----

----

| x | QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|---|---------------------------------------------------------------------------------------------------|

|                                                                    |                                          |
|-------------------------------------------------------------------------|-----------------------------------------------|
| Alaska                                                                  | 92-0009235                                    |
| (State or other jurisdiction      ofincorporation or      organization) | (I.R.S.      EmployerIdentification      No.) |

| Large      accelerated filer  ¨ | Accelerated      filer  ¨         |
|------------------------------------------------|--------------------------------------------------|
| Non-accelerated      filer  x        | Smaller reporting      company  ¨ |

----

ALASKA

| PART      I.   FINANCIAL INFORMATION | 4             |
|-----------------------------------------------------|---------------|
|                                                | ITEM      1.  | CONDENSED      FINANCIAL STATEMENTS | 4 |
|                                                | ITEM      2.  | MANAGEMENT’S      DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF      OPERATIONS | 18 |
|                                                | ITEM      4.  | CONTROLS AND      PROCEDURES | 27 |
| PART      II.  OTHER INFORMATION          | 28            |
|                                                | ITEM      1.  | LEGAL      PROCEEDINGS | 28 |
|                                                | ITEM      1A. | RISK      FACTORS | 28 |
|                                                | ITEM      5.  | OTHER      INFORMATION | 28 |
|                                                | ITEM      6.  | EXHIBITS |   |
| SIGNATURES                                          |          | 29 |
| EXHIBIT      INDEX                                  |          | 30 |

----

Table of Contents

|   | · | general economic conditions,      including the impact of the economic recession on customer travel      behavior; |
|--------|--------|--------------------------------------------------------------------------------------------------------------------|

|   | · | labor disputes and our ability to      attract and retain qualifiedpersonnel; |
|--------|--------|-------------------------------------------------------------------------------|

|   | · | our significant      indebtedness; |
|--------|--------|------------------------------------|

|   | · | compliance with our financial      covenants; |
|--------|--------|-----------------------------------------------|

|   | · | potential downgrades of our credit      ratings and the availability of  financing; |
|--------|--------|-------------------------------------------------------------------------------------|

|   | · | our ability to meet our cost      reduction goals; |
|--------|--------|----------------------------------------------------|

|   | · | operational      disruptions; |
|--------|--------|-------------------------------|

|   | · | the concentration of our revenue      from a few key markets; |
|--------|--------|---------------------------------------------------------------|

|   | · | actual or threatened terrorist      attacks, global instability and potential U.S. military actions or      activities; |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------|

|   | · | insurance      costs; |
|--------|--------|-----------------------|

|   | · | our inability to achieve or      maintain profitability; |
|--------|--------|----------------------------------------------------------|

|   | · | fluctuations in our quarterly      results; |
|--------|--------|---------------------------------------------|

|   | · | an aircraft accident or      incident; |
|--------|--------|----------------------------------------|

|   | · | liability and other claims      asserted against us; |
|--------|--------|------------------------------------------------------|

|   | · | our reliance on automated systems      and the risks associated with changes made to those      systems; |
|--------|--------|----------------------------------------------------------------------------------------------------------|

|   | · | our reliance on third-party      vendors and partners; |
|--------|--------|--------------------------------------------------------|

|   | · | changes in laws and regulations;      and |
|--------|--------|-------------------------------------------|

|   | · | increases in government fees and      taxes. |
|--------|--------|----------------------------------------------|

----

Table of Contents

| PART I.   FINANCIAL      INFORMATION            |   |              |    |   |                   |   |
|----------------------------------------------------------------|--------|-------------------|---------|--------|------------------------|--------|
| Item 1:      Condensed Financial Statements                    |   |              |    |   |                   |   |
|                                                           |   |              |    |   |                   |   |
| CONDENSED BALANCE SHEETS      (unaudited)                      |   |              |    |   |                   |   |
| Alaska Airlines,      Inc.                                     |   |              |    |   |                   |   |
|                                                           |   |              |    |   |                   |   |
| ASSETS                                                         |   |              |    |   |                   |   |
|                                                           |   |              |    |   |                   |   |
| (in    millions)                                               |   | March 31,    2009 |    |   | December 31,      2008 |   |
| Current    Assets                                              |   |              |    |   |                   |   |
| Cash and cash      equivalents                                 |   | $                 | 236.9   |   |                   | $      | 283.0 |   |
| Marketable      securities                                     |   |              | 805.9   |   |                   |   | 794.3 |   |
|   Total cash and      marketable securities          |   |              | 1,042.8 |   |                   |   | 1,077.3 |   |
| Receivables from related      companies                        |   |              | 322.4   |   |                   |   | 285.9 |   |
| Receivables -      net                                         |   |              | 100.7   |   |                   |   | 98.9 |   |
| Inventories and supplies -      net                            |   |              | 20.4    |   |                   |   | 26.7 |   |
| Deferred income      taxes                                     |   |              | 152.1   |   |                   |   | 146.7 |   |
| Fuel hedge      contracts                                      |   |              | 11.1    |   |                   |   | 13.7 |   |
| Prepaid expenses and other current      assets                 |   |              | 33.0    |   |                   |   | 30.1 |   |
| Total Current      Assets                                      |   |              | 1,682.5 |   |                   |   | 1,679.3 |   |
|                                                           |   |              |    |   |                   |   |   |   |
| Property and      Equipment                                    |   |              |    |   |                   |   |   |   |
| Aircraft and other flight      equipment                       |   |              | 2,914.8 |   |                   |   | 2,898.5 |   |
| Other property and      equipment                              |   |              | 528.9   |   |                   |   | 519.8 |   |
| Deposits for future flight      equipment                      |   |              | 192.7   |   |                   |   | 237.6 |   |
|                                                           |   |              | 3,636.4 |   |                   |   | 3,655.9 |   |
| Less accumulated depreciation and      amortization            |   |              | 1,048.8 |   |                   |   | 1,009.8 |   |
| Total Property and Equipment -      Net                        |   |              | 2,587.6 |   |                   |   | 2,646.1 |   |
|                                                           |   |              |    |   |                   |   |   |   |
| Fuel Hedge      Contracts                                      |   |              | 22.8    |   |                   |   | 29.8 |   |
|                                                           |   |              |    |   |                   |   |   |   |
| OtherAssets                                                    |   |              | 77.7    |   |                   |   | 73.4 |   |
|                                                           |   |              |    |   |                   |   |   |   |
| TotalAssets                                                    |   | $                 | 4,370.6 |   |                   | $      | 4,428.6 |   |
|                                                           |   |              |    |   |                   |   |   |   |
| See accompanying notes to      condensed financial statements. |   |              |    |   |                   |   |   |   |

----

Table of Contents

| CONDENSED BALANCE SHEETS      (unaudited)                                    |   |              |    |   |                   |   |
|------------------------------------------------------------------------------|--------|-------------------|---------|--------|------------------------|--------|
| Alaska Airlines,      Inc.                                                   |   |              |    |   |                   |   |
|                                                                         |   |              |    |   |                   |   |
| LIABILITIES AND SHAREHOLDER'S      EQUITY                                    |   |              |    |   |                   |   |
|                                                                         |   |              |    |   |                   |   |
| (in millions except share      amounts)                                      |   | March 31,    2009 |    |   | December 31,      2008 |   |
| Current      Liabilities                                                     |   |              |    |   |                   |   |
| Accounts      payable                                                        |   | $                 | 55.1    |   |                   | $      | 49.4 |   |
| Payables to related      companies                                           |   |              | 55.5    |   |                   |   | 53.5 |   |
| Accrued aircraft      rent                                                   |   |              | 46.6    |   |                   |   | 60.2 |   |
| Accrued wages, vacation and      payroll taxes                               |   |              | 84.1    |   |                   |   | 101.2 |   |
| Other accrued      liabilities                                               |   |              | 535.2   |   |                   |   | 510.7 |   |
| Air traffic      liability                                                   |   |              | 399.1   |   |                   |   | 372.2 |   |
| Fuel hedge contracts      liability                                          |   |              | 4.7     |   |                   |   | 20.0 |   |
| Current portion of long-term      debt                                       |   |              | 142.3   |   |                   |   | 225.1 |   |
| Total Current      Liabilities                                               |   |              | 1,322.6 |   |                   |   | 1,392.3 |   |
|                                                                         |   |              |    |   |                   |   |   |   |
| Long-Term Debt, Net of Current      Portion                                  |   |              | 1,334.0 |   |                   |   | 1,334.1 |   |
|                                                                         |   |              |    |   |                   |   |   |   |
| Other Liabilities and      Credits                                           |   |              |    |   |                   |   |   |   |
| Deferred income      taxes                                                   |   |              | 6.0     |   |                   |   | 2.0 |   |
| Deferred      revenue                                                        |   |              | 397.5   |   |                   |   | 394.1 |   |
| Obligation for pension and      postretirement medical benefits              |   |              | 589.4   |   |                   |   | 584.7 |   |
| Other      liabilities                                                       |   |              | 126.1   |   |                   |   | 126.4 |   |
|                                                                         |   |              | 1,119.0 |   |                   |   | 1,107.2 |   |
| Commitments and      Contingencies                                           |   |              |    |   |                   |   |   |   |
| Shareholder's      Equity                                                    |   |              |    |   |                   |   |   |   |
| Common stock, $1 par      value                                              |   |              |    |   |                   |   |   |   |
|   Authorized:      1,000      shares |   |              |    |   |                   |   |   |   |
|   Issued:  2009  and      2008 - 500 shares    |   |              | -       |   |                   |   | - |   |
|   Capital in excess of      par value                              |   |              | 644.8   |   |                   |   | 640.1 |   |
| Accumulated other comprehensive      loss                                    |   |              | (320.9  | )      |                   |   | (328.3 | ) |
| Retained      earnings                                                       |   |              | 271.1   |   |                   |   | 283.2 |   |
|                                                                         |   |              | 595.0   |   |                   |   | 595.0 |   |
| Total Liabilities and      Shareholder's Equity                              |   | $                 | 4,370.6 |   |                   | $      | 4,428.6 |   |
|                                                                         |   |              |    |   |                   |   |   |   |
| See accompanying notes to      condensed financial statements.               |   |              |    |   |                   |   |   |   |

----

Table of Contents

| CONDENSED STATEMENTS OF OPERATIONS      (unaudited)            |   |                              |   |   |   |   |
|----------------------------------------------------------------|--------|-----------------------------------|--------|--------|--------|--------|
| Alaska Airlines,      Inc.                                     |   |                              |   |   |   |   |
|                                                           |   |                              |   |   |   |   |
|                                                           |   | Three Months Ended March      31, |   |
| (in    millions)                                               |   | 2009                              |   |   | 2008   |   |
|                                                           |   |                              |   |   |   |   |
| Operating      Revenues                                        |   |                              |   |   |   |   |
| Passenger                                                      |   | $                                 | 539.8  |   |   | $      | 607.3 |   |
| Freight and      mail                                          |   |                              | 18.3   |   |   |   | 21.3 |   |
| Other - net                                                    |   |                              | 33.2   |   |   |   | 34.4 |   |
| Total mainline operating      revenues                         |   |                              | 591.3  |   |   |   | 663.0 |   |
| Passenger - purchased      capacity                            |   |                              | 61.8   |   |   |   | 70.4 |   |
| Total Operating      Revenues                                  |   |                              | 653.1  |   |   |   | 733.4 |   |
| Operating      Expenses                                        |   |                              |   |   |   |   |   |   |
| Wages and      benefits                                        |   |                              | 197.4  |   |   |   | 192.1 |   |
| Variable incentive      pay                                    |   |                              | 7.1    |   |   |   | 2.6 |   |
| Aircraft fuel, including hedging      gains and losses         |   |                              | 131.9  |   |   |   | 233.7 |   |
| Aircraft      maintenance                                      |   |                              | 46.3   |   |   |   | 42.1 |   |
| Aircraft    rent                                               |   |                              | 26.5   |   |   |   | 28.2 |   |
| Landing fees and other      rentals                            |   |                              | 40.8   |   |   |   | 41.9 |   |
| Contracted      services                                       |   |                              | 30.5   |   |   |   | 34.7 |   |
| Selling      expenses                                          |   |                              | 19.1   |   |   |   | 26.5 |   |
| Depreciation and      amortization                             |   |                              | 43.3   |   |   |   | 38.8 |   |
| Food and beverage      service                                 |   |                              | 11.0   |   |   |   | 11.7 |   |
| Other                                                          |   |                              | 42.8   |   |   |   | 41.8 |   |
| Total mainline operating      expenses                         |   |                              | 596.7  |   |   |   | 694.1 |   |
| Purchased capacity      costs                                  |   |                              | 62.7   |   |   |   | 76.7 |   |
| Total Operating      Expenses                                  |   |                              | 659.4  |   |   |   | 770.8 |   |
| Operating    Loss                                              |   |                              | (6.3   | )      |   |   | (37.4 | ) |
| Nonoperating Income      (Expense)                             |   |                              |   |   |   |   |   |   |
| Interest    income                                             |   |                              | 10.1   |   |   |   | 13.1 |   |
| Interest      expense                                          |   |                              | (23.0  | )      |   |   | (21.8 | ) |
| Interest      capitalized                                      |   |                              | 2.5    |   |   |   | 5.9 |   |
| Other - net                                                    |   |                              | (1.6   | )      |   |   | 0.4 |   |
|                                                           |   |                              | (12.0  | )      |   |   | (2.4 | ) |
| Loss before income      tax                                    |   |                              | (18.3  | )      |   |   | (39.8 | ) |
| Income tax      benefit                                        |   |                              | (6.2   | )      |   |   | (14.2 | ) |
| Net Loss                                                       |   | $                                 | (12.1  | )      |   | $      | (25.6 | ) |
|                                                           |   |                              |   |   |   |   |   |   |
| See accompanying notes to      condensed financial statements. |   |                              |   |   |   |   |   |   |

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Table of Contents

| CONDENSED STATEMENTS OF      SHAREHOLDER'S EQUITY (unaudited)   |   |   |   |   |       |   |   |          |   |   |     |   |   |   |   |
|-----------------------------------------------------------------|--------|--------|--------|--------|------------|--------|--------|---------------|--------|--------|----------|--------|--------|--------|--------|
| Alaska Airlines,      Inc.                                      |   |   |   |   |       |   |   |          |   |   |     |   |   |   |   |
|                                                            |   |   |   |   |       |   |   |          |   |   |     |   |   |   |   |
|                                                            |   |   |   |   |       |   |   | Accumulated   |   |   |     |   |   |   |   |
|                                                            |   |   |   |   | Capital in |   |   | Other         |   |   |     |   |   |   |   |
|                                                            |   | Common |   |   | Excess of  |   |   | Comprehensive |   |   | Retained |   |   |   |   |
| (in    millions)                                                |   | Stock  |   |   | Par Value  |   |   | Loss          |   |   | Earnings |   |   | Total  |   |
| Balances at December 31,      2008                              |   | $      | 0.0    |   |       | $      | 640.1  |          |   | $      | (328.3   | )      |   | $      | 283.2  |   |   | $ | 595.0 |   |
| Net loss for the three months      ended March 31, 2009         |   |   |   |   |       |   |   |          |   |   |     |   |   |   | (12.1  | ) |   |   | (12.1 | ) |
| Other comprehensive income      (loss):                         |   |   |   |   |       |   |   |          |   |   |     |   |   |   |   |   |   |   |   |   |
|                                                            |   |   |   |   |       |   |   |          |   |   |     |   |   |   |   |   |   |   |   |   |
| Related to marketable      securities:                          |   |   |   |   |       |   |   |          |   |   |     |   |   |   |   |   |   |   |   |   |
|   Change in fair      value                           |   |   |   |   |       |   |   |          |   |   | 3.9      |   |   |   |   |   |   |   |   |   |
|   Reclassification to      earnings                   |   |   |   |   |       |   |   |          |   |   | (0.6     | )      |   |   |   |   |   |   |   |   |
|   Income tax      effect                              |   |   |   |   |       |   |   |          |   |   | (1.2     | )      |   |   |   |   |   |   |   |   |
|                                                            |   |   |   |   |       |   |   |          |   |   | 2.1      |   |   |   |   |   |   |   | 2.1 |   |
|                                                            |   |   |   |   |       |   |   |          |   |   |     |   |   |   |   |   |   |   |   |   |
|   Adjustments related to      employee benefit plans: |   |   |   |   |       |   |   |          |   |   | 8.5      |   |   |   |   |   |   |   |   |   |
|    Income tax      effect                        |   |   |   |   |       |   |   |          |   |   | (3.2     | )      |   |   |   |   |   |   |   |   |
|                                                            |   |   |   |   |       |   |   |          |   |   | 5.3      |   |   |   |   |   |   |   | 5.3 |   |
|                                                            |   |   |   |   |       |   |   |          |   |   |     |   |   |   |   |   |   |   |   |   |
| Total comprehensive      loss                                   |   |   |   |   |       |   |   |          |   |   |     |   |   |   |   |   |   |   | (4.7 | ) |
|                                                            |   |   |   |   |       |   |   |          |   |   |     |   |   |   |   |   |   |   |   |   |
| Stock-based      compensation                                   |   |   |   |   |       |   | 4.7    |          |   |   |     |   |   |   |   |   |   |   | 4.7 |   |
| Balances at March 31,      2009                                 |   | $      | 0.0    |   |       | $      | 644.8  |          |   | $      | (320.9   | )      |   | $      | 271.1  |   |   | $ | 595.0 |   |
|                                                            |   |   |   |   |       |   |   |          |   |   |     |   |   |   |   |   |   |   |   |   |
|                                                            |   |   |   |   |       |   |   |          |   |   |     |   |   |   |   |   |   |   |   |   |
| See accompanying notes to      condensed financial statements.  |   |   |   |   |       |   |   |          |   |   |     |   |   |   |   |   |   |   |   |   |

----

Table of Contents

| CONDENSED STATEMENTS OF CASH FLOWS      (unaudited)                    |   |                                    |   |   |   |   |
|------------------------------------------------------------------------|--------|-----------------------------------------|--------|--------|--------|--------|
| Alaska Airlines,      Inc.                                             |   |                                    |   |   |   |   |
|                                                                   |   |                                    |   |   |   |   |
|                                                                   |   |  Three      Months Ended March 31, |   |
| (in    millions)                                                       |   | 2009                                    |   |   | 2008   |   |
| Cash flows from operating      activities:                             |   |                                    |   |   |   |   |
| Net loss                                                               |   | $                                       | (12.1  | )      |   | $      | (25.6 | ) |
| Adjustments to reconcile net loss      to net cash                     |   |                                    |   |   |   |   |   |   |
|  provided by (used in)      operating activities:                 |   |                                    |   |   |   |   |   |   |
|    Depreciation and      amortization                   |   |                                    | 43.3   |   |   |   | 38.8 |   |
|    Stock-based      compensation                        |   |                                    | 4.7    |   |   |   | 4.7 |   |
|    Increase in air      traffic liability               |   |                                    | 26.9   |   |   |   | 109.0 |   |
|    Changes in other      assets and liabilities - net   |   |                                    | (46.2  | )      |   |   | 41.5 |   |
| Net cash provided by operating      activities                         |   |                                    | 16.6   |   |   |   | 168.4 |   |
| Cash flows from investing      activities:                             |   |                                    |   |   |   |   |   |   |
| Property and equipment      additions:                                 |   |                                    |   |   |   |   |   |   |
|   Aircraft and aircraft      purchase deposits               |   |                                    | (172.5 | )      |   |   | (103.6 | ) |
|   Other flight      equipment                                |   |                                    | (16.5  | )      |   |   | (11.8 | ) |
|   Other property and      equipment                          |   |                                    | (9.2   | )      |   |   | (8.9 | ) |
| Total property and equipment      additions                            |   |                                    | (198.2 | )      |   |   | (124.3 | ) |
| Proceeds from disposition of      assets                               |   |                                    | 0.4    |   |   |   | 5.3 |   |
| Purchases of marketable      securities                                |   |                                    | (160.5 | )      |   |   | (259.2 | ) |
| Sales and maturities of marketable      securities                     |   |                                    | 151.9  |   |   |   | 175.1 |   |
| Restricted deposits and      other                                     |   |                                    | (3.4   | )      |   |   | 1.0 |   |
| Net cash used in investing      activities                             |   |                                    | (209.8 | )      |   |   | (202.1 | ) |
| Cash flows from financing      activities:                             |   |                                    |   |   |   |   |   |   |
| Proceeds from issuance of      long-term debt, net                     |   |                                    | 31.7   |   |   |   | 98.0 |   |
| Proceeds from sale-leaseback      transaction, net                     |   |                                    | 230.0  |   |   |   | - |   |
| Long-term debt      payments                                           |   |                                    | (114.6 | )      |   |   | (56.8 | ) |
| Net cash provided by financing      activities                         |   |                                    | 147.1  |   |   |   | 41.2 |   |
| Net change in cash and cash      equivalents                           |   |                                    | (46.1  | )      |   |   | 7.5 |   |
| Cash and cash equivalents at      beginning of year                    |   |                                    | 283.0  |   |   |   | 204.3 |   |
| Cash and cash equivalents at end      of period                        |   | $                                       | 236.9  |   |   | $      | 211.8 |   |
|  Supplemental disclosure of cash      paid during the period for: |   |                                    |   |   |   |   |   |   |
|   Interest (net of      amount capitalized)                  |   | $                                       | 23.9   |   |   | $      | 15.6 |   |
|   Income      taxes                                          |   |                                    | -      |   |   |   | 0.9 |   |
|                                                                   |   |                                    |   |   |   |   |   |   |
| See accompanying notes to      condensed financial statements.         |   |                                    |   |   |   |   |   |   |

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Table of Contents

| Note      1. | Basis      of Presentation and Significant Accounting  Policies |
|--------------|-----------------------------------------------------------------|

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Table of Contents

|                           |   |  Level 1 |   |   | Level 2 |   |    | Level 3 |   |   | Total   |   |
|--------------------------------|--------|--------------------|--------|--------|--------------|--------|---------|--------------|--------|--------|---------|--------|
|                           |   |               |   |   |         |   |    |         |   |   |    |   |   |   |   |   |
| Cash      and cash equivalents |   | $                  | 236.9  |   |         | $      | — |         |   | $      | — |   |   | $ | 236.9 |   |
| Marketable      securities     |   |               | 116.1  |   |         |   | 689.8   |         |   |   | — |   |   |   | 805.9 |   |
| Total                          |   | $                  | 353.0  |   |         | $      | 689.8   |         |   | $      | — |   |   | $ | 1,042.8 |   |
|                           |   |               |   |   |         |   |    |         |   |   |    |   |   |   |   |   |

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Table of Contents

|                                |   | Unrealized      Losses   |   |   |                        |   |   |
|-------------------------------------|--------|--------------------------|--------|--------|-----------------------------|--------|--------|
|                                |   | Less      than 12 months |   |   | Greater      than 12 months |   |   | Total |   |   | Fair      Value of Securities with Unrealized      Losses |
| U.S.      Government Securities     |   | $                        | --     |   |                        | $      | --     |   |   | $ | -- |   |   | $ | -- |   |
| Asset-backed      obligations       |   |                     | (1.3   | )      |                        |   | (8.0   | ) |   |   | (9.3 | ) |   |   | 73.9 |   |
| Other      corporate obligations    |   |                     | (3.4   | )      |                        |   | (1.4   | ) |   |   | (4.8 | ) |   |   | 104.2 |   |
|      Total |   | $                        | (4.7   | )      |                        | $      | (9.4   | ) |   | $ | (14.1 | ) |   | $ | 178.1 |   |

|                                                                   |   | 2009   |   |   | 2008   |   |
|------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Raw or “into-plane” fuel      cost                         |   | $      | 118.8  |   |   | $      | 257.7 |   |
| (Gains) or losses in value and      settlement of fuel hedge contracts |   |   | 13.1   |   |   |   | (24.0 | ) |
| Aircraft fuel      expense                                             |   | $      | 131.9  |   |   | $      | 233.7 |   |

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|                                |   Approximate      % of Expected Fuel Requirements |  Gallons      Hedged(in      millions) |  Approximate      Crude Oil Price per      Barrel |
|-------------------------------------|--------------------------------------------------------------|---------------------------------------------|--------------------------------------------------------|
| Second      Quarter 2009            | 50%                                                          | 37.2                                        | $71                                                    |
| Third      Quarter 2009             | 50%                                                          | 39.9                                        | $76                                                    |
| Fourth      Quarter 2009            | 50%                                                          | 36.1                                        | $76                                                    |
|    Remainder of 2009 | 50%                                                          | 113.2                                       | $74                                                    |
| First      Quarter 2010             | 47%                                                          | 33.2                                        | $68                                                    |
| Second      Quarter 2010            | 43%                                                          | 32.1                                        | $67                                                    |
| Third      Quarter 2010             | 29%                                                          | 23.5                                        | $67                                                    |
| Fourth      Quarter 2010            | 24%                                                          | 17.0                                        | $78                                                    |
|    Full Year 2010    | 36%                                                          | 105.8                                       | $69                                                    |
| First      Quarter 2011             | 17%                                                          | 12.4                                        | $91                                                    |
| Second      Quarter 2011            | 15%                                                          | 11.5                                        | $73                                                    |
| Third      Quarter 2011             | 11%                                                          | 9.3                                         | $74                                                    |
| Fourth      Quarter 2011            | 5%                                                           | 3.7                                         | $67                                                    |
|    Full Year 2011    | 12%                                                          | 36.9                                        | $78                                                    |

|                                    |   | March      31, 2009 |   |   | December      31, 2008 |   |
|-----------------------------------------|--------|---------------------|--------|--------|------------------------|--------|
| Call      options or “caps” |   | $                   | 33.9   |   |                   | $      | 43.5 |   |
| Collar      contracts                   |   |                | (4.7   | )      |                   |   | (20.0 | ) |
|    Total                 |   | $                   | 29.2   |   |                   | $      | 23.5 |   |

| Accrual for Severance and Related      Costs |   | 2009   |   |   | 2008   |   |
|----------------------------------------------|--------|--------|--------|--------|--------|--------|
| Balance at December 31, 2008 and      2007   |   | $      | 7.2    |   |   | $      | 0.7 |   |
| Cash    payments                             |   |   | (6.2   | )      |   |   | (0.5 | ) |
| Balance at March      31                     |   | $      | 1.0    |   |   | $      | 0.2 |   |

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|                                                   |   | March      31, 2009 |    |    | December      31, 2008 |   |
|--------------------------------------------------------|--------|---------------------|---------|---------|------------------------|--------|
| Fixed-rate      notes payable due through 2022         |   | $                   | 1,197.0 |    |                   | $      | 1,192.1 |   |
| Variable-rate      notes payable due through 2019      |   |                | 250.2   |    |                   |   | 252.2 |   |
| 16BBank      line-of-credit facility expiring in 2010  |   |                | — |    |                   |   | 18B75.0 |   |
| 19BPre-delivery      payment facility expiring in 2011 |   |                | 20B29.1 |    |                   |   | 21B39.9 |   |
| Long-term      debt                                    |   |                | 1,476.3 |    |                   |   | 1,559.2 |   |
| Less      current portion                         |   |                | (142.3  | )  |                   |   | (225.1 | )  |
|                                                   |   | $                   | 1,334.0 |    |                   | $      | 1,334.1 |   |

|                                    |   | 2009   |   |   | 2008   |   |
|-----------------------------------------|--------|--------|--------|--------|--------|--------|
| Service      cost                       |   | $      | 11.1   |   |   | $      | 12.2 |   |
| Interest      cost                      |   |   | 16.7   |   |   |   | 15.7 |   |
| Expected      return on assets          |   |   | (12.8  | )      |   |   | (17.9 | ) |
| Amortization      of prior service cost |   |   | 1.1    |   |   |   | 1.1 |   |
| Actuarial      loss                     |   |   | 7.2    |   |   |   | 1.4 |   |
| Net      pension expense                |   | $      | 23.3   |   |   | $      | 12.5 |   |

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|                                                        |   | March 31,      2009 |   |   | December      31, 2008 |   |
|-------------------------------------------------------------|--------|---------------------|--------|--------|------------------------|--------|
| Restricted      deposits (primarily restricted investments) |   | $                   | 60.8   |   |                   | $      | 57.4 |   |
| Deferred      costs and other*                              |   |                | 16.9   |   |                   |   | 16.0 |   |
|                                                        |   | $                   | 77.7   |   |                   | $      | 73.4 |   |

|                                              |   | March      31, 2009 |   |   | December      31, 2008 |   |
|---------------------------------------------------|--------|---------------------|--------|--------|------------------------|--------|
| Current      Liabilities:                         |   |                |   |   |                   |   |
| Other      accrued liabilities                    |   | $                   | 285.5  |   |                   | $      | 280.4 |   |
| Other      Liabilities and Credits (non-current): |   |                |   |   |                   |   |   |   |
| Deferred      revenue                             |   |                | 397.5  |   |                   |   | 394.1 |   |
| Other      liabilities                            |   |                | 13.2   |   |                   |   | 15.9 |   |
|                                              |   | $                   | 696.2  |   |                   | $      | 690.4 |   |

|                                              |   | 2009   |   |   | 2008   |   |
|---------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Passenger      revenues                           |   | $      | 36.3   |   |   | $      | 25.3 |   |
| Passenger      revenue – purchased capacity |   |   | 0.9    |   |   |   | -- |   |
| Other      - net revenues                         |   |   | 24.5   |   |   |   | 26.7 |   |
|                                              |   | $      | 61.7   |   |   | $      | 52.0 |   |

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|                                |   | 2009   |   |   | 2008   |   |
|-------------------------------------|--------|--------|--------|--------|--------|--------|
| Stock      options                  |   | $      | 2.0    |   |   | $      | 1.9 |   |
| Restricted      stock units         |   |   | 2.5    |   |   |   | 2.0 |   |
| Performance      share units        |   |   | --     |   |   |   | 0.2 |   |
| Employee      stock purchase plan   |   |   | 0.2    |   |   |   | 0.6 |   |
| Total      stock-based compensation |   | $      | 4.7    |   |   | $      | 4.7 |   |

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|                          |   |                                                  |   |   |       |   |   |              |   |
|-------------------------------|--------|-------------------------------------------------------|--------|--------|------------|--------|--------|-------------------|--------|
|                          |   | Three Months Ended March      31, 2008 |   |
|                          |   |  As OriginallyReported                      |   |   | Adjustment |   |   | As Corrected |   |
| Wages      and benefits       |   | $                                                     | 190.2  |   |       | $      | 1.9    |              |   | $ | 192.1 |   |
| Total      Operating Expenses |   |                                                  | 768.9  |   |       |   | 1.9    |              |   |   | 770.8 |   |
| Operating      Loss           |   |                                                  | (35.5  | )      |       |   | (1.9   | )                 |   |   | (37.4 | ) |
| Loss      before income tax   |   |                                                  | (37.9  | )      |       |   | (1.9   | )                 |   |   | (39.8 | ) |
| Net      Loss                 |   | $                                                     | (24.4  | )      |       | $      | (1.2   | )                 |   | $ | (25.6 | ) |

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ITEM 2

|   | · | First Quarter      in Review –      highlights from the first quarter of 2009 outlining some of the major      events that happened during the period and how they affected our financial      performance. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Results of      Operations – an      in-depth analysis of the results of our operations for the three months      ended March 31, 2009.  We believe this analysis will help the      reader better understand our condensed statements of      operations.  This section also includes forward-looking      statements regarding our view of the remainder of    2009. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Liquidity and      Capital Resources –      as the Company is filing this Form 10-Q with reduced disclosures in      accordance with General Instruction H(1)(a) and      (b) of Form 10-Q, we do not discuss liquidity and      capital resources.  Liquidity and capital resources is managed      at an Air Group level.  As such, we would refer the reader to      Alaska Air Group, Inc.’s Form 10-Q filed on May 8, 2009 for an analysis of      cash flows, liquidity, and capital  resources. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Economic fuel averaged $1.91 per gallon in the first quarter of      2009, compared to $2.72 in 2008.  This, along with a decline in      consumption, resulted in a $93.3 million reduction in our economic fuel expense for      the quarter. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Partially offsetting this decline      in fuel cost was the      10.9% reduction in operating revenues driven by      softening demand in the midst of the current economic      turmoil.  In the first quarter, mainline traffic fell      by 7.7%. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| Financial and Statistical Data      (unaudited)        |   |                                    |   |   |   |   |   |     |   |
|--------------------------------------------------------|--------|-----------------------------------------|--------|--------|--------|--------|--------|----------|--------|
|                                                   |   |                                    |   |   |   |   |   |     |   |
|                                                   |   |  Three Months Ended March      31, |   |
| Financial Data (in      millions):                     |   | 2009                                    |   |   | 2008   |   |   | % Change |   |
| Operating      Revenues:                               |   |                                    |   |   |   |   |   |     |   |
| Passenger                                              |   | $                                       | 539.8  |   |   | $      | 607.3  |     |   |   | (11.1 | ) |
| Freight and      mail                                  |   |                                    | 18.3   |   |   |   | 21.3   |     |   |   | (14.1 | ) |
| Other - net                                            |   |                                    | 33.2   |   |   |   | 34.4   |     |   |   | (3.5 | ) |
| Total mainline operating      revenues                 |   |                                    | 591.3  |   |   |   | 663.0  |     |   |   | (10.8 | ) |
| Passenger - purchased      capacity                    |   |                                    | 61.8   |   |   |   | 70.4   |     |   |   | (12.2 | ) |
| Total Operating      Revenues                          |   |                                    | 653.1  |   |   |   | 733.4  |     |   |   | (10.9 | ) |
|                                                   |   |                                    |   |   |   |   |   |     |   |   |   |   |
| Operating      Expenses:                               |   |                                    |   |   |   |   |   |     |   |   |   |   |
| Wages and      benefits                                |   |                                    | 197.4  |   |   |   | 192.1  |     |   |   | 2.8 |   |
| Variable incentive      pay                            |   |                                    | 7.1    |   |   |   | 2.6    |     |   |   | 173.1 |   |
| Aircraft fuel, including hedging      gains and losses |   |                                    | 131.9  |   |   |   | 233.7  |     |   |   | (43.6 | ) |
| Aircraft      maintenance                              |   |                                    | 46.3   |   |   |   | 42.1   |     |   |   | 10.0 |   |
| Aircraft    rent                                       |   |                                    | 26.5   |   |   |   | 28.2   |     |   |   | (6.0 | ) |
| Landing fees and other      rentals                    |   |                                    | 40.8   |   |   |   | 41.9   |     |   |   | (2.6 | ) |
| Contracted      services                               |   |                                    | 30.5   |   |   |   | 34.7   |     |   |   | (12.1 | ) |
| Selling      expenses                                  |   |                                    | 19.1   |   |   |   | 26.5   |     |   |   | (27.9 | ) |
| Depreciation and      amortization                     |   |                                    | 43.3   |   |   |   | 38.8   |     |   |   | 11.6 |   |
| Food and beverage      service                         |   |                                    | 11.0   |   |   |   | 11.7   |     |   |   | (6.0 | ) |
| Other                                                  |   |                                    | 42.8   |   |   |   | 41.8   |     |   |   | 2.4 |   |
| Total mainline operating      expenses                 |   |                                    | 596.7  |   |   |   | 694.1  |     |   |   | (14.0 | ) |
| Purchased capacity      costs                          |   |                                    | 62.7   |   |   |   | 76.7   |     |   |   | (18.3 | ) |
| Total Operating      Expenses                          |   |                                    | 659.4  |   |   |   | 770.8  |     |   |   | (14.5 | ) |
|                                                   |   |                                    |   |   |   |   |   |     |   |   |   |   |
| Operating    Loss                                      |   |                                    | (6.3   | )      |   |   | (37.4  | )        |   |   | NM |   |
|                                                   |   |                                    |   |   |   |   |   |     |   |   |   |   |
| Interest    income                                     |   |                                    | 10.1   |   |   |   | 13.1   |     |   |   |   |   |
| Interest      expense                                  |   |                                    | (23.0  | )      |   |   | (21.8  | )        |   |   |   |   |
| Interest      capitalized                              |   |                                    | 2.5    |   |   |   | 5.9    |     |   |   |   |   |
| Other - net                                            |   |                                    | (1.6   | )      |   |   | 0.4    |     |   |   |   |   |
|                                                   |   |                                    | (12.0  | )      |   |   | (2.4   | )        |   |   |   |   |
|                                                   |   |                                    |   |   |   |   |   |     |   |   |   |   |
| Loss Before Income      Tax                            |   | $                                       | (18.3  | )      |   | $      | (39.8  | )        |   |   | NM |   |
|                                                   |   |                                    |   |   |   |   |   |     |   |   |   |   |
| Mainline Operating      Statistics:                    |   |                                    |   |   |   |   |   |     |   |   |   |   |
| Revenue passengers      (000)                          |   |                                    | 3,573  |   |   |   | 4,080  |     |   |   | (12.4 | ) |
| RPMs (000,000)      "traffic"                          |   |                                    | 4,179  |   |   |   | 4,526  |     |   |   | (7.7 | ) |
| ASMs (000,000)      "capacity"                         |   |                                    | 5,520  |   |   |   | 6,084  |     |   |   | (9.3 | ) |
| Passenger load      factor                             |   |                                    | 75.7   | %      |   |   | 74.4   | %        |   | 1.3pts |   |
| Yield per passenger      mile                          |   |                                    | 12.92  | ¢ |   |   | 13.42  | ¢   |   |   | (3.7 | ) |
| Operating revenue per ASM      (RASM)                  |   |                                    | 10.71  | ¢ |   |   | 10.90  | ¢   |   |   | (1.7 | ) |
| Passenger revenue per      ASM                         |   |                                    | 9.78   | ¢ |   |   | 9.98   | ¢   |   |   | (2.0 | ) |
| Operating expenses per      ASM                        |   |                                    | 10.81  | ¢ |   |   | 11.41  | ¢   |   |   | (5.3 | ) |
| Aircraft fuel cost per      ASM                        |   |                                    | 2.39   | ¢ |   |   | 3.84   | ¢   |   |   | (37.8 | ) |
| Aircraft fuel cost per      gallon                     |   | $                                       | 1.80   |   |   | $      | 2.72   |     |   |   | (33.9 | ) |
| Economic fuel cost per      gallon                     |   | $                                       | 1.91   |   |   | $      | 2.72   |     |   |   | (29.8 | ) |
| Fuel gallons      (000,000)                            |   |                                    | 73.3   |   |   |   | 85.9   |     |   |   | (14.7 | ) |
| Average number of full-time      equivalent employees  |   |                                    | 9,021  |   |   |   | 9,881  |     |   |   | (8.7 | ) |
| Aircraft utilization (blk      hrs/day)                |   |                                    | 9.9    |   |   |   | 10.8   |     |   |   | (8.3 | ) |
| Average aircraft stage length      (miles)             |   |                                    | 1,016  |   |   |   | 969    |     |   |   | 4.9 |   |
| Operating fleet at      period-end                     |   |                                    | 112    |   |   |   | 115    |     |   |   | (3 | )      a/c |
|                                                   |   |                                    |   |   |   |   |   |     |   |   |   |   |
| Regional Operating      Statistics:                    |   |                                    |   |   |   |   |   |     |   |   |   |   |
| RPMs    (000,000)                                      |   |                                    | 215    |   |   |   | 267    |     |   |   | (19.5 | ) |
| ASMs    (000,000)                                      |   |                                    | 316    |   |   |   | 363    |     |   |   | (12.9 | ) |
| Passenger load      factor                             |   |                                    | 68.0   | %      |   |   | 73.6   | %        |   | (5.6)pts |   |
| Yield per passenger      mile                          |   |                                    | 28.74  | ¢ |   |   | 26.37  | ¢   |   |   | 9.0 |   |
| Operating revenue per      ASM                         |   |                                    | 19.56  | ¢ |   |   | 19.39  | ¢   |   |   | 0.8 |   |
| Operating expenses per      ASM                        |   |                                    | 19.84  | ¢ |   |   | 21.13  | ¢   |   |   | (6.1 | ) |
|                                                   |   |                                    |   |   |   |   |   |     |   |   |   |   |
|                                                   |   |                                    |   |   |   |   |   |     |   |   |   |   |
| NM = Not      Meaningful                               |   |                                    |   |   |   |   |   |     |   |   |   |   |

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| (in      millions)                          |   | March 31,    2009 |   |   | March 31,    2008 |   |   | % Change |   |
|---------------------------------------------|--------|-------------------|--------|--------|-------------------|--------|--------|----------|--------|
| Passenger revenue -      mainline           |   | $                 | 539.8  |   |              | $      | 607.3  |     |   |   | (11.1 | ) |
| Freight and      mail                       |   |              | 18.3   |   |              |   | 21.3   |     |   |   | (14.1 | ) |
| Other - net                                 |   |              | 33.2   |   |              |   | 34.4   |     |   |   | (3.5 | ) |
| Total mainline operating      revenues      |   | $                 | 591.3  |   |              | $      | 663.0  |     |   |   | (10.8 | ) |
| Passenger revenue - purchased      capacity |   |              | 61.8   |   |              |   | 70.4   |     |   |   | (12.2 | ) |
| Total Operating      Revenues               |   | $                 | 653.1  |   |              | $      | 733.4  |     |   |   | (10.9 | ) |

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| (in    millions)                 |   | March 31,    2009 |   |   | March 31,    2008 |   |   | % Change |   |
|----------------------------------|--------|-------------------|--------|--------|-------------------|--------|--------|----------|--------|
| Mainline operating      expenses |   | $                 | 596.7  |   |              | $      | 694.1  |     |   |   | (14.0 | ) |
| Purchased capacity      costs    |   |              | 62.7   |   |              |   | 76.7   |     |   |   | (18.3 | ) |
| Total Operating      Expenses    |   | $                 | 659.4  |   |              | $      | 770.8  |     |   |   | (14.5 | ) |

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|                                                                                                   |   | Three Months Ended March      31 |   |
|--------------------------------------------------------------------------------------------------------|--------|----------------------------------|--------|
| (in millions, except per-gallon      amounts)                                                          |   | 2009                             |   |   | 2008 |   |   | % Change |   |
| Fuel gallons      consumed                                                                             |   |                             | 73.3   |   |   |   | 85.9 |   |   |   | (14.7 | ) |
| Raw price per      gallon                                                                              |   | $                                | 1.62   |   |   | $ | 3.00 |   |   |   | (46.0 | ) |
| Total raw fuel      expense                                                                            |   | $                                | 118.8  |   |   | $ | 257.7 |   |   |   | (53.9 | ) |
| Net impact on fuel expense from      (gains) and losses arising from fuel-hedging      activities |   |                             | 13.1   |   |   |   | (24.0 | ) |   | NM |   |
| Aircraft fuel      expense                                                                             |   | $                                | 131.9  |   |   | $ | 233.7 |   |   |   | (43.6 | ) |

|                                                                                                  |   | Three Months Ended March      31 |   |
|-------------------------------------------------------------------------------------------------------|--------|----------------------------------|--------|
| (in millions, except per-gallon      amounts)                                                         |   | 2009                             |   |   | 2008 |   |   | % Change |   |
| Raw fuel      expense                                                                                 |   | $                                | 118.8  |   |   | $ | 257.7 |   |   |   | (53.9 | ) |
| Plus or minus: net of cash      received from settled hedges and premium expense      recognized |   |                             | 21.4   |   |   |   | (24.2 | ) |   | NM |   |
| Economic fuel      expense                                                                            |   | $                                | 140.2  |   |   | $ | 233.5 |   |   |   | (40.0 | ) |
| Fuel gallons      consumed                                                                            |   |                             | 73.3   |   |   |   | 85.9 |   |   |   | (14.7 | ) |
| Economic fuel cost per      gallon                                                                    |   | $                                | 1.91   |   |   | $ | 2.72 |   |   |   | (29.8 | ) |

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|                                                  |   | Three Months Ended March      31 |   |
|-------------------------------------------------------|--------|----------------------------------|--------|
|                                                  |   | 2009                             |   |   | 2008 |   |   | % Change |   |
| Total mainline operating expenses      per ASM (CASM) |   |                             | 10.81  | ¢ |   |   | 11.41 | ¢ |   |   | (5.3 | ) |
| CASM includes the following      components:          |   |                             |   |   |   |   |   |   |   |   |   |   |
| Aircraft fuel cost per      ASM                       |   |                             | 2.39   | ¢ |   |   | 3.84 | ¢ |   |   | (37.8 | ) |

|   | · | By eliminating fuel expense and      certain special items from our unit cost metrics, we believe that we have      better visibility into the results of our non-fuel cost-reduction      initiatives.  Our industry is highly competitive and is      characterized by high fixed costs, so even a small reduction in non-fuel      operating costs can result in a significant improvement in operating      results.  In addition, we believe that all domestic carriers are      similarly impacted by changes in jet fuel costs over the long run, so it      is important for management (and thus Air Group investors) to understand      the impact of (and trends in) company-specific cost drivers such as labor      rates and productivity, airport costs, maintenance costs, etc., which are      more controllable bymanagement. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Mainline cost per ASM excluding      fuel and certain special items is one of the most important measures used      by our management and by the Air Group Board of Directors in assessing      quarterly and annual cost performance.  These decision-makers      evaluate operating results of the “mainline” operation, which includes the      operation of the B737 fleet branded in Alaska Airlines      livery.  The revenues and expenses associated with purchased      capacity are evaluatedseparately. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Mainline cost per ASM excluding      fuel (and other items as specified in our plan documents) is an important      metric for the employee incentive plan that covers company management and      certain other employeegroups. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Mainline cost per ASM excluding      fuel and certain special items is a measure commonly used by industry      analysts, and we believe it is the basis by which they compare our      airlines to others in the industry.  The measure is also the      subject of frequent questions from  investors. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Disclosure      of the individual impact of certain noted items provides investors the      ability to measure and monitor performance both with and without these      special items. We believe that disclosing the impact of certain items,      such as fleet transition costs and restructuring charges, is important      because it provides information on significant items that are not      necessarily indicative of future performance. Industry analysts and      investors consistently measure our performance without these items for      better comparability between periods and among other    airlines. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Although we disclose our      “mainline” passenger unit revenues, we do not (nor are we able to)      evaluate mainline unit revenues excluding the impact that changes in fuel      costs have had on ticket prices.  Fuel expense represents a      large percentage of      our total mainline      operating expenses. Fluctuations in fuel prices often drive changes in      unit revenues in the mid-to-long term.  Although we believe it      is useful to evaluate non-fuel unit costs for the reasons noted above, we      would caution readers of these financial statements not to place undue      reliance on unit costs excluding fuel as a measure or predictor of future      profitability because of the significant impact of fuel costs on our      business. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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ITEM4

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PARTII

ITEM 1.

ITEM1A

ITEM 5

ITEM6

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SIGNATURES

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EXHIBIT

| Exhibit No. | Description                                                                                                               |
|-------------|---------------------------------------------------------------------------------------------------------------------------|
|        |                                                                                                                      |
| 31.1      * | Section 302      Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section      1350                         |
|        |                                                                                                                      |
| 31.2      * | Section 302      Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section      1350                         |
|        |                                                                                                                      |
| 32.1      * | Section 906      Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section      1350 (furnished, not filed.) |
|        |                                                                                                                      |
| 32.2      * | Section 906      Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section      1350 (furnished, notfiled.)  |

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