form8k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549


FORM 8-K


CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

June 23, 2008
(Date of earliest event reported)

ALASKA AIR GROUP, INC.
(Exact Name of Registrant as Specified in Its Charter)

Delaware
(State or Other Jurisdiction of Incorporation)

1-8957
91-1292054
(Commission File Number)
(IRS Employer Identification No.)


19300 International Boulevard, Seattle, Washington
98188
(Address of Principal Executive Offices)
(Zip Code)

(206) 392-5040
(Registrant’s Telephone Number, Including Area Code)

 
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o       Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o       Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o       Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o       Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
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ITEM 7.01. Regulation FD Disclosure
Pursuant to 17 CFR Part 243 (“Regulation FD”), the Company is submitting information relating to its financial and operational outlook in the “Investor Update” as attached in Exhibit 99.1.

In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.  This report will not be deemed an admission as to the materiality of any information required to be disclosed solely to satisfy the requirements of Regulation FD.

ITEM 8.01.  Other Information
The following information reflects the results of shareholder voting on the proposals from the Annual Meeting of Stockholders.

(a)  
The Company’s Annual Meeting of Stockholders was held on May 20, 2008.

(b)  
At the Annual Meeting, William S. Ayer, Phyllis J. Campbell, Mark R. Hamilton, R. Marc Langland, Dennis F. Madsen and Byron I. Mallott were elected directors for one-year terms expiring on the date of the Annual Meeting in 2009.

(c)  
The results of voting in the election of directors were as follows:

Board Nominees
  
For
    
Withheld
  
William S. Ayer
  
28,880,610
    
559,459
  
Phyllis J. Campbell
  
28,877,439
    
562,630
  
Mark R. Hamilton
  
28,820,321
    
619,748
  
R. Marc Langland
  
28,920,945
    
519,124
  
Dennis F. Madsen
  
28,797,285
    
642,784
  
Byron I. Mallott
  
28,830,662
    
609,407
  

Shareholder Nominees
  
For
    
Withheld
  
Richard D. Foley
  
78,861
    
28,261
  
Stephen Nieman
  
81,179
    
25,943
  
Terry K. Dayton
  
80,032
    
27,090
  
Carl L. Olson
  
78,459
    
28,663
  
William B. Davidge
  
77,809
    
29,313
  
Aaron C. Kreps
  
77,809
    
29,313
  

The terms of the following directors continued after the Annual Meeting:
 
Patricia M. Bedient
Jessie J. Knight, Jr.
J. Kenneth Thompson
 
 
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(d)  
The results of voting on Proposals 2 through 5 were as follows:

 
Proposals
For
Against
Abstain
Broker Non-Votes
2.
Board proposal to approve the Alaska Air Group, Inc. 2008 Performance Incentive Plan
23,615,516
1,471,389
62,075
4,291,090
3.
Stockholder-sponsored proposal requesting that the Board of Directors amend the Company’s governance documents to require stockholder vote on the poison pill.
7,564,828
17,431,669
152,482
4,291,090
4.
Stockholder-sponsored proposal requesting that the Board of Directors amend the Company’s governance documents to adopt cumulative voting.
12,876,358
12,159,075
113,546
4,291,090
5.
Stockholder-sponsored proposal requesting that the Board of Directors adopt a policy to allow stockholders to cast an advisory vote on the compensation of certain executive officers.
13,478,067
11,034,216
636,697
4,291,090


ITEM 9.01.  Exhibits
Investor Update

 
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Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

ALASKA AIR GROUP, INC.
  
Registrant
   
Date: June 23, 2008
  
   
/s/ Brandon S. Pedersen
  
Brandon S. Pedersen
Vice President/Finance and Controller
   
/s/ Bradley D. Tilden
  
Bradley D. Tilden
Executive Vice President/Finance and Planning and Chief Financial Officer
 
 
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