Sale Into Summer With Low Alaska Airlines Fares and Save an Additional 10 Percent At alaskaair.com

Business Wire, May 28, 2002

Business Editors & Travel Writers

SEATTLE--(BUSINESS WIRE)--May 28, 2002

Now's the time to make summer travel plans with Alaska Airlines' (NYSE:ALK) summer sale.

And save still more purchasing on the Web at alaskaair.com.

Special low fares are available for travel to many Alaska Airlines destinations through Sept. 30, but tickets must be purchased by June 6. An additional 10 percent savings is available on these and all other published fares at alaskaair.com.

Sample fares each way, based on roundtrip purchase are:

                                                               Fare
Between                                                      Each Way
-------                                                      --------
Boston or Washington, D.C. and Seattle                         $199
Seattle and Denver                                             $149
Seattle and San Diego or Orange County                         $104
Seattle and Sacramento or San Francisco                         $84
Seattle and Las Vegas                                           $94
Spokane and Tucson                                              $94
Portland and Ketchikan                                         $145
Portland and San Jose or Oakland                                $74
Phoenix and Seattle, Portland or Spokane                        $94
Los Angeles or Burbank and Portland                             $99
Ontario and Spokane                                             $99
San Francisco and Vancouver, B.C.                               $74
Los Angeles and Calgary (daily nonstop)                        $111
Oakland and Orange County                                       $49
Palm Springs and San Francisco                                  $69
Anchorage and San Francisco                                    $215
Fairbanks and Seattle                                          $205
Los Angeles and Los Cabos                                      $104
San Francisco and Ixtapa/Zihuatanejo                           $224
Portland and Puerto Vallarta                                   $169
Seattle and Mazatlan                                           $159

All fares are in USD. A seven-day advance purchase and a two-night minimum stay are required (Boston, Washington, D.C., Denver and Alaska fares require a Friday or Saturday night stay). Southern California and Denver fares are valid for travel from noon Monday to noon Thursday or on Saturday from 2 p.m. to midnight, and Boston and Washington, D.C. fares are valid Monday through Thursday.

Fares to Mexico are valid for southbound travel Sunday through Wednesday and northbound travel Tuesday through Friday. Some blackout dates apply, and fares allow a 30-day maximum stay.

Fares do not include airport passenger-facility charges of up to $18 (amount depends on itinerary); federal segment tax of $3 per takeoff and landing; and the September 11th Security Fee of $2.50 per enplanement, up to $10. Fares to Mexico do not include international departure taxes of approximately $28; U.S. transportation tax of $26; and Mexico visitors tax of $20 (fluctuates with the dollar-peso exchange rate). Fares to Canada do not include Canadian airport improvement fees, which vary by airport; Canadian security fee of $8; and the U.S. immigration fee of $7.

All tickets are changeable for a $50 change fee, plus any applicable changes in fare. Seats are limited and may not be available on all flights or on all days.

The 10 percent discount applies to reservations entirely booked and purchased online at alaskaair.com or horizonair.com. Tickets must be purchased by June 6 and travel must be completed by Sept. 30. The discount applies to published fares for flights operated by Alaska Airlines or Horizon Air. The discount applies to new bookings only and cannot be combined with other discounts or promotions, including Web Special ("W") fares, Internet-Only ("IO") fares, coupons, senior discounts and all unpublished fares. The discount does not apply to Alaska Airlines Vacations. The itinerary on reservations can include no more then four flight numbers, and a credit card is necessary for online purchases. The discount applies to fare levels prior to applicable taxes, fees and surcharges. All prices shown at alaskaair.com are displayed in USD. Other restrictions may apply.

The nation's ninth largest carrier, Alaska Airlines celebrates its 70th anniversary this year. The carrier was recently ranked No. 1 in the annual Airline Quality Ratings compiled by Wichita State University and the University of Nebraska at Omaha. Alaska and its regional partner, Horizon Air, together serve 80 cities in the Lower 48, Alaska, Canada and Mexico. For reservations go to www.alaskaair.com, call Alaska's toll-free reservations line at 1-800-ALASKAAIR (1-800-252-7522) or call your travel agent.

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