Bank of America Merrill Lynch 2015 Transportation Conference

We have led the industry in on-time performance... 2010 Q #1ON TIME FLIGHTSTATS 5 2012 #1ON TIME FLIGHTSTATS 2014 #1ON TIME FLIGHTSTATS 2011 #1ON TIME FLIGHTSTATS 2013 #ON TIME FLIGHTSTATS CONSISTENT HIGH ON-TIME PERFORMANCE 72.4% 78.3% 82.9% 87.6% 88.2% 87.5% 87.0% Alaska is leading the industry thus far in 2015 86.0% 2007 2008 2009 2010 2011 2012 2013 2014 Alaska

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