MARCH 3RD, 2011

Alaska Air Group reports February operational results

SEATTLE – Alaska Air Group, Inc. (NYSE: ALK) today reported February operational results for its subsidiaries, Alaska Airlines (Alaska) and Horizon Air (Horizon).

ALASKA AIRLINES
Alaska reported a 19.0 percent increase in traffic on a 16.5 percent increase in capacity, resulting in a 1.7-point increase in load factor to 81.5 percent. Alaska also reported that 82.1 percent of its flights arrived on time in February, a 4.1-point decrease compared to the 86.2 percent reported in February 2010.

HORIZON AIR
Horizon reported a 0.6 percent decline in traffic on a 6.5 percent decline in capacity compared to February 2010, resulting in a 4.5-point increase in load factor to 76.7 percent. Horizon also reported that 73.5 percent of its flights arrived on time in February 2011, a 15.5-point decrease compared to the 89.0 percent reported in February 2010.

Source: Alaska Air


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