On the Record · Alaska Air Group

Alaska Air Group acquisitions, on the record

The businesses Alaska Air Group bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Hawaiian Holdings, Inc. Word for word“The Company has agreed to pay Hawaiian's shareholders $18.00 per share, or approximately $1.0 billion, in cash for the outstanding shares of Hawaiian Holdings, Inc.” 10-K for 2023	agreed acquisition	—	$18.00 per share, or approximately $1.0 billion, in cash
Virgin America Word for word“Air Group acquired Virgin America in 2016, then legally merged the entity with Alaska in 2018, at which time the airlines' operating certificates were also combined.” 10-K for 2023	acquisition	2016	—
Horizon Air Word for word“Horizon is a Washington corporation that was incorporated and began service in 1981, and was acquired by Air Group in 1986.” 10-K for 2023	acquisition	1986	—
McGee Air Services Word for word“The Company also includes McGee Air Services, an aviation services provider that was established as a wholly-owned subsidiary of Alaska in 2016, and other subsidiaries.” 10-K for 2024	acquisition	2016	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)
2016-12-31	$1.95 billion
2017-12-31	$0
2018-12-31	$0
2022-12-31	$0
2023-12-31	$0
2024-12-31	$659 million
2025-12-31	$0

Deal filings since 2016

2026-05-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-04-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-01-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-08-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-10-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-10-15 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2024-09-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-09-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-09-18 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2023-12-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-10-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-05-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-05-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-03-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-01-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-10-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-07-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-04-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-03-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-12-14 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-04-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-04-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Alaska Air Group’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.