SEATTLE, Oct 1, 2002 (BUSINESS WIRE) -- For the first time Alaskans can leverage the Permanent Fund Dividend into even greater savings with the Alaska Airlines Vacations PFD sale.

The PFD Vacations special saves $50 per adult up to a maximum of $200 when purchasing an Alaska Airlines Vacation Package. Choose between packages to Disney and other Southern California attractions, six sunny Mexico destinations, the desert Southwest, California's wine country and more.

When booking and purchasing mention or use special Permanent Dividend Fund promotion code "AS02PFD".

Packages must be purchased by November 6, 2002, and all travel must be completed by September 7, 2003.

The offer cannot be combined with any other discount and only one promotion code is allowed per booking. The discount is valid on future bookings only. Travel must originate from the state of Alaska and include purchased airfare solely on Alaska Airlines/Horizon Air. The offer is not valid on Las Vegas and Reno Vacations packages. The discount may be used for up to four adults (age 18 and older) traveling together for a maximum value of $200 per booking. All terms and conditions of the Alaska Airlines Vacations packages will apply.

For planning and purchasing an Alaska Airlines Vacations package, go to www.alaskaair.com, call Vacations at 800-426-2248 or call your travel agent.

The nation's ninth largest carrier, Alaska (NYSE:ALK) celebrates its 70th anniversary this year. Readers of Travel+Leisure magazine recently voted Alaska Airlines first among the major airlines in the "World's Best Domestic Airline" survey. With the addition of the carrier's newest cities, New York/Newark and Miami, Alaska will serve 51 cities in Alaska, the Lower 48, Canada and Mexico.

For more news and information, visit the Alaska Airlines Newsroom on the Internet at http://newsroom.alaskaair.com.

CONTACT:          Alaska Airlines
                  Jack Walsh, 206/901-8753
                  Jack Evans, 206/433-3134

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