Infinata Report

Template ID : 2705 Edit

Access More Information on Alaska Airlines, Inc. !

	Corporate Tracker Subscribers have complete access to all available research and information on Alaska Airlines, Inc. including detailed executive and manager listings, financial data, M&A and financing activities, personnel changes and more. Register for a free trial today and see what you've been missing.

Av.Cordoba 795 – 10th.Floor

Buenos Aires, C1054AAG

Argentina

Phone	(54-11) 4315-5457
Fax	(54-11) 4893-2918

Company Information

Company Information
Industry	Airlines/Air Transportation and Related

# of Employees	12933

Ownership	Public Company



Company Security Requirements	1. Very High

Company Storage Requirements	1. Very High

Fortune 1000 Rank	596

Description

Alaska Air Group, Inc. (Air Group), incorporated in 1985, is a holding company that has two principal subsidiaries, Alaska Airlines, Inc. (Alaska) and Horizon Air Industries, Inc. (Horizon). Both subsidiaries operate as airlines, although their business plans, competition and economic risks differ substantially. Alaska is an airline that operates an all-jet fleet, and its average passenger trip length is 996 miles. Horizon is a regional airline that operates jet and turboprop aircraft, and its average passenger trip is 363 miles.

Top Executives

Executive Name	Title
Ayer, William	Chairman Of The Board, President, CEO Of The Company And Alaska Airlines
Bagley, George	Executive Vice President/Operations Of Alaska Airlines, Inc
Elson, Renee	Association Of Flight Attendants Master Executive Council President
Kemp, Tom	System Chief Pilot
Pinneo, Jeffrey	President, Chief Executive Officer Of Horizon Air Industries, Inc.
Saretsky, Gregg	Executive Vice President - Flight And Marketing For Alaska Airlines
Tilden, Bradley	Chief Financial Office, Executive Vice President - Finance & Planning

View All Alaska Airlines, Inc. Management and Contacts Available thru Corporate Tracker

Corporate Tracker doesn't just provide C-level executives, but goes deep within the organizational structure of the companies, governments and academic institutions that we track. This ensures that you are able to identify the decision makers and influencers that allow you to grow your business.

Register for a free trial today and view all executives and managers.

Recent Company Events

Date	Type of Event	Details
2008-01-24	Earnings/Dividends	Alaska Air Group, Inc. today reported full year net income of $125.0 million, or $3.09 per diluted share, compared to a net loss of $52.6 million, or $1.39 per share, in 2006. The prior year results include charges related to the transition to an all Boeing 737 fleet at Alaska Airlines and for voluntary severance programs related to new labor contracts. Both periods include adjustments resulting from mark to market fuel hedge accounting. Excluding the impact of these items, the company would have reported net income of $92.3 million, or $2.28 per diluted share, compared to net income of $137.7 million, or $3.45 per diluted share, in 2006. The company reported fourth quarter net income of $7.4 million, or $0.19 per diluted share, compared to a net loss of $11.6 million, or $0.29 per share, in 2006. Similar to the items noted above, both periods include mark to market fuel hedge accounting adjustments and 2006 includes a favorable adjustment related to the voluntary severance programs. Excluding the impact of these adjustments, the company would have reported a fourth quarter net loss of $17.9 million, or $0.46 per share, compared to a net loss of $3.4 million, or $0.08 per share, in 2006. A reconciliation of these non GAAP measures can be found on page 6. "It's frustrating to report a fourth quarter adjusted loss in what has been a solid year relative to other carriers," said Bill Ayer, chairman and chief executive officer. "The loss was driven primarily by skyrocketing fuel costs combined with fares that have not kept pace. However, our fleet transition, fuel hedging program and other efforts to reduce fuel consumption put us in an excellent position to compete in this difficult environment." Alaska Airlines' mainline passenger traffic in the fourth quarter increased 6.0 percent on a capacity increase of 4.6 percent. Load factor increased by 1.0 percentage points to 74.7 percent. Alaska's mainline operating revenue per available seat mile (ASM) increased 2.7 percent and its operating costs per ASM excluding fuel and the special items mentioned above decreased 3.0 percent from the prior year. Alaska's total pretax income for the quarter was $15.2 million, compared to a pretax loss of $12.1 million in 2006. Excluding the items noted above, Alaska would have reported a pretax loss of $18.8 million for the quarter compared to a $1.9 million pretax loss in the fourth quarter of 2006. Horizon Air's combined passenger traffic in the fourth quarter increased 9.7 percent on a 10.3 percent capacity increase. Load factor declined by 0.4 percentage points to 72.6 percent. Horizon's combined operating revenue per ASM increased 3.9 percent and its operating costs per ASM excluding fuel decreased 0.8 percent. Horizon's total pretax loss for the quarter was $4.8 million, compared to a pretax loss of $3.5 million in 2006. Excluding mark to market fuel hedge accounting adjustments, Horizon's pretax loss was $11.2 million for the quarter, compared to a pretax loss of $0.5 million in the fourth quarter of 2006. Alaska Air Group had cash and short term investments at Dec. 31, 2007, of $823 million. The company repurchased 2,593,282 shares of its common stock for $62.8 million through Dec. 31, 2007, pursuant to the $100 million share repurchase program authorized by the Board of Directors in September 2007. As of yesterday, the company had repurchased 3,292,882 shares of its common stock for a total of $79.3 million. A summary of financial and statistical data for Alaska Airlines and Horizon Air, as well as a reconciliation of the reported non GAAP financial measures, can be found on pages 7 through 11. A conference call regarding the full year and fourth quarter 2007 results will be simulcast via the Internet at 8:30 a.m. Pacific time on Jan. 24, 2008. It can be accessed through the company's Web site at alaskaair.com/investors. For those unable to listen to the live broadcast, a replay will be available after th
2007-12-13	Contract/Agreements	Alaska Airlines and Horizon Air today announced they have entered into a new codeshare agreement and an expanded frequent flier partnership with Air France. Under the codeshare agreement, Air France will sell codeshare tickets on Alaska and Horizon operated flights serving 18 cities in the Pacific Northwest and Alaska. The codeshare flights conveniently connect with Air France's nonstop Seattle Paris flights, which offer further connections to points throughout the carrier's route system in Europe, India, Africa and the Middle East. Tickets for travel beginning Jan. 5, 2008, will be available for purchase from Air France starting Dec. 15. "The new codeshare agreement will significantly benefit customers traveling from the Pacific Northwest and Alaska to Europe and other international destinations, taking advantage of Air France's extensive network," said Don Garvett, Alaska Airlines' vice president of strategy and corporate development. "Customers will be able to purchase a single ticket, check bags only once and enjoy convenient connections to their final Air France destination." Alaska and Horizon also recently expanded their frequent flier partnership with the Air France/KLM Flying Blue program. Alaska Airlines Mileage Plan members can earn miles that count toward MVP and MVP Gold status qualification and redeem mileage credit on Air France and KLM flights worldwide. Air France operates 1,700 daily flights with a fleet of 389 aircraft, including 131 regional aircraft operated by its subsidiaries Britair, CityJet and Regional. Air France and KLM together gave birth to Europe's leading air transport group in May 2004. Both airlines now offer their customers a combined network, which includes a total of 237 destinations in 104 countries. Air France is a founding member of SkyTeam, a global airline alliance that provides customers with worldwide destinations, flights and services. Air France was founded in 1933. Please visit Air France on the Web at http://www.airfrance.com. Alaska Airlines Mileage Plan members can earn or redeem mileage on more than a dozen airlines, including more major U.S. airlines than any other frequent flier program. The program offers additional opportunities to earn miles through an extensive network of partners, including the Alaska Airlines Visa credit and debit cards, Mileage Plan Shopping, Mileage Plan Dining, Safeway and more than 30 hotel and car rental partners worldwide. Alaska Airlines and Horizon Air together serve 92 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. For reservations, visit alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at http://alaskaair.com/newsroom. s.server=server() s.channel="news release" s.pageName="news_release_alaska airlines, horizon air announce new codeshare agreement, expanded frequent flier partnership with air france" s.prop2="109" s.prop3="12 13 2007" /*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code); //

For assistance call Corporate Tracker Support at 1.866.501.6948

--------------------------------------------------------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------------------------------------------------------