Alaska Airlines and Horizon Air 2007 Annual Report Download - page 104

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
In addition to historical information, this Form
10-K contains forward-looking statements within
the meaning of Section 27A of the Securities Act
of 1933, as amended, Section 21E of the
Securities Exchange Act of 1934, as amended,
and the Private Securities Litigation Reform Act
of 1995. Forward-looking statements are those
that predict or describe future events or trends
and that do not relate solely to historical
matters. You can generally identify forward-
looking statements as statements containing the
words “believe,” “expect,” “will,” “anticipate,”
“intend,” “estimate,” “project,” “assume” or
other similar expressions, although not all
forward-looking statements contain these
identifying words. Forward-looking statements
involve risks and uncertainties that could cause
actual results to differ materially from historical
experience or the Company’s present
expectations. Some of the things that could
cause our actual results to differ from our
expectations are:
• the competitive environment in our
industry;
• changes in our operating costs, including
fuel, which can be volatile;
• labor disputes and our ability to attract
and retain qualified personnel;
• the amounts of potential lease
termination payments with lessors for
our remaining MD-80 and Q200 leased
aircraft and related sublease payments
from sublessees, if applicable;
• our significant indebtedness;
• compliance with our financial covenants;
• potential downgrades of our credit
ratings and the availability of financing;
• our ability to meet our cost reduction
goals;
• operational disruptions;
• general economic conditions, as well as
economic conditions in the geographic
regions we serve;
• the concentration of our revenue from a
few key markets;
• actual or threatened terrorist attacks,
global instability and potential U.S.
military actions or activities;
• insurance costs;
• our inability to achieve or maintain
profitability;
• fluctuations in our quarterly results;
• an aircraft accident or incident;
• liability and other claims asserted
against us;
• our reliance on automated systems and
the risks associated with changes made
to those systems;
• our reliance on third-party vendors and
partners;
• changes in laws and regulations; and
• increases in government fees and taxes.
You should not place undue reliance on our
forward-looking statements because the matters
they describe are subject to known and unknown
risks, uncertainties and other unpredictable
factors, many of which are beyond our control.
Our forward-looking statements are based on the
information currently available to us and speak
only as of the date on which this report was filed
with the SEC. We expressly disclaim any
obligation to issue any updates or revisions to
our forward-looking statements, even if
subsequent events cause our expectations to
change regarding the matters discussed in those
statements. Over time, our actual results,
performance or achievements will likely differ
from the anticipated results, performance or
achievements that are expressed or implied by
our forward-looking statements, and such
differences might be significant and materially
adverse to our shareholders. For a discussion of
these and other risk factors in this Form 10-K,
see “Item 1A: Risk Factors.” Please consider our
forward-looking statements in light of those risks
as you read this report.
4