Alaska Airlines was the largest of Alaska Air Group, Inc.’s 3 reported lines in fiscal 2025, at $8.13B — 63% of $12.84B.
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alaska Airlines | $7.30B | $8.01B | $8.15B | $8.13B | |||||||||||||
| Alaska Mainline | — | — | — | — | |||||||||||||
| Hawaiian Airlines | — | — | $757.00M | $2.92B | |||||||||||||
| Regional | $1.51B | $1.52B | $1.81B | $1.79B | |||||||||||||
| Alaska Regional | — | — | — | — | |||||||||||||
| Air Group Adjusted | — | — | — | — | |||||||||||||
| Horizon | — | — | — | — | |||||||||||||
| Intersegment Eliminations | — | — | — | — | |||||||||||||
| Consolidating Other | — | — | — | — | |||||||||||||
| Consolidating &Amp; Other | — | — | — | — | |||||||||||||
| Total | $8.81B | $9.53B | $10.71B | $12.84B |
In fiscal 2025, which ended December 31, 2025, the 3 segments Alaska Air Group, Inc. reported in this breakdown added up to $12.84B. That was up 19.8% from $10.71B in fiscal 2024. Alaska Airlines was the largest segment, at $8.13B or 63.4% of the total, followed by Hawaiian Airlines ($2.92B, 22.7%) and Regional ($1.79B, 13.9%). Together, the two largest segments made up 86.1% of this total.
Compared with fiscal 2024, Hawaiian Airlines grew the fastest, rising 285.5% to $2.92B. Regional fell the most, down 1.1% to $1.79B.
Hawaiian Airlines was first reported as a separate segment in fiscal 2024. The table also keeps 7 segments that Alaska Air Group, Inc. no longer reports, so earlier years can still be read on their original basis; use "Show 7 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2009 to 2025, as reported in Alaska Air Group, Inc.'s annual filings.
Loyalty Program Other was the largest of Alaska Air Group, Inc.’s 5 reported lines in fiscal 2023, at $1.25B — 50% of $2.47B.
| Product and Service | FY 2022 | FY 2023 |
|---|---|---|
| Passenger | $133.00M | $128.00M |
| Loyalty Program Other | — | $1.25B |
| Mileage Plan Services, Other | $1.13B | — |
| Cargo & Freight | $492.00M | $496.00M |
| Passenger Ancillary Revenue | $447.00M | $476.00M |
| Other Services | $115.00M | $124.00M |
| Total | $2.32B | $2.47B |
In fiscal 2023, which ended December 31, 2023, the 5 revenue lines Alaska Air Group, Inc. reported in this breakdown added up to $2.47B. The revenue lines reported changed from fiscal 2022, so the total is not directly comparable with the $2.32B reported that year. Loyalty Program Other was the largest revenue line, at $1.25B or 50.5% of the total, followed by Cargo & Freight ($496.00M, 20.1%) and Passenger Ancillary Revenue ($476.00M, 19.3%). Together, the two largest revenue lines made up 70.5% of this total.
Compared with fiscal 2022, Other Services grew the fastest, rising 7.8% to $124.00M. Passenger fell the most, down 3.8% to $128.00M. Because revenue lines were added or dropped between the two years, part of this reflects how Alaska Air Group, Inc. regrouped its reporting.
Loyalty Program Other was first reported as a separate revenue line in fiscal 2023. The table also keeps 1 revenue line that Alaska Air Group, Inc. no longer reports, so earlier years can still be read on their original basis; use "Show 1 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2022 to 2023, as reported in Alaska Air Group, Inc.'s annual filings.
Previously Reported was the largest of Alaska Air Group, Inc.’s 2 reported lines in fiscal 2016, at $5.01B — 93% of $5.39B.
| Adjustments for New Accounting Pronouncements | FY 2016 |
|---|---|
| Previously Reported | $5.01B |
| Restatement Adjustment | $386.00M |
| Total | $5.39B |
In fiscal 2016, which ended December 31, 2016, the 2 revenue lines Alaska Air Group, Inc. reported in this breakdown added up to $5.39B. Previously Reported was the largest revenue line, at $5.01B or 92.8% of the total, followed by Restatement Adjustment ($386.00M, 7.2%).
This breakdown covers every fiscal year from 2016 to 2016, as reported in Alaska Air Group, Inc.'s annual filings.
Alaska Air Group, Inc. (ALK) breaks its revenue down by segment and revenue line. In fiscal 2025, its largest segment was Alaska Airlines, with $8.13B or 63.4% of the total, followed by Hawaiian Airlines at $2.92B (22.7%).
Alaska Airlines was Alaska Air Group, Inc.'s largest segment in fiscal 2025, with $8.13B in revenue, 63.4% of the $12.84B reported across its 3 segments.
Loyalty Program Other was Alaska Air Group, Inc.'s largest revenue line in fiscal 2023, with $1.25B in revenue, 50.5% of the $2.47B reported across its 5 revenue lines.
Of the Alaska Air Group, Inc. segments reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Hawaiian Airlines grew the fastest, rising 285.5% from $757.00M to $2.92B.
Every figure is taken from Alaska Air Group, Inc.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by segment covers fiscal 2009 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.