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Alaska Air Group Reports April Operational Results

SEATTLE — Alaska Air Group Inc. (NYSE: ALK) today reported April 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 6.3 percent increase in traffic on a 3.1 percent increase in
capacity compared to April 2011. This resulted in a 2.5-point increase in load
factor to a record 87.4 percent. Alaska also reported 90.6 percent of its
flights arrived on time in April, compared to the 89.5 percent reported in
April 2011.
The following table shows Alaska's operational results for April and
year-to-date 2012, compared to the prior-year periods:

[Image:522012_22329_0.jpg]

HORIZON AIR
Horizon reported a 13.4 percent decline in April traffic on a 13.1 percent
decline in capacity compared to April 2011. This resulted in a 0.2-point
decrease in load factor to 76.4 percent. Horizon also reported a record 94.0
percent of its flights arrived on time in April, compared to the 85.9 percent
reported in April 2011. The significant 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 and a corresponding reduction in the
size of Horizon's operating fleet from 53 aircraft at April~30, 2011, to 48
aircraft at April~30, 2012. This transition was completed in June 2011.
The following table shows Horizon's operational results for April and
year-to-date 2012, compared to the prior-year periods:
[Image:522012_22354_1.jpg]

AIR GROUP (including flights operated by third parties)
On a combined basis, Air Group reported a 6.3 percent increase in traffic on a
3.2 percent increase in capacity compared to April 2011. This resulted in a
2.5-point increase in load factor to a record 86.4 percent. These statistics
include flights operated by Alaska and those under capacity purchase
agreements, including Horizon, SkyWest and PenAir.
The following table shows the operational results for April and year-to-date
2012, compared to the prior-year periods:
[Image:522012_22434_2.jpg]
Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK),
together serve more than 90 cities through an expansive network in Alaska, the
Lower 48, Hawaii, Canada and Mexico. For reservations, visit www.alaskaair.com.
For more news and information, visit the Alaska Airlines/Horizon Air Newsroom
at www.alaskaair.com/newsroom.

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