Alaska Air Group, Inc.
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in mil. unless spec.Company Description
- CEO
- Benito Minicucci
- Full Time Employees
- 35,951
- Sector
- Transportation
- Industry
- Airlines
- Address
- 19300 International Boulevard Seattle WA United States 98188
- IPO Date
- Feb 23, 1983
- CIK
- 0000766421
- Website
- alaskaair.com
- Similar Companies
- Business
- Alaska Air Group, Inc. (ALK) is an airline holding company headquartered in SeaTac, Washington, and founded in 1932 as McGee Airways. The company operates through subsidiaries Alaska Airlines, Hawaiian Airlines, Horizon Air, and McGee Air Services, providing scheduled passenger and cargo air transportation services to more than 140 destinations across North America, Central America, Asia, and the Pacific; its fleet includes approximately 235 Boeing 737s for Alaska Airlines, 18 Airbus A321neos, 24 Airbus A330s, 19 Boeing 717s, and Boeing 787s for Hawaiian Airlines, and 44 Embraer 175s for Horizon Air. Core offerings encompass mainline and regional passenger services with premium cabins, first class, Mileage Plan loyalty program, air cargo via belly capacity and freighters, ground handling, and oneworld alliance connectivity to over 1,000 global destinations. Recent developments include the completed acquisition of Hawaiian Airlines in late 2024, enabling network synergies projected at $235 million annually; the launch of Alaska Accelerate strategic plan targeting $1 billion in incremental profit by 2027 through Seattle global hub expansion with up to 17 Boeing 787-9 Dreamliners, new routes to London, Reykjavik, Tokyo Narita, and Incheon, premium seating growth to 29% of narrowbody capacity, new lounges in San Diego, Honolulu, and Seattle flagship by 2027, premium credit card rollout, and cargo diversification; $1.5 billion Mileage Plan financing in 2024 to redeem Hawaiian merger-related debt and boost liquidity; and Q3 2025 earnings highlighting industry-leading pretax margins and operational outperformance.
Company News
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