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Segment Reporting
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
OPERATING SEGMENT INFORMATION OPERATING SEGMENT INFORMATION
 
In 2025, Air Group operated three airlines, Alaska Airlines, Horizon Air, and, through October 29, 2025, Hawaiian Airlines. On that date, Alaska Airlines' and Hawaiian Airlines' operations were combined under Alaska's FAA operating certificate. Alaska has CPAs for regional capacity with Horizon and SkyWest.

Air Group's Chief Operating Decision Maker (CODM) is its President and CEO. Air Group's network and schedules are centrally managed for all its operating airlines and CPA flying. Managing the business in an integrated manner enables the Company to leverage its comprehensive network, route scheduling system, and fleet as a single business. The CODM makes resource allocation decisions to deliver optimized consolidated financial results, regardless of the profitability of an individual segment. As of December 31, 2025, the CODM reviewed financial information for three reportable operating segments which are described below.
•Alaska Airlines - includes scheduled air transportation on Alaska's Boeing aircraft for passengers and cargo.
•Hawaiian Airlines - includes scheduled air transportation on Hawaiian's Boeing and Airbus aircraft for passengers and cargo.
•Regional - includes Horizon's and other third-party carriers’ scheduled air transportation on E175 aircraft for passengers under CPAs. This segment includes the actual revenue and expenses associated with regional flying, as well as an allocation of corporate overhead incurred by Air Group on behalf of the regional operations.
The below tables present segment revenue and expenses for Air Group's reportable segments as of December 31, 2025. Air Group's measure of segment profit or loss is pretax profit, which is used by the CODM to evaluate financial results. Reconciliations of the revenue and pretax profit of all reportable segments to Air Group's consolidated revenue and income before income tax are provided through the column titled 'Consolidated & Other.' This column includes activity from operating segments below the quantitative thresholds, special items and other adjustments not assigned to any operating segment, and other immaterial business units, including Air Group parent company activity, Horizon Air operations, McGee Air Services, consolidating entries, and intercompany eliminations. Certain immaterial reclassifications have been made within segment operating expenses between the Alaska Airlines and Regional segments for the years ended December 31, 2024 and 2023. These reclassifications had no impact to consolidated results.

In 2026, the company’s segments disclosure will change to reflect a single reportable segment for Passenger Air Transportation, which includes revenue and expenses associated with the transportation of passengers on Boeing, Airbus, and E175 aircraft. This change is the result of changes in the business, organizational structure, and financial reports that will be provided on a regular basis to the CODM. In the second half of 2025, several integration milestones were completed which resulted in the combination of a significant portion of Alaska and Hawaiian teams, technology, and processes. Additionally, changes were made in the company’s leadership structure to support the integration of the businesses.

Year Ended December 31, 2025
(in millions)
Alaska Airlines
Hawaiian Airlines
Regional
Consolidating & Other(a)
Consolidated
Operating Revenue
Passenger revenue$8,132 $2,918 $1,785 $— $12,835 
Loyalty program other revenue653 134 68 — 855 
Cargo and other revenue305 231 — 13 549 
Total Operating Revenue9,090 3,283 1,853 13 14,239 
Operating Expenses
Wages and benefits3,079 1,110 — 574 4,763 
Variable incentive pay182 62 — 24 268 
Aircraft fuel1,777 723 383 (4)2,879 
Aircraft maintenance504 321 — 87 912 
Aircraft rent83 59 — 108 250 
Landing fees and other rentals661 244 — 204 1,109 
Contracted services572 143 — (125)590 
Selling expenses254 118 — 35 407 
Depreciation and amortization501 232 — 62 795 
Food and beverage service244 108 — 31 383 
Other(b)
692 243 — 123 1,058 
Regional carrier expenses— — 1,471 (1,199)272 
Special items - operating(c)
— — — 250 250 
Total Operating Expenses8,549 3,363 1,854 170 13,936 
Non-operating Income (Expense)
Interest income176 10 — (92)94 
Interest expense(209)(122)— 59 (272)
Other(b)
18 3 — — 21 
Total Non-operating Expense(15)(109)— (33)(157)
Pretax Income (Loss)$526 $(189)$(1)$(190)$146 
Year Ended December 31, 2024
(in millions)
Alaska Airlines
Hawaiian Airlines
Regional
Consolidating & Other(a)
Consolidated
Operating Revenue
Passenger revenue$8,151 $757 $1,746 $— $10,654 
Loyalty program other revenue621 53 59 — 733 
Cargo and other revenue279 59 — 10 348 
Total Operating Revenue9,051 869 1,805 10 11,735 
Operating Expenses
Wages and benefits2,781 299 — 508 3,588 
Variable incentive pay318 4 — 36 358 
Aircraft fuel1,962 195 377 (28)2,506 
Aircraft maintenance
475 82 — 63 620 
Aircraft rent
81 18 — 108 207 
Landing fees and other rentals555 61 — 165 781 
Contracted services511 39 — (106)444 
Selling expenses271 40 — 38 349 
Depreciation and amortization462 64 — 57 583 
Food and beverage service231 28 — 28 287 
Other(b)
680 66 — 108 854 
Regional carrier expenses— — 1,317 (1,074)243 
Special items - operating(c)
— — — 345 345 
Total Operating Expenses8,327 896 1,694 248 11,165 
Non-operating Income (Expense)
Interest income
113 7 — (19)101 
Interest expense(112)(37)— (22)(171)
Other(b)
19 (1)— 11 29 
Special items - net non-operating(c)
— — — 16 16 
Total Non-operating Income (Expense)20 (31)— (14)(25)
Pretax Income (Loss)$744 $(58)$111 $(252)$545 
Year Ended December 31, 2023
(in millions)
Alaska AirlinesHawaiian AirlinesRegional
Consolidating & Other(a)
Consolidated
Operating Revenue
Passenger revenue$8,010 $— $1,516 $— $9,526 
Loyalty program other revenue599 — 49 — 648 
Cargo and other revenue244 — — 8 252 
Total Operating Revenue8,853 — 1,565 — 8 10,426 
Operating Expenses
Wages and benefits2,562 — — 479 3,041 
Variable incentive pay175 — — 25 200 
Aircraft fuel2,264 — 379 (2)2,641 
Aircraft maintenance
440 — — 48 488 
Aircraft rent
100 — — 108 208 
Landing fees and other rentals539 — — 141 680 
Contracted services492 — — (103)389 
Selling expenses268 — — 35 303 
Depreciation and amortization402 — — 49 451 
Food and beverage service218 — — 23 241 
Other(b)
625 — — 104 729 
Regional carrier expenses— — 1,141 (923)218 
Special items - operating(c)
— — — 443 443 
Total Operating Expenses8,085 — 1,520 427 10,032 
Non-operating Income (Expense)
Interest income
95 — — (15)80 
Interest expense(96)— — (25)(121)
Other(b)
(14)— — 2 (12)
Special items - net non-operating(c)
— — — (18)(18)
Total Non-operating Expense(15)— — (56)(71)
Pretax Income (Loss)$753 $— $45 $(475)$323 
(a) Revenue and profit or loss from segments below the quantitative thresholds as well as other immaterial business units, including Air Group parent company activity, Horizon Air operations, McGee Air Services, consolidating entries and intercompany eliminations.
(b) Includes miscellaneous personnel, software, and services costs, as well as other non-operating activity.
(c) Special items are excluded from the internal reporting provided to the CODM.
(in millions)
202520242023
Capital expenditures:
Alaska Airlines$1,098 $1,226 $1,473 
Hawaiian Airlines474 33 — 
Other(a)
85 90 200 
Consolidated$1,657 $1,349 $1,673 
Total assets at end of period(b):
Alaska Airlines$24,985 $24,664 
Hawaiian Airlines4,911 4,423 
Consolidating & Other
(9,535)(9,319)
Consolidated$20,361 $19,768 
Goodwill:
Alaska Airlines$2,177 $2,177 
Hawaiian Airlines546 547 
Consolidated$2,723 $2,724 
(a) Primarily consists of Horizon Air capital expenditures, including non-cash expenditures for debt financing of certain E175 deliveries of $69 million in 2025, $68 million in 2024 and $179 million in 2023.
(b) No assets are allocated to the Regional segment as it represents only revenue and expenses associated with regional flying. The related assets associated with regional flying are allocated to other segments.