2025 Q3 Supplemental

Alaska Air Group
arc beats above · slides in the middle · loops below · scroll → 3 LOOPS
SETUP TENSION ANALYSIS EVIDENCE RESOLUTION APPENDIX
HOVER FOR DETAILS · CLICK A SLIDE FOR FULLSCREEN · STEP 1
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Deck intelligence map

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Slide inventory

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every slide · same image gating as the playbook
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Slide 1
front_matter
Open slide detailBeat · Situation & Context
02
other
Open slide detailBeat · Situation & Context
03
summarize
Open slide detailBeat · Situation & ContextLoop · So What Cascade
04
The slide uses a four-column layout to track progress on strategic initiatives, each with a headline financial figure and supporting bullet points.summarize
Open slide detailBeat · Solution & ApproachLoop · So What Cascade
05
The chart illustrates a positive trend in closing the RASM gap, supported by strategic investments and the Alaska Accelerate initiative.quantify_impact
Open slide detailBeat · Evidence & ProofLoop · Pattern Hunter
06
The chart highlights ALK's recovery and sustained lead in unit revenue growth compared to the industry average (Big 4).analyze_data
Open slide detailBeat · Evidence & ProofLoop · Pattern Hunter
07
The chart illustrates a 'U' shaped recovery in the spread between Revenue per Available Seat Mile (RASM) and Cost per Available Seat Mile excluding fuel (CASMexanalyze_data
Open slide detailBeat · Evidence & ProofLoop · Pattern Hunter
08
CASMex is a standard airline industry metric. The chart uses solid bars for actuals and dashed outlines for estimates.analyze_data
Open slide detailBeat · Evidence & ProofLoop · Pattern Hunter
09
Data source: FIS Global Kiodex and Platts S&P Global Commodity Insights.analyze_data
Open slide detailBeat · Evidence & Proof
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The slide tracks leverage ratios and share count dilution/repurchase activity.analyze_data
Open slide detailBeat · Evidence & Proof
11
summarize
Open slide detailBeat · Impact & Next StepsLoop · Maturity Curve