SUMMARY: Top executives from Alaska Air Group, Alaska Airlines and
         Horizon Air will hold their annual informal question and
         answer session with the media immediately prior to the 2002
         shareholders meeting, which is being held in Fairbanks,
         Alaska, this year to celebrate the carrier's 70th
         anniversary.
WHO:     John F. Kelly, chairman, president & CEO of Alaska Air Group,
         Bill Ayer, president and CEO of Alaska Airlines, and Jeff
         Pinneo, president and CEO of Horizon Air.
WHERE:   The media Q&A session will be held in the Rampart Room of the
         Westmark Hotel, 813 Noble St., Fairbanks.
WHEN:    May 30.
         The media Q&A session will begin promptly at 1 p.m., followed
         immediately by the shareholders meeting at 2 p.m. in the Gold
         Room.
CONTACT: Please RSVP by calling Jack Walsh, Alaska Airlines external
         communications, at 206/901-8753.

CONTACT:          Alaska Airlines
                  Jack Walsh, 206/901-8753

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