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Alaska Airlines Announces Earnings Conference Call Thursday, July 19, 2001, at 2:00 p.m. ET

SEATTLE--(BUSINESS WIRE)--July 12, 2001--Alaska Air Group, Inc. (NYSE:ALK), will hold its quarterly conference call to discuss second quarter results on Thursday, July 19, 2001, at 2:00 p.m. Eastern Time (11 a.m. Pacific Time).

This call is being webcast by CCBN and can be accessed at Alaska's web site www.alaskaair.com.

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com). StreetEvents allows institutional investors to identify, organize, and track the hundreds of conference calls that occur each day during earnings season, to download events of interest to their Outlook calendar, and to RSVP to events online.

--30--ak/da*

CONTACT: Alaska Air Group, Inc.
Jack Evans, 206/433-3134
or
Jack Walsh, 206/901-8753