Alaska Air Group Declares 27.5 Cent Quarterly Dividend

SEATTLE, May 13, 2016 /PRNewswire/ -- The board of directors of Alaska Air Group (NYSE: ALK) has declared a regular quarterly cash dividend of 27.5 cents per share. The dividend will be paid on June 7, 2016, to all shareholders of record as of May 24, 2016. Dividends are financed from operating cash flow and cash on hand.

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves more than 100 cities through an expansive network in the United States, Canada, Costa Rica and Mexico. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers in North America" in the J.D. Power North American Airline Satisfaction Study for nine consecutive years from 2008 to 2016. Alaska Airlines' Mileage Plan also ranked "Highest in Customer Satisfaction with Airline Loyalty Rewards Programs" in the J.D. Power Airline Loyalty/Rewards Program Satisfaction Report for the last three consecutive years. For reservations, visit www.alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at www.alaskaair.com/newsroom.

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SOURCE Alaska Air Group