JANUARY 6TH, 2014

Alaska Air Group Reports December and Full-Year Operational Results

SEATTLE, Jan. 6, 2014 /PRNewswire/ — Alaska Air Group Inc. (NYSE: ALK) today reported December and year-end 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 6.5 percent increase in traffic on a 4.5 percent increase in capacity compared to December 2012. This resulted in a 1.7-point increase in load factor, to a record 88.0 percent. Alaska also reported 85.5 percent of its flights arrived on time in December, compared to the 83.3 percent reported in December 2012. For the full-year 2013, Alaska reported a load factor of 86.1 percent and carried a record 19.7 million passengers.

HORIZON AIR
Horizon reported a 3.9 percent increase in December traffic on flat capacity compared to December 2012. This resulted in a 3.1-point increase in load factor, to a December record of 82.5 percent. Horizon also reported 78.5 percent of its flights arrived on time in December, compared to the 85.2 percent reported in December 2012. For the full-year 2013, Horizon reported a record load factor of 80.8 percent and carried 7.1 million passengers.

AIR GROUP (including flights operated by third parties)
On a combined basis, Air Group reported a 6.7 percent increase in traffic on a 4.6 percent increase in capacity compared to December 2012. This resulted in a 1.8-point increase in load factor to a record 87.5 percent. These statistics include flights operated by Alaska and those under capacity purchase arrangements, including Horizon, SkyWest and a small third-party carrier in the state of Alaska.


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