group is traded on the New York Stock Exchange (NYSE) as “ALK.”
