MARCH 5TH, 2014

Alaska Air Group Reports February 2014 Operational Results

SEATTLE, March 5, 2014 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported February and year-to-date operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below.

ALASKA AIRLINESMAINLINE
Alaska reported a 4.2 percent increase in traffic on a 4.2 percent increase in capacity compared to February 2013. This resulted in a flat load factor of 85.1 percent. Alaska also reported 85.4 percent of its flights arrived on-time in February, compared to the 90.6 percent reported in February 2013.

HORIZON AIR
Horizon reported a 0.6 percent increase in traffic on a 2.5 percent increase in capacity compared to February 2013. This resulted in a decrease in load factor of 1.2 points, to 78.8 percent. Horizon also reported 82.2 percent of its flights arrived on-time in February, compared to the 92.4 percent reported in February 2013.

AIR GROUP
On a combined basis, Air Group reported a 4.3 percent increase in traffic on a 4.6 percent increase in capacity compared to February 2013. This resulted in a decrease in load factor of 0.2 points, to 84.6 percent. These statistics include flights operated by Alaska and those under capacity purchase agreements, including Horizon, SkyWest and PenAir.


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