Alaska Air Group to Announce Financial Results

SEATTLE, Jan. 12 /PRNewswire-FirstCall/ -- Alaska Air Group, Inc. (NYSE: ALK),
the parent company of Alaska Airlines, Inc., and Horizon Air Industries, Inc.,
will announce its fourth quarter and full year 2008 financial results on
Thursday, Jan. 29, 2009. A conference call is scheduled at 8:30 a.m. Pacific
time/11:30 a.m. Eastern time. Interested parties may listen to the call via
webcast at alaskaair.com/investors.

Alaska Airlines and Horizon Air serve 90 cities through an expansive network
throughout Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines
ranked "Highest in Customer Satisfaction among Traditional Network Carriers
(tie)" in the J. D. Powers and Associates 2008 North America Airline
Satisfaction Study(SM). For reservations, visit alaskaair.com. For more news
and information, visit the Alaska Airlines/Horizon Air Newsroom at
alaskaair.com/newsroom.

SOURCE Alaska Air Group, Inc.

Media, Caroline Boren, +1-206-392-5101, or Investor-analyst, Shannon Alberts,
+1-206-392-5218, both of Alaska Air Group, Inc.