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, US
Websitealaskaair.com
Employee Ratings4
Overall CultureC+

Latest Updates

Employees (est.) (Dec 2020)21,997(-8%)
Job Openings119
Revenue (FY, 2020)$3.6 B(-59%)
Share Price (May 2022)$46.2(+4%)
Cybersecurity ratingCMore
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Key People/Management at Alaska Air Group

Ben Minicucci

Ben Minicucci

Chief Executive Officer
Constance von Muehlen

Constance von Muehlen

Executive Vice President and Chief Operating Officer, Alaska Airlines
Andrew Harrison

Andrew Harrison

Executive Vice President and Chief Commercial Officer
Diana Birkett Rakow

Diana Birkett Rakow

Senior Vice President, Public Affairs and Sustainability
Charu Jain

Charu Jain

Senior Vice President, Merchandising and Innovation
Kyle Levine

Kyle Levine

Senior Vice President, Legal and General Counsel
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Alaska Air Group Office Locations

Alaska Air Group has an office in Seattle
Seattle, WA, US (HQ)
19300 International Blvd
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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 (Q2, 2021)

1.4b

Market capitalization (13-May-2022)

5.8b

Closing stock price (13-May-2022)

46.2

Cash (30-Jun-2021)

1.0b

EV

9.4b
Alaska Air Group's current market capitalization is $5.8 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, 2021Q2, 2021

Revenue

1.9b2.3b2.4b1.6b421.0m701.0m797.0m1.4b

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%
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
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, 2021Q2, 2021

Net Income

4.0m266.0m588.0m(232.0m)(446.0m)(877.0m)(131.0m)266.0m

Depreciation and Amortization

106.0m211.0m317.0m108.0m215.0m320.0m97.0m195.0m

Cash From Operating Activities

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

Purchases of PP&E

(115.0m)(333.0m)(527.0m)(119.0m)(168.0m)(204.0m)(27.0m)(102.0m)
USDFY, 2018

Revenue/Employee

353.5k

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

2.9 x
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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: 18.6% from Regional, 71.6% from Mainline and 9.8% from Horizon

Human Capital Metrics

Source: craft.co
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Alaska Air Group Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

SecurityScorecard logo

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

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Alaska Air Group Online and Social Media Presence

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Alaska Air Group Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    A-

    76/100

  • Compensation

    C+

    65/100

  • Diversity

    A-

    75/100

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Alaska Air Group News and Updates

Alaska Air Group reports first quarter 2022 results

SEATTLE, April 21, 2022 /PRNewswire/ -- Alaska Air Group (NYSE: ALK) today reported financial results for its first quarter ending March 31, 2022 and provided outlook for the second quarter ending June 30, 2022. "Alaska has a proven track record and a resilient business model that...

Alaska Air Group provides update on long-term growth strategy

Company to host Investor Day in New York City today; unveils long-term financial framework and provides full-year 2022 outlook NEW YORK, March 24, 2022 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK), the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., today will...

Alaska Air Group to hold Investor Relations Day

SEATTLE, March 11, 2022 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., today announced it will hold an Investor Relations Day in New York City from 11:30 a.m. to 2:30 p.m. ET on March 24, 2022. The event will feature...

Alaska Air Group delivers strong fourth quarter 2021 and full-year results

SEATTLE, Jan. 27, 2022 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today announced another quarter of improvement in its financial results for the fourth quarter and full year ended December 31, 2021, and provided an outlook for the first quarter ending March 31, 2022. "While...

Alaska Air Group reports third quarter 2021 results

SEATTLE, Oct. 21, 2021 /PRNewswire/ -- Alaska Air Group (NYSE: ALK) today reported financial results for its third quarter ending Sept. 30, 2021, and provided outlook for the fourth quarter ending Dec. 31, 2021. The third quarter marks a significant stride forward in Alaska Air Group's...

Alaska Air Group Stock Poised For Long-Term Gains?

The shares of Alaska Air Group have lost 8% in value over the past two weeks largely due to concerns of high operational costs from pent-up benchmark prices. Government aid supported payroll related expenses, even in the third quarter, shielding against the negative impact of the fourth wave of...
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Alaska Air Group Blogs

Guest writes, “Dear Alaska Airlines, you changed my life”

Creating meaningful connections and fond memories is what we strive for every day.  For Carrie, we created a lifetime of them & we just had to share her letter to Alaska.

Alaska Air Cargo delivers season’s first Copper River Salmon to Seattle

Straight from the frigid waters of the Copper River in Alaska, the first delivery of fresh salmon arrived today at Seattle-Tacoma International Airport. Nearly 17,200 pounds of wild Alaska Copper River Salmon was flown by Alaska Air Cargo — the first of many shipments expected this season.

A message from Alaska Airlines CEO Ben Minicucci: Getting back on track

CEO Ben Minicucci apologizes for recent operational impacts and shares how we’re getting back to being the airline you know and trust. To hear why this happened and the actions we’re taking to make it right, please watch this two-minute video message.

International arriving gets a world-class upgrade at Alaska’s hometown airport in Seattle

Behold Seattle's new, state-of-the-art International Arrivals Facility — a faster, modernized, more efficient way to arrive back into the Pacific Northwest from around the world.

Want to fly? How to become a pilot with Alaska Airlines and Horizon Air

The need for the next generation of pilots is greater than ever. Alaska and Horizon expect to hire more than 900 pilots by the end of 2022, including Austen Pyle who was inspired to become a pilot after Alaska’s Aviation Day in 2015. Ready to join our award-winning crew? Explore our career pathways.

Alaska’s new Star Wars-themed aircraft celebrates adventures to “Star Wars: Galaxy’s Edge” at Disneyland Resort

Alaska Airlines joined forces with Disneyland Resort today, May the Fourth, to unveil a new, one-of-its-kind Star Wars-themed aircraft that even Chewbacca would be proud of!
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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.