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Alaska Air Group

OverviewSuggest Edit

Alaska Air Group is an airline holding company. It operates two airlines: Alaska and Horizon. The company offers passenger and cargo services throughout its network.

TypePublic
Founded1932
HQSeattle, WA, USMap
Websitealaskaair.com
Employee Ratings3.7More
Overall CultureBMore
View Jobs (56)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)21,997(-8%)
Job Openings56
Revenue (FY, 2020)$3.6 B(-59%)
Share Price (Jul 2021)$58
Cybersecurity ratingCMore

Key People/Management at Alaska Air Group

Ben Minicucci

Ben Minicucci

Chief Executive Officer
Constance von Muehlen

Constance von Muehlen

COO
Andrew Harrison

Andrew Harrison

Executive Vice President and Chief Commercial Officer
Charu Jain

Charu Jain

Senior Vice President of Merchandising and Innovation
Kyle Levine

Kyle Levine

Senior Vice President of Legal and General Counsel
Andy Schneider

Andy Schneider

Senior Vice President, People
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Alaska Air Group Office Locations

Alaska Air Group has an office in Seattle
Seattle, WA, US (HQ)
19300 International Blvd
Show all (1)

Alaska Air Group Financials and Metrics

Alaska Air Group Revenue

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Alaska Air Group's revenue was reported to be $3.57 b in FY, 2020 which is a 59.4% decrease from the previous period.
USD

Revenue (Q1, 2021)

797.0m

Gross profit (Q1, 2021)

85.0m

Gross profit margin (Q1, 2021), %

10.7%

Net income (Q1, 2021)

(131.0m)

EBIT (Q1, 2021)

(161.0m)

Market capitalization (22-Jul-2021)

7.2b

Closing stock price (22-Jul-2021)

58.0

Cash (31-Mar-2021)

1.1b

EV

11.2b
Alaska Air Group's current market capitalization is $7.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

8.3b8.8b3.6b

Revenue growth, %

4%6%(59%)

Cost of goods sold

6.3b6.4b4.2b

Gross profit

1.9b2.4b(627.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.9b2.3b2.4b1.6b421.0m701.0m797.0m

Cost of goods sold

1.5b1.6b1.6b1.5b813.0m1.0b712.0m

Gross profit

341.0m692.0m742.0m145.0m(392.0m)(308.0m)85.0m

Gross profit Margin, %

18%30%31%9%(93%)(44%)11%
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Annual
USDFY, 2018FY, 2019FY, 2020

Cash

105.0m221.0m1.4b

Accounts Receivable

366.0m323.0m480.0m

Prepaid Expenses

125.0m121.0m123.0m

Inventories

60.0m72.0m57.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

215.0m244.0m237.0m811.0m1.5b1.9b1.1b

Accounts Receivable

358.0m389.0m377.0m279.0m280.0m321.0m517.0m

Prepaid Expenses

149.0m147.0m143.0m100.0m105.0m328.0m161.0m

Inventories

58.0m55.0m63.0m68.0m56.0m57.0m57.0m
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

437.0m769.0m(1.3b)

Depreciation and Amortization

398.0m423.0m420.0m

Cash From Operating Activities

1.2b1.7b(234.0m)

Purchases of PP&E

(960.0m)(696.0m)(206.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

4.0m266.0m588.0m(232.0m)(446.0m)(877.0m)(131.0m)

Depreciation and Amortization

106.0m211.0m317.0m108.0m215.0m320.0m97.0m

Cash From Operating Activities

468.0m1.0b1.4b33.0m321.0m116.0m167.0m

Purchases of PP&E

(115.0m)(333.0m)(527.0m)(119.0m)(168.0m)(204.0m)(27.0m)
show all
USDFY, 2018

EV/EBIT

14.8 x

EV/CFO

8 x

Revenue/Employee

353.5k

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

2.9 x

P/E Ratio

17.3
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Alaska Air Group Operating Metrics

Alaska Air Group's Daily Flights was reported to be 1.3 k in FY, 2019.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Daily Flights

1.2 k1.3 k

Destinations

115115115

Mainline Aircraft in Fleet

233237238238237225225217197201

Passengers

45.8 m10.42 m12.03 m12.57 m46.73 m8.93 m1.49 m3.6 m17.93 m4.67 m
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Alaska Air Group Acquisitions / Subsidiaries

Company NameDateDeal Size
Virgin AmericaDecember 14, 2016$2.6 b
Horizon Air Industries, Inc.November 20, 1986$68 m
AAG Leasing, Inc.
AAG Real Property, LLC.
Alaska Airlines, Inc.
ASA Assurance, Inc.
ASA Beverages, LLC.
McGee Air Services, Inc.

Alaska Air Group Revenue Breakdown

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Alaska Air Group revenue breakdown by business segment: 9.8% from Horizon, 71.6% from Mainline and 18.6% from Regional

Human Capital Metrics

Source: craft.co
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Alaska Air Group Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

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Alaska Air Group Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Alaska Air Group Online and Social Media Presence

Alaska Air Group's Trends

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Alaska Air Group Company Culture

  • Overall Culture

    B

    69/100

  • CEO Rating

    A+

    80/100

  • Compensation

    B

    70/100

  • Diversity

    B+

    74/100

Learn more on Comparably

Alaska Air Group News and Updates

July 22, 2021

Alaska Air Group reports second quarter 2021 results

SEATTLE, July 22, 2021 /PRNewswire/ -- Financial Results: Reported net income for the second quarter of 2021 under Generally Accepted Accounting Principles (GAAP) of $397 million, or $3.15 per share, compared to a net loss of $214 million, or $1.74 per share in the second quarter of 2020....
June 03, 2021

Artificial Intelligence Ranks Alaska Air Group Inc Among Today’s Top Shorts

The Dow Jones dropped 160 points, the S&P 500 declined 0.6%, and the Nasdaq fell 0.8%. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.
February 26, 2021

Should The Rally Continue In Alaska Air Group Stock?

The shares of Alaska Air Group have rallied 20% in the past month reaching the pre-Covid level as the U.S. government granted a second round of payroll support to airlines. Interestingly, the shares of popular online travel company Expedia have shot beyond February 2020 highs despite the near-term..
August 28, 2020

Is There Upside For Alaska Air Group Stock At $37?

After gaining 54% since the lows observed on March 23, we believe that Alaska Airlines’ stock has a potential upside at the current price of $37 per share despite tepid air travel demand and growing long-term liabilities. The coronavirus crisis brought air traffic to a grinding halt and prompted...
May 27, 2020

Thinking about trading stocks or options in Walt Disney, MGM Resorts, Alaska Air Group, Moderna, or Morgan Stanley?

NEW YORK, May 27, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DIS, MGM, ALK, MRNA, and MS. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...
May 22, 2020

Thinking about trading stocks or options in Globus Medical, Alaska Air Group, Lululemon Athletica, Palo Alto Networks, or Carnival Corp?

NEW YORK, May 22, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for GMED, ALK, LULU, PANW, and CCL. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...
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Alaska Air Group Blogs

July 28, 2021

Alaska Airlines appoints 34-year airline veteran to lead sales

July 27, 2021

The ultimate guide to visit Boise, Idaho

A trip to Boise is all about outdoor adventure, relaxation and enjoying the hidden gems around downtown. It's safe, clean and full of wide open spaces to bike, paddle & explore. AND for a limited time, we're offering 20% off your next trip when you book by 7/29!
July 15, 2021

Horizon Air pilots pass vote to amend labor contract

July 15, 2021

Alaska Airlines Foundation awards LIFT Grants to nonprofits as they transition from the COVID-19 pandemic

LIFT Grants support programs focused on young people in communities across five different states
July 13, 2021

Do’s & don’ts when returning to air travel

Planning to travel soon? Follow these do's and don'ts when you fly with us. ✈️
June 30, 2021

Hot tips for summer travel: pack light, mask up, we’re in it together!

Ready to fly? Read our summer travel tips to feel those vacation vibes as soon as you get to the airport.
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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 Ben Minicucci, Constance von Muehlen and Andrew Harrison.

  • How many employees does Alaska Air Group have?

    Alaska Air Group has 21,997 employees.

  • What is Alaska Air Group revenue?

    Latest Alaska Air Group annual revenue is $3.6 b.

  • What is Alaska Air Group revenue per employee?

    Latest Alaska Air Group revenue per employee is $162.1 k.

  • Who are Alaska Air Group competitors?

    Competitors of Alaska Air Group include WestJet, JetBlue Airways and American Airlines.

  • Where is Alaska Air Group headquarters?

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

  • Where are Alaska Air Group offices?

    Alaska Air Group has an office in Seattle.

  • How many offices does Alaska Air Group have?

    Alaska Air Group has 1 office.