Alaska Air Group, Inc. · NYSE:ALK

Alaska Air — Corporate Update (April 2008)

4 slides from Alaska Air's corporate update, Apr 24, 2008

  1. Slide 1: Air Group is well prepared to weather another downturn

    Air Group is well prepared to weather another downturn Strong hedge portfolio Young, fuel-efficient, simple fleet Strong network of codeshare partners, poised to benefit from Trans-Pac growth Good progress with cost reduction Conservative balance sheet with strong liquidity The PNW and Alaska may fa

  2. Slide 2: Alaska's aircraft are the most fuel-efficient in operation today

    Better Alaska’s aircraft are the most fuel-efficient in operation today Alaska Domestic Mission Rules 1,000 statute miles Nominal fuel burn Pax/Bag weight = 220 lb 100% load factor Source: The Boeing Company 10.76 11.16 11.65 12.38 12.63 12.75 13.12 15.36 16.49 737-900W 172 seats 737-800W 157 seats

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  4. Slide 4: Horizon Air CASM comparison

    Horizon Air CASM comparison Fuel assumed at oil price of $110/bbl 23.2¢ 24.1¢ 14.9¢ 45.3¢ 34.2¢ 17.7¢ 18.4¢ 28.8¢ 16.0¢ 13.9¢ 16.6¢ 0¢ 10¢ 20¢ 30¢ 40¢ 50¢ Seattle- Portland Seattle- Missoula Seattle- Santa Rosa System Average Q200 CRJ Q400 NA Stage length (miles)

Alaska Air Group — Corporate Update (April 2008) on 6ix