Alaska Air Group Inc. is an airline holding company that owns three certificated airlines operating in the United States: Alaska Airlines, Horizon Air and Virgin America. The Company offers extensive passenger service from the western U.S. throughout the contiguous United States, Alaska, Hawaii, Canada, Mexico, Costa Rica and Cuba. Alaska Air Group also offers cargo service throughout its network and have dedicated cargo aircraft that operate primarily to and within the state of Alaska.

Employee Rating

3.6More
TypePublic
HQSeaTac, US
Founded1932
Size (employees)21,461 (est)+7%
Websitealaskaair.com
Alaska Air Group was founded in 1932 and is headquartered in SeaTac, US
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Key People/Management at Alaska Air Group

Brad Tilden

Brad Tilden

Chairman and Chief Executive Officer of Alaska Air Group
Ben Minicucci

Ben Minicucci

President and Chief Operating Officer of Alaska Airlines
Brandon Pedersen

Brandon Pedersen

Executive Vice President Finance and Chief Financial Officer of Alaska Air Group
Andrew Harrison

Andrew Harrison

Executive Vice President and Chief Commercial Officer of Alaska Airlines
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Alaska Air Group Office Locations

Alaska Air Group has an office in SeaTac
SeaTac, US (HQ)
19300 International Blvd
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Alaska Air Group Financials and Metrics

Alaska Air Group Revenue

Alaska Air Group's revenue was reported to be $7.93 b in FY, 2017
USD

Revenue (Q3, 2018)

2.2b

Net income (Q3, 2018)

217.0m

EBIT (Q3, 2018)

297.0m

Market capitalization (9-Nov-2018)

8.1b

Closing stock price (9-Nov-2018)

66.0

Cash (30-Sep-2018)

174.0m

EV

10.0b
Alaska Air Group's current market capitalization is $8.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

5.2b5.4b5.6b5.9b7.9b

Revenue growth, %

4%4%6%

Sales and marketing expense

225.0m

Operating expense total

225.0m6.7b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

1.6b1.2b1.4b1.5b1.3b1.4b1.5b1.3b1.5b1.6b1.7b2.1b2.1b1.8b2.2b2.2b

Sales and marketing expense

47.0m46.0m53.0m55.0m53.0m54.0m53.0m49.0m55.0m58.0m81.0m97.0m91.0m78.0m88.0m79.0m

Operating expense total

1.1b1.1b1.1b1.1b1.0b1.1b1.1b1.1b1.1b1.2b1.6b1.6b1.7b1.8b1.9b1.9b

Depreciation and amortization

70.0m75.0m79.0m92.0m101.0m90.0m90.0m95.0m94.0m97.0m99.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

80.0m107.0m73.0m328.0m194.0m

Inventories

95.0m105.0m72.0m121.0m

Current Assets

1.8b1.8b1.7b2.1b2.1b

PP&E

9.3b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

41.0m90.0m22.0m34.0m51.0m45.0m88.0m78.0m81.0m1.8b183.0m198.0m144.0m177.0m102.0m174.0m

Current Assets

1.9b1.9b2.0b1.8b1.8b1.7b1.7b1.9b2.0b3.6b2.2b2.4b2.2b2.1b2.2b2.1b

Goodwill

1.9b1.9b1.9b1.9b1.9b1.9b

Total Assets

5.9b6.1b6.3b6.2b6.4b6.5b6.6b6.8b7.0b8.7b10.3b10.7b10.7b10.8b11.1b10.9b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

508.0m605.0m848.0m814.0m1.0b

Depreciation and Amortization

363.0m372.0m

Cash From Operating Activities

1.6b1.4b1.6b

Cash From Investing Activities

(930.0m)(2.6b)(1.1b)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

289.0m94.0m165.0m457.0m149.0m383.0m274.0m184.0m444.0m700.0m99.0m395.0m661.0m4.0m197.0m414.0m

Depreciation and Amortization

67.0m70.0m73.0m218.0m76.0m155.0m81.0m88.0m180.0m281.0m90.0m180.0m275.0m94.0m191.0m290.0m

Accounts Payable

71.0m68.0m57.0m56.0m61.0m63.0m78.0m71.0m95.0m

Cash From Operating Activities

242.0m892.0m889.0m899.0m1.2b470.0m1.1b1.4b306.0m726.0m986.0m
USDY, 2018

EV/EBIT

33.6 x

EV/CFO

10.1 x

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.9 x
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Alaska Air Group Operating Metrics

FY, 2013FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Fuel Consumed, gallons

447 m469 m119 m138 m132 m508 m132 m138 m140 m554 m184 m201 m

Passenger Load Factor

85.6%85.1%83.4%84.9%85.6%84.1%82%84.9%85.6%84.3%81.3%86.8%

Passenger Revenue per Available Seat Mile

$0.13 $0.13 $0.12 $0.12 $0.13 $0.12 $0.11 $0.11 $0.12 $0.11 $0.10 $0.12

Passengers

27 m29 m7.32 m8.02 m8.62 m31.88 m7.84 m8.65 m9.05 m34.29 m10.02 m11.40 m
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Alaska Air Group Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Virgin AmericaDecember 14, 2016$2.60 b

Alaska Air Group Revenue Breakdown

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Alaska Air Group revenue breakdown by business segment: 6.7% from Horizon, 77.7% from Mainline and 15.5% from Regional

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Alaska Air Group Online and Social Media Presence

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Alaska Air Group News and Updates

Alaska Air Group declares Quarterly Dividend

SEATTLE, Nov. 1, 2018 /PRNewswire/ -- The board of directors of Alaska Air Group has declared a regular quarterly cash dividend of 32 cents per share. The dividend will be paid on Dec. 6, 2018, to all shareholders of record as of Nov. 20, 2018. Dividends are financed from operating cash...

Alaska Air Group reports August 2018 operational results

SEATTLE, Sept. 17, 2018 /PRNewswire/ -- Alaska Air Group Inc. today reported August and year-to-date operational results on a consolidated basis for its mainline operations operated by subsidiary Alaska Airlines Inc. and for its regional flying operated by subsidiary Horizon Air...

Alaska Air Group to webcast presentation at the Cowen 11th Annual Global Transportation Conference

SEATTLE, Aug. 29, 2018 /PRNewswire/ -- Alaska Air Group, Inc. (NYSE: ALK), the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., today announced it will webcast a presentation by Brandon Pedersen, Alaska's executive vice president, finance, at the Cowen 11th Annual...
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Alaska Air Group Blogs

Alaska Airlines and Paine Field go way back – all the way to the ’40s

When we announced we’d be flying out of Paine Field Snohomish County Airport in Everett, Washington, we heard your cheers. What you may not realize is how loudly we’re cheering with you – and why. By offering new commercial service, subject to government approval, from the North Puget Sound region i…

Brad Tilden: Meet Kennie Luu, one of our best

By Brad Tilden, CEO Chances are, if you’ve flown through Seattle, you’ve seen and may even know Kennie Luu. He’s the guy with a smile a mile wide. If you need something, he wants to help you. Each year, Alaska recognizes the best of the best of our people with the Customer Service Legend Award — the…

3 feel-good #iAmAlaska stories we love

Lightening the load after climbing accident A group of experienced climbers were about 1,500 feet up Hayes Glacier in the Eastern Alaska Range when a boulder about two feet in diameter was dislodged. Though Ilana Jesse tried to get out of the rock’s path, it hit another boulder and crushed her left …

How to ski for free with your Alaska Airlines boarding pass

Did you know you can use your Alaska Airlines boarding pass to redeem incredible ski deals, including free lift tickets? We’re also making it more affordable to fly with your gear. Instead of charging oversize bag fees for skis and snowboards, you can check them for $30. And don’t forget: Eligible A…

The fear of flying: Helping kids with autism ease into air travel

Temple Grandin, a well-known advocate for people on the autism spectrum, says children have to experience different things in order to develop. “A child’s not going to find out he likes to play a musical instrument if you never expose him to it,” she said. That could also be said of air travel, whic…

Prepare to step into our stepped-up lounges

We’re investing in our airport lounges as part of a multi-year commitment to refresh and expand our portfolio. Here’s a preview of what’s coming to an Alaska Lounge near you. What’s new In the coming months, we’ll be enhancing our lounges in Portland, Anchorage, Los Angeles, and Seattle. Expect refr…
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Alaska Air Group Company Life and Culture

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Alaska Air Group Frequently Asked Questions

  • When was Alaska Air Group founded?

    Alaska Air Group was founded in 1932.

  • Who are Alaska Air Group key executives?

    Alaska Air Group's key executives are Brad Tilden, Ben Minicucci and Brandon Pedersen.

  • How many employees does Alaska Air Group have?

    Alaska Air Group has 21,461 employees.

  • What is Alaska Air Group revenue?

    Latest Alaska Air Group annual revenue is $7.9 b.

  • What is Alaska Air Group revenue per employee?

    Latest Alaska Air Group revenue per employee is $369.6 k.

  • Who are Alaska Air Group competitors?

    Competitors of Alaska Air Group include Delta Air Lines, Southwest Airlines and American Airlines.

  • Where is Alaska Air Group headquarters?

    Alaska Air Group headquarters is located at 19300 International Blvd, SeaTac.

  • Where are Alaska Air Group offices?

    Alaska Air Group has an office in SeaTac.

  • How many offices does Alaska Air Group have?

    Alaska Air Group has 1 office.