ALK.

N on New York Stock Exchange

70.83USD
15 Dec 2017
Change (% chg)

$1.44 (+2.08%)
Prev Close
$69.39
Open
$69.62
Day's High
$71.86
Day's Low
$69.62
Volume
926,199
Avg. Vol
391,859
52-wk High
$101.42
52-wk Low
$61.36

FULL DESCRIPTION
Alaska Air Group, Inc., incorporated on March 15, 1985, is the holding company of Alaska Airlines (Alaska),
Virgin America Inc., Horizon Air (Horizon) and other business units. The Company operates through three
segments: Mainline, Regional and Horizon. Its Mainline segment includes Alaska's and Virgin America's
scheduled air transportation for passengers and cargo throughout the United States, and in parts of Canada,
Mexico, Costa Rica and Cuba. Its Regional segment includes Horizon's and other third-party carriers'
scheduled air transportation for passengers across a shorter distance network within the United States under
capacity purchased arrangements (CPAs). Its Horizon segment includes the capacity sold to Alaska under
CPA. Alaska and Virgin America operate fleets of narrowbody passenger jets. Horizon operates a fleet of
turboprop aircraft and sells all of its capacity to Alaska pursuant to a CPA.

As of December 31, 2016, the Company maintained two frequent flyer plans: the Alaska Airlines Mileage Plan
and the Virgin America Elevate. Mileage Plan provides a suite of frequent flyer benefits. Miles can be earned
by flying on Alaska or on one of its 24 airline partners, by using the Alaska Airlines credit card, or through other
non-airline partners. The Elevate program allows guests to earn points for purchasing travel that are
redeemable for travel awards throughout its network and the networks of Virgin America's airline partners.

Mainline

The Company's Mainline segment operations include the Boeing 737 (B737) and Airbus family (A319 and
A320) jet service offered by Alaska and Virgin America. It offers passenger service from the western United
States throughout the contiguous United States, Alaska, Hawaii, Canada, Mexico, Costa Rica and Cuba. It
also offers cargo service throughout its network and had cargo aircraft that operate primarily to and within the
state of Alaska. As of December 31, 2016, its mainline operating fleet consisted of 155 B737 jet aircraft and 63
Airbus A320 family jet aircraft.

Regional

The Company's Regional segment operations consist of flights operated by Horizon, SkyWest Airlines, Inc.
(SkyWest) and Peninsula Airways, Inc. (PenAir). As of December 31, 2016, Horizon's operating fleet consisted
of 52 Bombardier Q400 turboprop aircraft. As of December 31, 2016, the regional fleet operated by SkyWest
consisted of 15 E175 aircraft.

The Company competes with Delta Air Lines.