Alaska Air Group Reports June Operational Results

SEATTLE – Alaska Air Group Inc. (NYSE: ALK) today reported June operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below.

ALASKA AIRLINES – MAINLINE

Alaska reported a 10.6 percent increase in traffic on a 7.5 percent increase in capacity compared to June 2011. This resulted in a 2.5-point increase in load factor to a June record 87.9 percent. This also contributed to a record second quarter load factor of 87.4 percent. Alaska also reported 88.4 percent of its flights arrived on time in June, compared to the 91.4 percent reported in June 2011.

HORIZON AIR

Horizon reported a 5.2 percent increase in June traffic on a 3.6 percent increase in capacity compared to June 2011. This resulted in a 1.2-point increase in load factor to 79.0 percent. Horizon also reported a record 93.3 percent of its flights arrived on time in June, compared to the 88.1 percent reported in June 2011.

The year-to-date decline in capacity and traffic for Horizon from the prior year is due primarily to the completion of Horizon’s transition out of the CRJ-700 regional jet. This transition was completed in June 2011.

AIR GROUP (including flights operated by third parties)

On a combined basis, Air Group reported a 10.3 percent increase in traffic on a 7.4 percent increase in capacity compared to June 2011. This resulted in a 2.3-point increase in load factor to 87.1 percent. These statistics include flights operated by Alaska and those under capacity purchase agreements, including Horizon, SkyWest and PenAir.