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)23,156 (est)+22%
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 (17-Jan-2019)

7.9b

Closing stock price (17-Jan-2019)

64.4

Cash (30-Sep-2018)

174.0m

EV

9.8b
Alaska Air Group's current market capitalization is $7.9 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 x

EV/CFO

9.9 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

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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 to announce fourth quarter financial results

SEATTLE, Jan. 4, 2019 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will announce its fourth quarter and full year 2018 financial results after the market closes at 4 p.m. Eastern time/1 p.m. Pacific time, Thursday, Jan. ...

Alaska Air Group reports November 2018 operational results

SEATTLE, Dec. 14, 2018 /PRNewswire/ -- Alaska Air Group Inc. today reported November 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 host investor day

SEATTLE, Nov. 21, 2018 /PRNewswire/ -- Alaska Air Group, Inc. (NYSE: ALK), the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will hold an investor day on Tuesday, Nov. 27, 2018 in New York City. Remarks by company management will begin at approximately 11:30 a.m. ...

Alaska Air Group reports October 2018 operational results

SEATTLE, Nov. 16, 2018 /PRNewswire/ -- Alaska Air Group Inc. today reported October 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 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...
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Alaska Air Group Blogs

Alaska Airlines names three vice presidents

Positions will oversee maintenance and engineering; inflight; and labor relations

Leading the West Coast with 50% women on our board

Alaska Air Group’s female independent board directors. From left: Phyllis Campbell, Patricia (Patty) Bedient (seated), Helvi Sandvik, Susan Li and Marion Blakey (seated). ‘It starts at the top’ Alaska Airlines Lead Director Patty Bedient is proud to serve on our board with 50 percent women, arguing …

Alaska Airlines announces tickets now on sale for Paine Field flights

Fares start at $39 one-way* to eight West Coast destinations with 18 daily nonstop departures

Ohhh, the possibilities at Paine Field! Tickets now on sale for 18 daily departures to 8 cities

If you live north of Seattle and throughout Snohomish County, we’re ready to make your day with some news you’ve probably been waiting to hear: We’re now selling tickets for 18 daily nonstop flights between Paine Field in Everett, Washington, and eight West Coast cities. Say hello to Alaska flights …

8 tips to keep the “nice” in your holiday travel

The week of Thanksgiving and the last two weeks of December. These are typically the busiest and most stressful times to travel. To prepare for another holiday season and deflect some of that stress, here’s eight tips to make your journey as smooth as possible. 1. Buy gifts for them, earn miles for …
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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 23,156 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 $342.6 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.