Alaska Air Group, Inc.

Filing receipts

“Prior Year (in millions) Total Operating Revenue Passenger Revenue RPMs ASMs Yield RASM Domestic $ 2,931 6% 1% 3% 4% 4% Latin America 217 (13)% (19)% (17)% 8% 8% Pacific 152 2% 12% 9% (9)% (9)% Total $ 3,300 4% —% 2% 4% 3% 20 Passenger revenue Passenger revenue increased $112 million, or 4%, primarily driven by higher yield from premium cabin demand and strong managed corporate travel.”

“The $38 million change was primarily driven by higher cash outflows used to operate the business, partially offset by increased advanced bookings reflected in air traffic liability.”

“Cargo and other revenue Cargo and other revenue increased by $31 million, or 25%, primarily driven by higher revenue under the ATSA with Amazon, as two additional A330-300F aircraft were added to the fleet since the first quarter of 2025 and an amendment to the agreement in the first quarter of 2026 resulted in improved economics.”