FEBRUARY 5TH, 2014

Alaska Air Group Reports January 2014 Operational Results

SEATTLE, Feb. 5, 2014 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported January 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 3.1 percent increase in traffic on a 3.3 percent increase in capacity compared to January 2013. This resulted in a 0.1 point decrease in load factor to 83.3 percent. Alaska also reported a record 87.8 percent of its flights arrived on-time in January, compared to the 86.7 percent reported in January 2013.

HORIZON AIR
Horizon reported a 2.4 percent increase in traffic on a 3.6 percent increase in capacity compared to January 2013. This resulted in a decrease in load factor of 1.0 point, to 74.6 percent. Horizon also reported a record 86.8 percent of its flights arrived on-time in January, compared to the 85.1 percent reported in January 2013.

AIR GROUP
On a combined basis, Air Group reported a 3.4 percent increase in traffic on a 3.9 percent increase in capacity compared to January 2013. This resulted in a decrease in load factor of 0.3 points, to 82.4 percent. These statistics include flights operated by Alaska and those under capacity purchase agreements, including Horizon, SkyWest and PenAir.

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves nearly 100 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines has ranked “Highest in Customer Satisfaction Among Traditional Network Carriers” in the J.D. Power and Associates North America Airline Satisfaction StudySM for six consecutive years from 2008 to 2013. For reservations, visit www.alaskaair.com. For more news and information, visit the Alaska Airlines Newsroom at www.alaskaair.com/newsroom.


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