ALASKA AIRLINES INC
8-K, 1996-09-24
AIR TRANSPORTATION, SCHEDULED
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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

September 23, 1996
(Date of Report)

Commission file number  0-19978

ALASKA AIRLINES, INC.
(Exact name of registrant as specified in its charter)

           Alaska	                  92-0009235
(State or other jurisdiction of	    (I.R.S. Employer 
incorporation or organization)	     Identification No.)

19300 Pacific Highway South, Seattle, Washington 98188
(Address of principal executive offices)
(206) 431-7079
(Registrant's telephone number)


ITEM 2.  ACQUISITION OF ASSETS

On September 19, 1996, Alaska Airlines, Inc. (Alaska), announced an order 
for 12 Boeing 737-400 aircraft along with an option to acquire 12 more.  
The value of the order, based on the manufacturer's list price, is about 
$540 million.  Alaska expects to finance the aircraft with either leases, 
long-term debt or internally generated cash.  The new aircraft will be 
phased in over the next three years and will replace 12 older McDonnell 
Douglas MD-80s.

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

         ALASKA AIRLINES, INC.	
Registrant

Date:  September 23, 1996	


/s/ Harry G. Lehr	
Harry G. Lehr
Senior Vice President/Finance
(Principal Financial Officer)






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