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Alaska Air Group reports second quarter 2025 results

Summary

Announced first transatlantic route in Air Group history: Seattle to Rome starting May 2026

Alaska Mileage Plan named #1 airline rewards program by U.S. News & World Report for the 11th consecutive year

Reported earnings per share of $1.42, with adjusted earnings per share of $1.78, ahead of Wall Street expectation and previous guidance range

Alaska Air Group (NYSE: ALK) today reported financial results for the second quarter ending June 30, 2025.

The Alaska and Hawaiian teams closed out an impactful quarter that included the launch of a global network transformation and performance that beat expectations.

 

The results this quarter are clear evidence of our team’s disciplined execution and unwavering focus on what we can control: delivering a remarkable guest experience, driving operational excellence and unlocking the value of our newly combined network and commercial platform. I’ve never been more confident in our team of 30,000 to execute our Alaska Accelerate plan and position Air Group for long-term success.

– Ben Minicucci

President & CEO of Alaska Air Group

Quarter in Review

Air Group’s Consolidated Statements of Operations, Consolidated Balance Sheets, and Summary Cash Flow Statement include Hawaiian Airlines from September 18, 2024 onward. For comparability of financial and operational results, historical information has also been provided on a pro forma basis within the Supplementary Pro Forma Comparative Financial and Operating Information in this filing and in prior 8-K filings. The pro forma information provided assumes Hawaiian is included in both 2024 and 2025.

Air Group delivered strong second quarter results, with a Generally Accepted Accounting Principles (GAAP) pretax margin of 6.4% and a GAAP net income per share of $1.42.

Our adjusted pretax margin was 8.0% and our adjusted earnings per share was $1.78, exceeding the high end of our previously issued guidance. Just 10 months post-acquisition, Hawaiian’s second quarter adjusted pretax margin expanded by 11-points versus prior year, surpassing breakeven for the first time since 2019. Our second quarter results affirm our strategy is delivering notable progress across the network and providing greater connectivity for our guests. Our team is delivering on the initiatives that underpin Alaska Accelerate and we remain committed to delivering our goal of $1 billion in incremental profit by 2027.

Second quarter record revenue topped $3.7 billion, resulting in year-over-year RASM that is down 0.6%, which we believe will once again lead the industry. This performance is enabled by our commercial initiatives and focus on revenue diversification; in the second quarter 49% of revenue was generated outside the main cabin. Premium revenue grew 5% year-over-year, cargo revenue grew 34% year-over-year, and our loyalty program cash remuneration grew 5% year-over-year.

Unit costs excluding fuel, freighter costs, and special items increased 6.5% year-over-year, in line with prior guidance. Economic fuel price per gallon was $2.39 in the second quarter, reflecting both moderating crude oil and West Coast refining prices throughout much of the quarter. During the quarter Hawaiian Airlines experienced a cybersecurity incident. We took immediate steps to safeguard our airlines and remain engaged with authorities and experts to conclude our investigation. Our operations were not affected.

 

Third Quarter Forecast Information

We have recently seen a positive inflection in traffic, yield and revenue intake for both Alaska and Hawaiian Airlines’ bookings. We have also adjusted our 2025 capacity expectations to approximately 2% year-over-year growth. These changes reflect 2-point reductions in off-peak flying in the third and fourth quarters relative to our prior expectations, and are expected to be margin accretive. With recent changes to the demand environment, and our continued delivery on synergy and commercial initiative commitments, our outlook for full year earnings per share is greater than $3.25.

Our third quarter adjusted earnings per share is expected to be between $1.00 and $1.40, including an expected ~10 cent impact from an IT outage that resulted in irregular operations in July. Costs remain in line with our expectation, and reflect strategic investments as well as elevated real estate costs, maintenance costs and new labor agreements. Our capacity expectations will pressure unit costs in the third quarter, which are expected to be up mid to high single digits year-over-year, before improving meaningfully in the fourth quarter. We still anticipate delivering full year unit costs in line with our prior expectations.

 

Financial Results and Updates

Reported GAAP net income for the second quarter of 2025 of $172 million, or $1.42 per share, which includes Hawaiian results, compared to net income of $220 million, or $1.71 per share, for the second quarter of 2024, which does not include Hawaiian results.

Reported net income for the second quarter of 2025, excluding special items and other adjustments, of $215 million, or $1.78 per share, which includes Hawaiian results, compared to net income of $327 million, or $2.55 per share, for the second quarter of 2024, which does not include Hawaiian results.

Repurchased 8.7 million shares of common stock for approximately $428 million in the second quarter, bringing total repurchases to 10.5 million shares for approximately $535 million for the six months ended June 30, 2025.

Generated $376 million in operating cash flow for the second quarter.

Held $2.1 billion in unrestricted cash and marketable securities as of June 30, 2025.

Operational Updates

Announced new nonstop service between Seattle and Rome beginning in May 2026, the first transatlantic route for Air Group.

Began new daily nonstop service between Seattle and Tokyo, the first long-haul aircraft international destination from Seattle for Air Group.

Expanded summer service with twice-daily A330 flights between Seattle and Anchorage, boosting cargo capacity equivalent to two 737 freighters.

Expanded our combined fleet by twelve aircraft during the second quarter, taking delivery of three 737-8s, four 737-9s, one 787-9, two E175s, and two A330-300 freighters.

Exercised options for twelve 737-10s with expected deliveries through 2028.

Announced a new Boeing 787-9 base in Seattle and five additional 787-9s to support our international growth.

Reached an agreement to sell Alaska’s twelve 737-900s, with four aircraft sold in the second quarter and the remaining eight to be sold in the second half of 2025.

Began the cabin refresh of Alaska’s 737 fleet to expand Premium and First Class seating and elevate our guests’ travel experience, with modifications expected to be completed in 2026.

Ratified a four-year CBA with Horizon’s AMFA-represented technicians and reached a tentative agreement with IAM-represented McGee Air Services employees.

Appointed Pete Shimer to the Air Group Board of Directors serving on the Audit and Safety Committees.

Loyalty and Guest Experience

Launched enhanced benefit for Alaska Airlines Visa Signature® and Alaska Airlines Visa® Business cardholders, allowing Companion Fare redemption on Hawaiian Airlines flights within North America, including the state of Hawaiʻi.

Announced expanded partnership with Qantas, enabling Qantas Frequent Flyers to redeem on Hawaiian Airlines’ global network, and a new partnership with Philippine Airlines. Mileage Plan members can now earn on Philippine Airlines flights, and redemptions are coming soon.

Launched Chef’s (tray) Table, a new rotating First Class dining experience featuring seasonal menus crafted by celebrated West Coast chefs, including James Beard Award-winner Chef Brady Ishiwata Williams.

Expanded fresh meal options for guests seated in the Main Cabin to more flights, now available on routes as short as 670 miles.

Alaska Mileage Plan recognized as the Best Airline Rewards Program by U.S. News & World Report for the 11th consecutive year.

Recognized by the Airline Passenger Experience Association as the Best Major Airline in North America in 2025.

The following table reconciles the company’s reported GAAP net income per share (EPS) for the three and six months ended June 30, 2025 and 2024 to adjusted amounts.

Three Months Ended June 30,

Six Months Ended June 30,

A conference call regarding the second quarter results will be streamed online at 8:30 a.m. PDT on July 24, 2025. It can be accessed at www.alaskaair.com/investors. For those unable to listen to the live broadcast, a replay will be available after the conclusion of the call.

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Hawaiian Airlines expands winter schedule with additional flights to meet peak travel demand

sydney

HONOLULU – Hawaiian Airlines is enhancing its winter schedule with increased service on key routes to meet strong seasonal demand for travel between Honolulu and Los Angeles, Seattle and Sydney. Guests can also now book seats aboard Hawaiian’s Boeing 787 Dreamliner between Seattle (SEA) and Tokyo’s Narita (NRT) for travel starting in January. 

Boeing 787-9 Leihoku Suites

 

“We’re excited to offer our guests more options to connect with loved ones or enjoy a warm winter getaway,” said Kirsten Amrine, vice president of revenue management and network planning at Alaska Airlines. "These schedule enhancements reflect our commitment to providing convenient, comfortable travel during the busiest travel period of the year."

Hawaiian’s Winter 2025-26 Schedule Enhancements: 

  • Honolulu (HNL) – Sydney (SYD): Hawaiian will increase service from five flights weekly to daily between Dec. 18, 2025, and Jan. 31, 2026, aligning with the peak travel season between Hawaiʻi and Australia. 

 

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  • Honolulu (HNL) – Los Angeles (LAX): A fifth daily flight operated by an Airbus A321neo will be added during two peak travel windows: Nov. 21 – Dec. 1, 2025, and Dec. 19, 2025 – Jan. 6, 2026. The additional service will provide more seats during high-demand periods when guests prefer to travel.

 

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  • Honolulu (HNL) – Seattle (SEA): Hawaiian is adding a fourth daily widebody flight between late November and mid-April, replacing an existing A321neo service. The new schedule includes a morning departure from Honolulu and an early evening return from Seattle, bringing the total to six daily flights (including two operated by Alaska Airlines). 

 

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  • Hawaiian will replace the Airbus A330 with the Boeing 787 Dreamliner on its SEA-NRT route beginning early January through mid-April. The Dreamliner features Hawaiian’s new Leihōkū Suites with lie-flat seating, enhanced privacy, and direct aisle access, along with a quieter cabin, larger windows, and advanced inflight entertainment—delivering a more restful and refined journey across the Pacific.

 

Guests can book flights and view the full schedule at www.HawaiianAirlines.com.

 

About Alaska Air Group 

Alaska Airlines, Hawaiian Airlines and Horizon Air are subsidiaries of Alaska Air Group, with McGee Air Services a subsidiary of Alaska Airlines. With hubs in Seattle, Honolulu, Portland, Anchorage, Los Angeles, San Diego and San Francisco, we deliver remarkable care as we fly our guests to more than 140 destinations throughout North America, Latin America, Asia and the Pacific. Alaska is a member of the oneworld Alliance with Hawaiian scheduled to join in 2026. With oneworld and our additional global partners, guests can earn and redeem miles for travel to over 1,000 worldwide destinations. Guests can book travel at alaskaair.com and hawaiianairlines.com. Learn more about what’s happening at Alaska and Hawaiian. Alaska Air Group is traded on the New York Stock Exchange (NYSE) as “ALK.” 

Alaska Airlines’ Mileage Plan named Best Airline Rewards Program for 11th consecutive year

Summary

Alaska Airlines’ Mileage Plan was once again ranked No. 1 in U.S. News & World Report’s annual Best Airline Rewards Programs list.

The 2025–2026 award marks Mileage Plan’s 11th consecutive year earning the top spot.

Raise your Straightaway cocktail — Alaska Airlines’ Mileage Plan has been named the Best Airline Rewards Program by U.S. News & World Report for the 11th year in a row. Cheers to our members for making it possible!

Our industry-leading loyalty program, designed for all travelers from seasoned globetrotters to occasional jetsetters, earned top marks for its low mileage requirements, distance-based earning structure and broad partner network — including recent additions through our combination with Hawaiian Airlines.

Explore U.S. News & World Report’s findings and methodology here.

“With industry-leading milestone rewards and access to over 30 global airline partners, Mileage Plan members enjoy one of the most flexible loyalty programs out there. We’re proud to serve our guests with the simplicity, value and choice that set us apart in a competitive loyalty landscape.”

Brett Catlin

Vice President of Loyalty, Alliances and Sales, Alaska Airlines

Later this summer, Alaska Airlines and Hawaiian Airlines are reimagining Mileage Plan and HawaiianMiles. Our new combined loyalty program will continue to deliver the most generous and exciting benefits in the industry. More information will be available soon. Stay tuned!

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Earn miles and enjoy rewards effortlessly. Sign up today and start experiencing more with your miles.

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Countdown to combined benefits: What HawaiianMiles members need to know

Countdown to Combined Benefits
As Hawaiian and Alaska continue to integrate our two airlines, exciting changes are on the horizon. Our new, combined loyalty program launches next month, and we’re here to make sure you’re ready to take full advantage of everything it has to offer.

Mark Your Calendar for October 1

HawaiianMiles will transition to the new program on Oct. 1. Your miles and status, Huaka’i by Hawaiian benefits, and credit card benefits will come along automatically, and the HawaiianMiles branding will phase out. We value your time and history as a HawaiianMiles member and want to be clear: That legacy isn’t disappearing — it’s shaping what’s next.

As we prepare to transition HawaiianMiles to the new program, member account access will be limited for several days prior to Oct. 1. This is a necessary step to ensure a seamless transfer of all member accounts. We’ll share exact dates and details soon—stay tuned.

20250722_HA_TimelineGraphic

Your Miles Are Safe — and Going Further

We know how much your miles mean to you. That’s why we’re making this transition seamless:

  • Your HawaiianMiles will transfer 1:1 into the new program on Oct. 1.
  • Miles will never expire.
  • Your elite status will carry over to the new program automatically on Oct. 1.
OAHU_HA_NMG_Jhook_0108

Link Your Accounts for Early Access

Already have an Alaska Mileage Plan account? Great news—you can start enjoying combined benefits now by linking your accounts in just three easy steps:

  1. Go to AlaskaAir.com/linkaccount 
  2. Sign in to your HawaiianMiles and Mileage Plan account and follow the instructions
  3. Transfer your miles between linked accounts.

If you only have a HawaiianMiles account, no worries — your account will automatically transfer to the new program on Oct. 1.

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Huaka‘i by Hawaiian: Local Perks, Big Mahalo

Our program, created exclusively for Hawai‘i residents, is our heartfelt mahalo to the community that has supported us for nearly a century (plus, it’s free to join). Huaka‘i by Hawaiian benefits include:

  • Monthly travel deals
  • A free checked bag on Neighbor Island flights
  • Quarterly fare discounts
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A Loyalty Program Built for You

We understand that change can be challenging, but we’re committed to making this transition as smooth as possible. Our new loyalty program will combine the best of HawaiianMiles and Alaska Airlines’ Mileage Plan—giving you more ways to earn, redeem and enjoy your travel.

Mahalo for being part of our ‘ohana. We can’t wait to welcome you into this exciting new chapter. For Hawaiian Airlines loyalty updates, visit www.HawaiianAirlines.com/loyalty.

OAHU_HA_NMG_Jhook_0103-201_mid

Alaska Airlines statement on IT outage

Monday, July 21 – 8 p.m. Pacific Time

Flight operations at Alaska Airlines and Horizon Air are returning to normal following a significant IT outage that resulted in a system-wide ground stop of flights. The ground stop began around 8 p.m. on Sunday and was lifted three hours later. 

A critical piece of multi-redundant hardware at our data centers, manufactured by a third-party, experienced an unexpected failure. When that happened, it impacted several of our key systems that enable us to run various operations, necessitating the implementation of a ground stop to keep aircraft in position. The safety of our flights was never compromised. 

Since Sunday evening, we’ve had more than 200 flight cancellations. We experienced 116 cancellations on Monday, which affected the travel plans of 15,600 guests. Additional cancellations are possible.  

The IT outage was unrelated to any other current events and was not a cybersecurity incident. 

We are currently working with our vendor to replace the hardware equipment at the data center. 

We appreciate the patience of our guests whose travel plans have been disrupted. We’re working to get them to their destinations as quickly as we can. If you’re traveling today, please check your flight status before leaving for the airport. Also, a flexible travel policy is in place to support our guests. 

Monday, July 21 – 11 a.m. Pacific Time

As of 11 a.m. on Monday, we continue to get our operations back on track at Alaska Airlines and Horizon Air following a significant IT outage that resulted in a system-wide ground stop of flights. The ground stop began around 8 p.m. on Sunday and was lifted at 11 p.m. Pacific.

A critical piece of multi-redundant hardware at our data centers, manufactured by a third-party, experienced an unexpected failure. When that happened, it impacted several of our key systems that enable us to run various operations, necessitating the implementation of a ground stop to keep aircraft in position. The safety of our flights was never compromised.

Since Sunday evening, we’ve had a total of nearly 200 flight cancellations. We’ve experienced 104 cancellations today, which have affected the travel plans of 13,500 guests. Additional flight disruptions are possible. There are also flight delays as we reposition our aircraft and crews.

The IT outage is not related to any other current events, and it’s not a cybersecurity event.

We are currently working with our vendor to replace the hardware equipment at the data center.

We appreciate the patience of our guests whose travel plans have been disrupted. We’re working to get them to their destinations as quickly as we can. If you’re traveling today, please check your flight status before leaving for the airport. Also, a flexible travel policy is in place to support our guests.

Monday, July 21 – 6:30 a.m. Pacific Time

We’re working to get our operations back on track today at Alaska Airlines and Horizon Air after a significant IT outage Sunday night resulted in a system-wide ground stop of flights, which was lifted at 11 p.m. Pacific.

A critical piece of multi-redundant hardware at our data centers, manufactured by a third-party, experienced an unexpected failure. When that happened, it impacted several of our key systems that enable us to run various operations, necessitating the implementation of a ground stop to keep aircraft in position. The safety of our flights was never compromised.

Since Sunday evening, we’ve had more than 150 flight cancellations, including 64 cancellations today. Additional flight disruptions are likely as we reposition aircraft and crews throughout our network.

The IT outage is not related to any other current events, and it’s not a cybersecurity event.

We are currently working with our vendor to replace the hardware equipment at the data center.

We appreciate the patience of our guests whose travel plans have been disrupted. We’re working to get them to their destinations as quickly as we can. Before heading to the airport, we encourage flyers to check their flight status.

Hawaiian Airlines’ newest Featured Chef, Jason Peel, brings a taste of home to 30,000 feet

At Hawaiian Airlines, we believe travel should be a journey for all the senses — including your taste buds. That’s why we’re thrilled to welcome Chef Jason Peel of Nami Kaze Hawaiʻi as the newest chef in our Featured Chef Series. Now through the end of November, his homegrown, island-style take on our First Class menu will be served on flights from Hawaiʻi to the U.S. continent (except BOS and JFK).

HA_ChefPeel_InFlightMeal_4

From Kaua‘i to the Skies

Born and raised on Kaua‘i, Chef Jason’s culinary journey is a blend of humble beginnings, global experiences and a deep love for Hawai‘i. With Japanese and Irish heritage, his cooking reflects a fusion of cultures and a reverence for tradition. After graduating from the acclaimed culinary program at Oʻahu’s Kapi‘olani Community College (KCC), he honed his skills under renowned chefs like Ian Russo and Roy Yamaguchi, traveling the world and eventually returning home to shape Hawai‘i’s culinary future with locally sourced ingredients.

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From mentoring students at KCC to co-leading the Hawai‘i Food and Wine Festival, Chef Jason’s love of cooking has always been more about good food — it’s an extension of his passion for community, culture and connection.

A Menu That Tells a Story

Chef Jason’s in-flight creations are inspired by the flavors of his childhood, the people around him and the spirit of Hawai‘i. His dishes are designed to be comforting yet elevated, nostalgic yet innovative — perfect for travelers seeking a taste of the Hawaiian Islands before they even land.

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Here’s a sneak peek at what First Class guests can look forward to:

Brunch 

  • Savory egg custard with Arabiki pork sausage – A rich, island-style twist on a classic.
  • Seasonal fruits, yogurt and granola – Light, fresh and perfect for a morning flight.

Lunch and Dinner 

  • Beef meatloaf with grated radish and ponzu – A hearty, umami-packed entrée with a citrusy zing.
  • Teriyaki roasted eggplant – A vegetarian favorite served with steamed rice and pickled radish.
  • Okinawan sweet potato and haupia cake – A sweet finish that’s as beautiful as it is delicious.

Late Night 

  • Char siu chicken sandwich with hoisin garlic cream cheese – A bold, flavorful bite.
  • Spicy vegetable lasagna – Inspired by Chef Peel’s favorite school lunch memory, reimagined with local vegetables and a creamy Parmesan Mornay sauce.

Cooking with Aloha at Altitude

Creating meals for thousands of guests at 30,000 feet is no small feat — but for Chef Jason, it’s a labor of love. “The process excites me the most,” he said. “I love how all these amazing people made it possible for me to create local dishes here in Hawaiʻi and then scale them so they can be shared with thousands of Hawaiian Airlines’ guests.”

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His goal? To enhance your travel experience without overshadowing it. “I just want to be one of many happy, nostalgic memories created on a guest’s journey,” he added.

Whether you’re flying home after a Hawaiʻi vacation or taking a trip to the U.S. continent, Chef Jason’s dishes are a warm welcome and a celebration of local ingredients, shared memories and the joy of travel — Hawaiian style.

So next time you’re flying with us, sit back, relax and enjoy a meal made with aloha.

Enhanced benefit: $99 Companion Fare now boarding on Hawaiian Airlines’ North America flights

Summary

Alaska Airlines Visa Signature® and Alaska Airlines Visa® Business cardholders can now use their Companion Fare on Hawaiian Airlines flights within North America, including Hawaiʻi.

The enhanced benefit is another addition to our upcoming new, combined single loyalty program for Alaska and Hawaiian Airlines.

You asked, we listened!

 

A benefit Alaska Airlines cardholders have been asking for is now available. Starting today, Alaska Airlines Visa Signature® and Alaska Airlines Visa® Business1 cardholders can use their Companion Fare on Hawaiian Airlines flights within North America, including the state of Hawaiʻi.

Alaska’s Famous Companion Fare™ is a cardholder benefit we introduced in the 1990s, which allows current cardholders to book a companion flight from just $122 ($99 base fare plus taxes and fees from $23) when purchased with their Alaska Visa Signature® or Alaska Visa® Business card. With the ability to use the Companion Fare on Hawaiian Airlines flights within North America, there’s no better time than now to explore our expanded combined network with your favorite travel partner.

The companion fare is available annually at the cardholder’s card anniversary after a spend requirement, if applicable, and is valid on flights booked on alaskaair.com2 . For more information on the Alaska Airlines Visa Signature® and the Alaska Airlines Visa® Business card benefits, terms and conditions, visit this page.

This offering is just another step in our upcoming new, combined single loyalty program for Alaska and Hawaiian Airlines, which will continue to deliver the most generous benefits in the industry.

 

Here’s a recap of additions we’ve made to our loyalty program in the last year:

1 These credit card programs are issued and administered by Bank of America, N.A. Visa and Visa Signature are registered trademarks of Visa International Service Association and are used by the issuer pursuant to license from Visa U.S.A. Inc.

2 Valid on Alaska Airlines and flights operated on behalf of Alaska Airlines by Horizon Air and SkyWest, and Hawaiian Airlines flights within North America. Not valid on codeshare flights.

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Alaska Airlines promotes Alisa Onishi to managing director of Hawaiʻi marketing for Hawaiian and Alaska airlines

Alisa Onishi

HONOLULU – Alaska Airlines today announced the promotion of Alisa Onishi to managing director of Hawai‘i marketing. Based in Honolulu, Onishi will lead brand marketing and guest experience enhancements for Hawaiian Airlines, while also advancing Hawaiian and Alaska Airlines' multi-brand strategy – the first such model in the U.S. industry. In addition to driving brand integration, loyalty and sponsorships, she will also support employee culture and cross-brand programs including the development of new uniforms.

“Alisa’s experience and leadership stewarding the Hawaiian Airlines brand, and passion for bringing together our rich company cultures while maintaining their distinct identities make her the ideal person to take on this pioneering and exciting work,” said Eric Edge, vice president of brand and marketing for Alaska and Hawaiian airlines.

Onishi, who joined Hawaiian Airlines in 2011 and most recently served as senior director of brand, culture and community relations, will remain a key member of the Honolulu leadership team. She previously held marketing management roles at Hawaiian Telcom and Mobi PCS. A resident of Kaneohe in east O‘ahu, she earned a Bachelor of Arts in visual communications from Hawaii Pacific University.

About Alaska Air Group 

Alaska Airlines, Hawaiian Airlines and Horizon Air are subsidiaries of Alaska Air Group, with McGee Air Services a subsidiary of Alaska Airlines. With hubs in Seattle, Honolulu, Portland, Anchorage, Los Angeles, San Diego and San Francisco, we deliver remarkable care as we fly our guests to more than 140 destinations throughout North America, Latin America, Asia and the Pacific. Alaska is a member of the oneworld Alliance with Hawaiian scheduled to join in 2026. With oneworld and our additional global partners, guests can earn and redeem miles for travel to over 1,000 worldwide destinations. Guests can book travel at alaskaair.com and hawaiianairlines.com. Learn more about what’s happening at Alaska and Hawaiian. Alaska Air Group is traded on the New York Stock Exchange (NYSE) as “ALK.” 

Alaska Air Group announces webcast of second-quarter 2025 financial results

Summary

Join us on July 24, 2025 at 8:30 a.m. PT/11:30 a.m. ET for Alaska Air Group’s Q2 2025 analyst conference call.

Alaska Air Group Inc., the parent company of Alaska Airlines Inc., Hawaiian Airlines, Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2025 second quarter financial results at 11:30 a.m. EDT/ 8:30 a.m. PDT, Thursday, July 24, 2025. A webcast of the call will be available to the public at www.alaskaair.com/investors. An archive of the call will be posted on the website later that morning.

The company will file its second-quarter results and outlook after market close on Wednesday, July 23, 2025.

Tune in to Conference Call
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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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Alaska Airlines kicks off partnership with Seattle Reign FC

Summary

Alaska Airlines is the official and exclusive airline of Seattle Reign FC.

Alaska will partner with Reign FC to launch a new community program, donating miles to Reign FC’s RISE Purpose Platform community partners for each goal the team scores at home.

Fans can look forward to surprise experiences during Reign FC home matches throughout the remainder of the season, including exclusive seat upgrades, giveaways and chances to win travel rewards to explore Alaska’s list of growing global destinations.

Seattle Reign FC and Alaska Airlines announced today a new partnership, naming Seattle’s hometown airline the Official and Exclusive Airline of the club. This homegrown collaboration unites two iconic Seattle organizations with a shared commitment to community, equity and growing the global game.

We are thrilled to bring our two Seattle-based brands together in this partnership between Seattle Reign FC and Alaska Airlines, especially at a time when both organizations are entering exciting new eras. Alaska Airlines and its employees across Washington state have a long-standing commitment to making a positive impact in our communities, from environmental stewardship to advancing opportunities for women in aviation. Together, our shared dedication to serving our community, supporting our team and players, and growing women’s sports creates an incredible opportunity to build something truly special here in Seattle.”

– Maya Mendoza-Exstrom

Seattle Reign FC Chief Business Officer

Alaska Airlines will serve as the presenting sponsor of international call-ups, highlighting Reign players representing their countries on the world stage. The partnership will launch with storytelling and content campaigns celebrating these international achievements.

Fans can also look forward to surprise experiences during Reign FC home matches throughout the remainder of the season, including exclusive seat upgrades, giveaways and chances to win travel rewards to explore Alaska’s list of growing global destinations. Additionally, new programs launched by Alaska Airlines later this season will offer exciting ways for supporters to get rewarded.

As part of the partnership, Reign FC’s home match against San Diego Wave FC on August 29 will be presented by Alaska Airlines, showcasing the collaboration to fans and celebrating the shared commitment to growing the game and engaging the Seattle community.

Photos provided by Seattle Reign FC

Reflecting both organizations’ commitment to community impact, Reign FC and Alaska Airlines will also launch a new community program when Reign FC returns to league play in August. For every Reign goal scored at home through the rest of the season, Alaska Airlines will donate miles to benefit Reign FC’s RISE Purpose Platform community partners.

Additional partnership highlights include:

The 85ers™ at The Queen’s Match – Alaska Airlines will fly members of the 1985 U.S. Women’s National Team to Seattle for a historic celebration at Lumen Field on Monday, August 18 during The Queen’s Match.

Player Arrivals – Alaska Airlines will be the presenting partner for player arrivals on Reign FC matchdays, tapping into social content to reinforce the connection between world-class players and the hometown airline.

Expanded Visibility – Alaska Airlines will receive exclusive use of Reign FC’s club marks, along with extensive in-stadium, digital and broadcast visibility throughout the partnership and during the remaining home matches at Lumen Field.

Photos provided by Seattle Reign FC

“As Seattle’s hometown airline, we are thrilled to partner with Reign FC, a beloved local team and one of the most storied franchises in the NWSL. This partnership offers new opportunities to provide exciting new experiences to the Seattle community, while highlighting the importance of women’s sports.”

– Eric Edge

Vice President of Brand and Marketing, Alaska Airlines

As the No. 1 airline in Seattle with the most daily flights, Alaska offers over 100 nonstop destinations and more than 370 peak-day departures, including new flights to Tokyo and upcoming service to Seoul and Rome. This is in addition to Alaska’s combination with Hawaiian Airlines that is enabling an expanded network with optimal connections on 150 daily flights.

Seattle Reign FC and Alaska Airlines look forward to launching this partnership and delivering unforgettable experiences to fans across the Pacific Northwest and beyond.

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About Seattle Reign FC 
Seattle Reign FC was established in 2012 as a founding member of the National Women’s Soccer League. The fourteen-team NWSL is widely considered to be the most competitive women’s professional soccer league in the world. Over its first 11 seasons, the club captured the NWSL Shield three times, while making three appearances in the NWSL Championship and seven appearances in the NWSL postseason. Reign FC plays its home matches at Lumen Field in Seattle, Washington and trains at Starfire Sports Complex in Tukwila, Washington. The club can be found on the web at www.reignfc.com and on social platforms @ReignFC.

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Alaska Airlines and Hawaiian Airlines statement on the passage of the reconciliation bill

Alaska Airlines and Hawaiian Airlines thank Congress for authorizing $12.5 billion to invest in crucial air traffic control infrastructure. This down payment recognizes the decades-long need for investment and is a first step in modernizing how we use U.S. air space for aviation safety, reliability, and efficiency. We look forward to working with Secretary Duffy, FAA leadership, and Congress on the next steps to fully transform to a system that keeps safety at the core while meeting the needs of travelers, cargo, and communities who rely on critical air service.

Alaska Airlines introduces fresh summer menu, perfect for your next adventure

Summary

Alaska Airlines is rolling out a fresh, locally sourced summer menu in First Class and Main Cabin, featuring vibrant West Coast flavors like Sweet Potato Hash Benedict, Lemon Pesto Gnocchi and a new Sweet Chili Chicken Wrap.

Alaska’s industry-leading pre-order program offers guests up to five fresh, chef-curated meal choices – including vegan and gluten-friendly options – in First Class flights as short as 670 miles.

Alaska Airlines is introducing a fresh, locally sourced seasonal menu this summer, bringing vibrant West Coast flavors to your tray table with complimentary First Class offerings and new for-purchase Main Cabin options. As guests take off on their summer adventures across Alaska’s expanded network, including new nonstop routes from San Diego to Phoenix and Portland to Houston, they can enjoy an inflight dining experience designed to match the premium care Alaska is known for.

In First Class, guests can now preorder our Sweet Potato Hash Benedict topped with Sriracha Hollandaise Sauce or try our Green Tea Pancakes served with a side of juicy chicken apple sausage. For lunch and dinner, we’re offering new options like Lemon Pesto Gnocchi and a Strawberry Burrata Salad. Each dish is crafted to bring the bright, fresh flavors of summer to your journey.

Alaska’s industry-leading pre-order program makes it easy for guests to reserve chef-curated meals up to two weeks before departure. We offer freshly prepared First Class meals on flights as short as 670 miles – well before other major airlines. As the U.S. airline with the most inflight dining options, guests can select from up to five fresh dishes, including at least one meal that is vegan and made without gluten ingredients, like our Coconut Chia Overnight Oats.

Our for-purchase Main Cabin menu is also ready for summer. Guests can now pre-order our new Sweet Chili Chicken Wrap available on select flights over 1,100 miles starting July 16, bringing a sweet-and-spicy kick to your journey. It joins our gluten friendly and vegan Best Laid Plants grain bowl, which debuted in May, in partnership with Evergreens™. We also just added our guest-favorite Signature Fruit & Cheese Platter to even more flights, now available on most routes 670 miles and longer. As a thank you to our MVP Gold 100k and Million Miler elites, meals are complimentary.

Remember to download the Alaska Airlines mobile app to pre-order your meal today. For Alaska’s summer menu available in First Class, Premium Class and Main Cabin, click here.

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