Exhibit 99.1 July 17, 2024 Media contact: Investor/analyst contact: Media Relations Ryan St. John (206) 304-0008 VP Finance, Planning and Investor Relations ALKInvestorRelations@alaskaair.com Alaska Air Group reports second quarter 2024 results Expected to lead the industry with adjusted pretax margin of 15.8% Achieved a completion rate of 99.5%, among the highest in the industry Reached tentative agreement with Alaska flight attendants represented by AFA SEATTLE — Alaska Air Group (NYSE: ALK) today reporte ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8957 ALASKA AIR GROUP, INC. Delaware 91-1292054 (State of Incorporation) (I.R.S. Employer Identification No.) 19300 International Boulevard, Se ...

Alaska Air Group, Inc. (NYSE:ALK) Q1 2024 Earnings Conference Call April 18, 2024 11:30 AM ET Company Participants Ryan St. John - VP, Finance, Planning & Investor Relations Ben Minicucci - President & CEO Andrew Harrison - Chief Revenue Officer & Chief Commercial Officer Shane Tackett - CFO Nat Pieper - SVP, Fleet, Finance & Alliances & Treasurer Diana Birkett Rakow - SVP, Public Affairs and Sustainability, Alaska Airlines Conference Call Participants Andrew Didora - BofA Global Research Helane Becker - TD ...

ALASKA AIR GROUP Q1 2024 Earnings Safe Harbor This presentation may contain forward-looking statements subject to the safe harbor protection provided by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995. These statements relate to future events and involve known and unknown risks and uncertainties that may cause actual outcomes to be materially different from those indicated by our forward-looking statement ...

Exhibit 99.1 April 18, 2024 Media contact: Investor/analyst contact: Media Relations Ryan St. John (206) 304-0008 VP Finance, Planning and Investor Relations ALKInvestorRelations@alaskaair.com Alaska Air Group reports first quarter 2024 results Achieved record first quarter operating revenue of $2.2 billion Ratified new agreement with AMFA-represented employees SEATTLE — Alaska Air Group (NYSE: ALK) today reported financial results for the first quarter ending March 31, 2024, and provided outlook for the se ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8957 ALASKA AIR GROUP, INC. Delaware 91-1292054 (State of Incorporation) (I.R.S. Employer Identification No.) 19300 International Boulevard, Seattle ...

Alaska Air Group, Inc. (NYSE:ALK) Q4 2023 Earnings Conference Call January 25, 2024 11:30 AM ET Company Participants Ryan St. John - Vice President, Finance, Planning & Investor Relations Ben Minicucci - President & Chief Executive Officer Andrew Harrison - Chief Revenue Officer & Chief Commercial Officer Shane Tackett - Chief Financial Officer Nat Pieper - Senior Vice President, Fleet, Finance & Alliances & Treasurer Conference Call Participants Ravi Shanker - Morgan Stanley Savi Syth - Raymond James Finan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8957 ALASKA AIR GROUP, INC. Delaware 91-1292054 (State of Incorporation) (I.R.S. Employer Identification No.) 19300 International Boulevard ...

Financial Data and Key Metrics Changes - The company reported a GAAP net income of $139 million for Q3 2023, with an adjusted net income of $237 million excluding special items and mark-to-market fuel hedge adjustments [3][4] - Adjusted EPS was $1.83, and the adjusted pre-tax margin was 11.4% [22][23] - Unit costs decreased by nearly 5% year-over-year, with CASMex down 4.9% [6][23] Business Line Data and Key Metrics Changes - Total revenues reached $2.8 billion, up 0.4% year-over-year, with a 13.7% increase in capacity [11] - Unit revenues were down 11.7% compared to 2022 but up 12.2% compared to 2019 [11] - Premium cabin revenues increased by 10%, and premium class revenues were up 6% year-over-year [15] Market Data and Key Metrics Changes - The company faced a $20 million revenue impact from the Maui wildfires, which affected bookings significantly [12] - Bookings to Maui were down 45% in September compared to the previous year, although recovery began at the end of August [12][13] - The company expects a revenue impact of approximately $18 million in Q4 due to ongoing recovery efforts in Maui [13] Company Strategy and Development Direction - The company aims to maintain a disciplined growth strategy, with a focus on optimizing capacity and moderating growth in response to higher fuel costs [9][20] - The transition to a single fleet of Boeing aircraft is expected to enhance operational efficiencies moving into 2024 [8][27] - The company is focused on diversifying revenue streams, with 45% of revenue generated outside the main cabin [9][16] Management's Comments on Operating Environment and Future Outlook - Management acknowledged near-term headwinds from rising crude oil prices and refining margins, particularly on the West Coast [7][28] - Despite challenges, management remains confident in the long-term fundamentals of the business, citing strong operational performance and cost management [8][22] - The company anticipates a full-year adjusted pre-tax margin of 7% to 8%, revised down due to fuel price impacts [29] Other Important Information - The company generated approximately $270 million in cash flow from operations during the quarter, with total liquidity standing at $3 billion [24] - The company has revised its full-year CapEx expectation to $1.7 billion for 2023 [24] - The company reached a tentative agreement with aircraft technicians and is in negotiations with flight attendants [26] Q&A Session Summary Question: What shifted in September regarding bookings? - Management noted that bookings were negatively impacted by the Maui wildfires and a transition from peak summer demand to more traditional business travel patterns [32] Question: How are Hawaii bookings performing? - Maui bookings are significantly down, while other Hawaiian islands are seeing some stability, albeit softer than historical levels [34][36] Question: What are the contributors to sequential revenue improvement? - The company has adjusted capacity in response to demand trends, which has positively impacted revenue performance [39] Question: What is the outlook for capacity growth in 2024? - The company is evaluating growth plans within a 4% to 8% range, with a focus on managing capacity prudently [40][42] Question: How is the company addressing network optimization? - Management is focusing on aligning aircraft supply with demand, particularly in high-frequency routes, to improve operational efficiency [48] Question: What are the key headwinds impacting capacity growth plans? - Fuel costs are a significant concern, particularly due to higher refining margins on the West Coast [62]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8957 ALASKA AIR GROUP, INC. Delaware 91-1292054 (State of Incorporation) (I.R.S. Employer Identification No.) 19300 International Boulevard, Sea ...