Alaska Air Group was founded in 1932 and is headquartered in SeaTac, US

Chairman and Chief Executive Officer of Alaska Air Group

President and Chief Operating Officer of Alaska Airlines

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

Executive Vice President and Chief Commercial Officer of Alaska Airlines

Alaska Air Group has an office in SeaTac

Sea Tac, US (HQ)

19300 International Blvd

Alaska Air Group's revenue was reported to be $1.7 b in Q1, 2017

USD

## Revenue (Q1, 2017) | 1.7 b |

## Net income (Q1, 2017) | 99 m |

## EBIT (Q1, 2017) | 166 m |

## Market capitalization (21-Jul-2017) | 11 b |

## Cash (31-Mar-2017) | 183 m |

Alaska Air Group's current market capitalization is $11 b.

- Source: VirginAmerica

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 5.2 b | 5.4 b | 5.6 b | 5.9 b |

## Revenue growth, % | 4% | 4% | 6% | |

## Sales and marketing expense | 225 m | |||

## Operating expense total | 4.3 b | 4.4 b | 4.3 b | 4.6 b |

## EBIT | 838 m | 962 m | 1.3 b | 1.3 b |

## EBIT margin, % | 16% | 18% | 23% | 23% |

## Interest expense | 56 m | 48 m | 42 m | 55 m |

## Interest income | 18 m | 21 m | 21 m | 27 m |

## Pre tax profit | 816 m | 975 m | 1.3 b | 1.3 b |

## Income tax expense | 308 m | 370 m | 464 m | 531 m |

## Net Income | 508 m | 605 m | 848 m | 814 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 1.4 b | 1.5 b | 1.3 b | 1.4 b | 1.5 b | 1.3 b | 1.5 b | 1.6 b | 1.7 b |

## Sales and marketing expense | 53 m | 55 m | 53 m | 54 m | 53 m | 49 m | 55 m | 58 m | 81 m |

## Operating expense total | 53 m | 55 m | 53 m | 54 m | 53 m | 49 m | 55 m | 58 m | 81 m |

## EBIT | 263 m | 316 m | 238 m | 372 m | 433 m | 290 m | 418 m | 400 m | 166 m |

## EBIT margin, % | 19% | 22% | 19% | 26% | 29% | 22% | 28% | 26% | 9% |

## Interest expense | (12 m) | (12 m) | (11 m) | (11 m) | (10 m) | (13 m) | (9 m) | (11 m) | (25 m) |

## Interest income | 5 m | 5 m | 5 m | 6 m | 5 m | 6 m | 7 m | 7 m | 7 m |

## Pre tax profit | 265 m | 316 m | 240 m | 376 m | 437 m | 292 m | 420 m | 402 m | 152 m |

## Income tax expense | 100 m | 118 m | 91 m | 142 m | 163 m | 108 m | 160 m | 146 m | 53 m |

## Net Income | 165 m | 198 m | 149 m | 234 m | 274 m | 184 m | 260 m | 256 m | 99 m |

- Source: VirginAmerica

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 80 m | 107 m | 73 m | 328 m |

## Inventories | 95 m | 105 m | 72 m | 121 m |

## Current Assets | 1.8 b | 1.8 b | 1.7 b | 2.1 b |

## Goodwill | 1.9 b | |||

## Total Assets | 5.8 b | 6.2 b | 6.5 b | 10 b |

## Accounts Payable | 64 m | 62 m | 63 m | 92 m |

## Total Debt | 871 m | 803 m | 686 m | 3 b |

## Current Liabilities | 1.6 b | 1.7 b | 1.8 b | 2.5 b |

## Additional Paid-in Capital | 538 m | 296 m | 73 m | 110 m |

## Retained Earnings | 1.6 b | 2.1 b | 2.9 b | 3.6 b |

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x | 0.3 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 22 m | 34 m | 51 m | 45 m | 88 m | 78 m | 81 m | 1.8 b | 183 m |

## Current Assets | 2 b | 1.8 b | 1.8 b | 1.7 b | 1.7 b | 1.9 b | 2 b | 3.6 b | 2.2 b |

## Goodwill | 1.9 b | ||||||||

## Total Assets | 6.3 b | 6.2 b | 6.4 b | 6.5 b | 6.6 b | 6.8 b | 7 b | 8.7 b | 10.3 b |

## Accounts Payable | 71 m | 68 m | 57 m | 56 m | 61 m | 63 m | 78 m | 71 m | 95 m |

## Current Liabilities | 1.9 b | 1.8 b | 1.9 b | 1.9 b | 1.9 b | 2.1 b | 2.1 b | 2.1 b | 2.8 b |

## Additional Paid-in Capital | 551 m | 399 m | 211 m | 56 m | 70 m | 86 m | 91 m | 103 m | 126 m |

## Retained Earnings | 1.8 b | 2 b | 2.3 b | 2.5 b | 2.7 b | 3 b | 3.3 b | 3.5 b | 3.6 b |

## Total Equity | 2.2 b | 2.2 b | 2.2 b | 2.2 b | 2.4 b | 2.5 b | 2.6 b | 2.9 b | 3 b |

## Financial Leverage | 2.9 x | 2.8 x | 3 x | 2.9 x | 2.8 x | 2.8 x | 2.7 x | 3 x | 3.4 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 508 m | 605 m | 848 m | 814 m |

## Depreciation and Amortization | 363 m | |||

## Accounts Receivable | 47 m | (46 m) | ||

## Cash From Operating Activities | 1.6 b | 1.4 b | ||

## Cash From Investing Activities | (930 m) | (2.6 b) | ||

## Cash From Financing Activities | (688 m) | 1.5 b | ||

## Interest Paid | 8 m | |||

## Income Taxes Paid | 349 m |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 118.5 k |

## Financial Leverage | 3.4 x |

Alaska Air Group's Daily Flights was reported to be 1.2 k in 2016

- Source: Company Filings